BusinessNews

PHINMA Petroleum and Geothermal Adopts New Stock Ticker

Makati—(PHStocks)—PHINMA Petroleum and Geothermal Inc., formerly Trans-Asia Petroleum Corp. (TAPET), adopts the ticker symbol “PPG” effective June 29, 2017.

The Securities & Exchange Commission (SEC) has approved the change in corporate name of Trans-Asia Petroleum to PHINMA Petroleum and Geothermal Inc. last May 31, 2017.

This move is part of the re-branding process of the PHINMA Group’s energy arm, PHINMA Energy Corp., which changed its name in the third quarter of 2016. PHINMA Petroleum and Geothermal will continue to engage in the business of exploration, prospecting, discovery, development, extraction, production and exploitation of crude oil, natural gas, natural gas liquids and other forms of petroleum, and geothermal fluids.

PHINMA is a local diversified conglomerate engaged in energy, education, housing, steel roofing, hospitality, and strategic consulting.

The company can be reached at the same address: Level 11, PHINMA Plaza, 39 Plaza Drive, Rockwell Center, Makati City.

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