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Coal Asia Holdings Incorporated
| Coal Asia Holdings Incorporated (COAL) was incorporated on June 11, 2012 primarily to be the holding company of Titan Mining and Energy Corporation (TMEC), which is engaged in the operations of coal mining and energy-related business. The Company owns 100% equity interest in TMEC. TMEC currently owns Coal Operating Contracts (COC) in Davao Oriental and in Zamboanga Sibugay. In 2016, preliminary mine development activities commenced at the Davao Oriental project, although TMEC is still awaiting the conversion of the COC from exploration to development and production. TMEC submitted a five-year work program with feasibility study for the Zamboanga Sibugay project to the Department of Energy (DOE) in August 2016. In 2017, the group submitted all the requirements for the conversion to the DOE. The conversion was approved by the DOE. On December 11, 2019, the DOE converted TMEC's COC from exploration to development and production phase on the condition that TMEC shall secure the consent of the National Commission on Indigenous Peoples prior to the execution of development activities on the field. Source: SEC Form 17-A (2022) |
| Sector | Mining and Oil |
|---|---|
| Subsector | Mining |
| Corporate Life | |
| Incorporation Date | Jun 11, 2012 |
| Number of Directors | 0 |
| Stockholders' Meeting as per By-Laws | |
| Fiscal Year | 12/31 (Month/Day) |
| External Auditor | Reyes Tacandong & Co. |
| Transfer Agent | Professional Stock Transfer, Inc. |
| Business Address | 3rd floor JTKC Center, 2155 Don Chino Roces Ave., Makati City |
|---|---|
| E-mail Address | [email protected] |
| Telephone Number | (+632) 8818-6772 and (+632) 8813-8892 |
| Fax Number | (+632) 8810-3536 |
| Website | http://www.coalasiaholdings.com |
