PHINMA Education invests P278M in Indonesia JV

Business World by Arra B. Francia February 13, 2019 THE education arm of PHINMA Corp. is investing P278 million in a joint venture (JV) firm in Indonesia, marking its entry into the Southeast Asian country. In a disclosure to the stock exchange on Tuesday, PHINMA said its wholly-owned unit PHINMA Education Holdings, Inc. signed on

Ayala to Invest in PHINMA Energy

[January 9, 2019 ] —— AC Energy, Ayala’s energy platform, and PHINMA yesterday inked a mutually strategic agreement in relation to AC Energy’s investment in PHINMA Energy Corporation (“PHEN”). AC Energy will acquire PHINMA’s combined 51.48% stake in PHEN via a secondary share sale for approximately P3.42bn. This is based on the valuation date of

Accelerated Growth Expected as PHINMA Corporation Ups Revenues by 45%

For the six-month period ended June 30, 2018, PHINMA Corporation’s revenues increased by 45% year-on year to P4.5 billion. PHINMA Corporation, President & CEO, Ramon R. del Rosario, Jr. noted that “The first half financial performance of PHINMA was significantly stronger than the same period last year” and that the corporation “will continue to strive

Ramon V. del Rosario Award for Nation Building recognizes Dado Banatao

Global Filipino techpreneur and innovation champion, Diosdado “Dado” Banatao is the 2018 Ramon V. Del Rosario Sr. Awardee for Nation Building. Marking the 100th birth anniversary of PHINMA founder, Ramon V. Del Rosario, Sr., Mr. Banatao accepted the award at a ceremony held at the recently opened National Museum of Natural History last July 25,

SEC OKs incorporation of PHINMA cement unit

By Angelica Ballesteros Manila Times September 29, 2017 PHINMA Corp. said on Thursday that it had secured the nod of the Securities and Exchange Commission (SEC) for the incorporation of PhilCement Corp., a new firm to hold its expanded cement business. “Disclosure is updated today to indicate SEC approval for the incorporation of the new

PHINMA Energy to develop solar energy in Batangas

By: Ronnel W. Domingo – @inquirerdotnetPhilippine Daily Inquirer / 05:15 AM September 14, 2017 Phinma Energy Corp. has signed a solar energy service contract with the Department of Energy to support plans of a 45-megawatt solar farm in Batangas. The service contract grants Phinma Energy the exclusive right to explore, develop and use the solar

PHINMA COC criminology grads garner top spots in licensure exams

SunStar Cagayan de Oro by Jennifer Valcobero FOR some, passing an exam–school exams, Civil Service exams, or even licensure exams–is achievement enough. Some are happy with being average and getting enough to pass the exam. But if passing an examination is already a big achievement, how much more if you made it with flying colors?

PHINMA Energy to hike power supply in quake-hit Visayas

Manila Bulletin By Myrna Velasco July 12, 2017 PHINMA Energy Corporation will be augmenting power supply in the earthquake-stricken domains in the Visayas grid by close to 40 megawatts from its power barges that could be deployed into the area. This will be in response to the request of the Department of Energy (DoE) for

Trans-Asia Oil changes name to PHINMA Energy

The Philippine Star By Danessa Rivera January 27, 2016 Listed Trans-Asia Oil and Energy Development Corp. is changing its name to Phinma Energy Corp. to reflect the group’s brand in the power business. In a disclosure to the Philippine Stock Exchange, Trans-Asia said its board approved the change in corporate name in a meeting in

Energy, Oil & Gas: A Feature on Trans-Asia Oil and Energy Development Corporation

Energy, Oil & Gas A feature story on Trans-Asia Oil and Energy Development Corporation Energising success Providing integrated power solutions for 45 years now, Trans-Asia Oil and Energy Development Corporation is the flagship energy arm of Philippine Investment Management Inc (PHINMA). With a combined capacity of close to 500MW from its power plants and partnerships,