July 24, 2014 4:52 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Trans-Asia Oil and Energy Development Corporation

Company Overview

Trans-Asia Oil and Energy Development Corporation is engaged in power generation and trading; and oil and mineral exploration, development, and production activities in the Philippines. It operates through Power, and Petroleum and Mining segments. The company operates and maintains power generation plant, including the related facilities, and machinery and equipment, as well as trades in electricity in the wholesale electricity spot market. It also operates a 21 MW oil-fired power plant. The company was formerly known as Trans-Asia Oil and Mineral Development Corporation and changed its name to Trans-Asia Oil and Energy Development Corporation in April 1996. Trans-Asia Oil and Energy Develop...

Phinma Plaza

11th Floor

39 Plaza Drive

Rockwell Center

Makati City,  1200

Philippines

Founded in 1969

64 Employees

Phone:

63 2 870 0100

Fax:

63 2 870 0448

Key Executives for Trans-Asia Oil and Energy Development Corporation

Trans-Asia Oil and Energy Development Corporation does not have any Key Executives recorded.

Trans-Asia Oil and Energy Development Corporation Key Developments

TRANS-ASIA Oil and Energy Development Corp. Secures Three New Service Contracts

TRANS-ASIA Oil and Energy Development Corp. has secured three new service contracts (SC) involving hydropower projects in Luzon with combined capacity of 320 megawatts (MW). The contracts, the company noted, provide for a two-year pre- development stage during which the company intends to evaluate the commercial feasibility of the projects.

Trans-Asia Oil and Energy Development Corporation Declares Cash Dividends, Payable on May 7, 2014

Board of Directors of Trans-Asia Oil and Energy Development Corporation held March 24, 2014, the Board declared a cash dividend of PHP 0.04 per share, payable on May 7, 2014 to all shareholders of record as of April 7, 2014. Ex-date is April 02, 2014.

Trans-Asia Oil and Energy Development Corp. Announces Earnings Results for the Year 2013

Trans-Asia Oil and Energy Development Corp. announced earnings results for the year 2013. For the year, the company's equalized income rose 22% to PHP 150.2 million from PHP 123.5 million.

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