SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Dec 29, 2017

2. SEC Identification Number

069039274

3. BIR Tax Identification No.

000506020000

4. Exact name of issuer as specified in its charter

PHINMA Energy Corporation

5. Province, country or other jurisdiction of incorporation

Makati City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Level 11 PHINMA Plaza, 39 Plaza Drive, Rockwell Center, Makati City Postal Code 1200

8. Issuer's telephone number, including area code

632-8700100

9. Former name or former address, if changed since last report

Not applicable

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common	4,885,897,908

11. Indicate the item numbers reported herein

N/A

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

PHINMA Energy CorporationPHEN

PSE Disclosure Form 4-26 - Legal Proceedings References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Withdrawal of the case filed on September 13, 2017.
Background/Description of the Disclosure
PHINMA Energy Corporation and Power Sector Assets and Liabilities Management Corporation (PSALM) have agreed to mutually terminate the Administration Agreement for the 40 megawatt strip of energy of the Unified Leyte Geothermal Power Plant. The termination allows the Company to improve its supply costs while maintaining a diversified portfolio. The Company has settled all its obligations with PSALM. PHINMA Energy Corporation will withdraw the case it filed earlier and no further claims will be pursued.

Name of the court or agency in which the proceedings are pending	Regional Trial Court- Makati City
Date Instituted	Sep 13, 2017
Docket Number	R-MKT-17-03089-CV

Principal Parties
Complainant- PHINMA Energy Corporation Defendants- PSALM and Emmanuel R. Ledesma, Jr.
Nature and description of the legal proceedings
Civil case for damages and annulment of the Agreement with prayer for a writ of preliminary injunction/writ of preliminary mandatory injunction and temporary restraining order (TRO).
The effect(s) on the Issuer's business or operations, if any
The case has no material adverse effect on the operations of the Corporation.
Other Relevant Information
Disclosure was amended today in relation to PHINMA Energy Corporation’s Material Information disclosure on Dec. 29, 2017 with reference number C07784-2017 to update that PHINMA Energy Corporation and Power Sector Assets and Liabilities Management Corporation (PSALM) have agreed to mutually terminate the Administration Agreement for the 40 megawatt strip of energy of the Unified Leyte Geothermal Power Plant. PHINMA Energy Corporation will withdraw the case it filed and no further claims will be pursued.