Coal Asia Holdings Corp.

Coal Asia Holdings Incorporated (COAL) was incorporated on June 11, 2012 primarily to be the holding company of Titan Mining and Energy Corporation (TMEC), which is engaged in the operations of coal mining and energy-related business.

The Company owns the 100% equity interest in TMEC. TMEC currently owns Coal Operating Contracts (COC) in Davao Oriental and in Zamboanga Sibugay. In 2016, preliminary mine development activities commenced at the Davao Oriental project, although TMEC is still awaiting the conversion of the COC from exploration to development and production. TMEC submitted a five-year work program with feasibility study for the Zamboanga Sibugay project to the Department of Energy (DOE) in August 2016.

In 2017, the group submitted all the requirements for the conversion to the DOE. The conversion was approved by the DOE. On December 11, 2019 the DOE converted TMEC’s COC from Exploration to Development and Production Phase on the condition that TMEC shall secure NCIP’s FPIC and/or CNO prior to the execution of development activities on the field.


Board of Directors

PositionName
Chairman of the BoardHarald R. Tomintz
DirectorDexter Y. Tiu
DirectorJohnson A. Sanhi, Jr.
DirectorArsenio M. Bartolome III
DirectorEric Y. Roxas
Independent DirectorAristides S. Armas
Independent DirectorJuan Kevin G. Belmonte

Management Officers

PositionName
President and COOJohnson A. Sanhi, Jr.
TreasurerDexter Y. Tiu
Chief Financial Officer (OIC)Rolando P. Domingo
Corporate SecretaryA. Bayani K. Tan
Assistant Corporate SecretaryAnn Margaret K. Lorenzo
Vice President – ExplorationEnrique C. Payawal
Accounting Manager/
Investor Relations Officer/
Compliance Officer
Rosanna T. Desiderio

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