Makati—(PHStocks)—After 47 years of existence, Trans-Asia Oil and Energy Development Corp. (TA) has evolved and grown into a bigger and brighter company, which is to be known moving forward as, PHINMA Energy Corp.
PHINMA Energy shall adopt the ticker symbol “PHEN” upon completion and effectivity of the change in PSE’s system on September 2, 2016 to reflect the company’s new name and ticker. PH represents its parent, PHINMA, while EN represents the business of ENERGY.
As of 22 August 2016, the company received approval from the Securities and Exchange Commission (SEC) to change its corporate name from Trans-Asia Oil and Energy Development Corporation to PHINMA Energy Corp.
The re-energized brand of the company combines PHINMA’s impeccable reputation of integrity with the commercial success of Trans-Asia. As the company embraces the name of its Parent to become PHINMA Energy, it is invigorated with resolve to capture a significant share of the retail electricity market through customizable power solutions, serving a greater number of energy end-users with a customer-centric approach.
PHINMA Energy is committed to promoting clean and responsible power generation and empowering our host communities as our contribution to nation building.
PHINMA is a local diversified conglomerate engaged in energy, education, housing, steel building systems, hospitality, and strategic consulting.
PHINMA Energy is an integrated power company engaged in power generation, wholesale and retail electricity supply, wind energy development and energy resource development. The company can be reached at the same address: Level 11, PHINMA Plaza, 39 Plaza Drive, Rockwell Center, Makati City.