Friday, February 9, 2018

PHINMA Energy Corporation (PHEN)

This posting may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
PHINMA Energy Corporation (PHEN)
Sector
Industrial
Incorporation Date
Sep 08, 1969
Subsector
Electricity, Energy, Power & Water
Number of employees
 (Group Total)
Board of Directors
Chairman: Oscar J. Hilado, Vice chairman: Ramon R. del Rosario, Jr.
Website / E-mail
http://www.transasia-energy.com / avr@trans-asia.phinma.com
2. Stock Information
Total Assets
21,383,186,000
Market Capitalization
7,628,048,878.32
Total Liabilities
12,175,191,000
Outstanding Shares
4,889,774,922
Retained Earnings
4,074,444,000
Listed Shares
4,889,774,922
Listing Date
Jan 05, 1970
Issued Shares
4,889,774,922
Board Lot
1,000
Free Float Level (%)
44.36%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
Phil. Investment Management (PHINMA), Inc.
PHINMA Corporation
25.11 %
26.22 %
4. Company Descriptions and Business Development
Notes
1. Related companies: PHN, PHEN and PPG.
Overview
PHINMA Energy is engaged primarily in power generation and electricity supply, with secondary investments in petroleum and geothermal exploration. Most of its electricity is sold to end users directly under the supply contracts such as Holcim, PEZA, Lafarge Republic and the remaining supply is sold to WESM.

Business
Revenue contribution in 2016
Electricity Sales
Dividend Income
15,465,866,000
7,433,000
99.95%
0.05%


Subsidiaries / Associates / Affiliates / Joint Ventures
Trans-Asia Power Generation Corporation (TAPGC, 100%), through One Subic Power Generation, leases and operates 116 MW Subic Diesel Generator Power Plant, owned by SBMA.
CIP II Power Corporation (CIPP, 100%)
South Luzon Thermal Energy Corporation (SLTEC, 45%), through a JV, operates a 2 x 135MW Coal-fired Power Plant in Calaca, Batangas.
Maibarara Geothermal, Inc. (MGI, 25%)
Trans-Asia Renewable Energy Corporation (TAREC, 100%) has a 54 MW San Lorenzo Wind power plant.
Power Barge 101, 102 and 103
Phinma Petroleum and Geothermal, Inc. (PPG, 50.74%, a listed company)

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