Phinma gets new ticker symbol

Phinma Energy Corp. will use a new ticker symbol at the Philippine Stock Exchange (PSE). 

In a press statement, Phinma announced the PSE’s approval of their request to change their ticker symbol from “TA” to “PHEN”.

For 47 years, the company has been known as Trans-Asia Oil and Energy Development Corp.

But last Aug. 22, the Securities and Exchange Commission (SEC) granted its request to change its corporate name to Phinma Energy Corp.

In the ticker symbol, “PH” now represents Phinma, while “EN” represents energy.

Phinma will start using the new ticker symbol on Friday.

“The re-energized brand of the company combines Phinma’s impeccable reputation of integrity with the commercial success of Trans-Asia,” Phinma said.

“As the company embraces the name of its parent to become Phinma Energy Corporation, 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,” it added.

According to the release, Phinma Energy Corp. is committed to promoting clean and responsible power generation and empowering communities as its contribution to nation building.

Phinma is a local diversified conglomerate engaged in energy, education, housing, steel building systems, hospitality and strategic consulting.

It is an integrated power company engaged in power generation, wholesale and retail electricity supply, wind energy development and energy resource development.

RIZA LOZADA