UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                     WASHINGTON, D.C. 20549

                      ---------------------
                           FORM 12b-25
                      ---------------------

                   NOTIFICATION OF LATE FILING

                          (Check One):

[ ]Form 10-K  [ ]Form 20-F  [ ]Form 11-K  [X]Form 10-Q  [ ]Form N-SAR


               For the Period Ended: June 30, 2002
                ---------------------------------

     Nothing in this Form shall be construed to imply that the
Commission has verified any information contained herein.
                ---------------------------------

      If  the  notification relates to a portion  of  the  filing
checked  above,  identify the Item(s) to which  the  notification
relates:  N/A


                ---------------------------------
                 Part I - Registrant Information
                ---------------------------------

Full Name of Registrant: TransAmerican Holdings, Inc.

Former Name if Applicable: N/A

Address of Principal Executive Office:

     9601 Wilshire Boulevard, Suite 620
     Beverly Hills, California 90210


                ---------------------------------
                Part II - Rules 12b-25(b) and (c)
                ---------------------------------

       If   the   subject  report  could  not  be  filed  without
unreasonable  effort or expense and the registrant  seeks  relief
pursuant  to  Rule 12b-25(b), the following should be  completed:
(Check box if appropriate)

     |    (a)  The reasons described in reasonable detail in Part
     |    III of this form could not be eliminated without
     |    unreasonable effort or expense;
     |
     |    (b)  The subject annual report, semi-annual report, or
     |    transition report or portion thereof will be filed on
     |    or before the fifteenth calendar day following the
[X]  |    prescribed due date; or the subject quarterly report or
     |    transition report on Form l0-Q or portion thereof will
     |    be filed on or before the fifth calendar day following
     |    the prescribed due date; and
     |
     |    (c)  The accountant's statement or other exhibit
     |    required by Rule 12b-25(c) has been attached if
     |    applicable.


                ---------------------------------
                      Part III - Narrative
                ---------------------------------

     State below in reasonable detail the reasons why the Form 10-
K,  20-F,  11-K,  10-Q,  or N-SAR, or the  transition  report  or
portion  thereof  could not be filed within the  prescribed  time
period.

      Management  is  awaiting review  by  and  approval  of  the
Company's  auditors  of the Form 10-QSB and finalization  of  the
financial reports therein for the period ended June 30, 2002.  As
a result, additional time is needed to file the report.


                ---------------------------------
                   Part IV - Other Information
                ---------------------------------

     (1)   Name  and  telephone number of person  to  contact  in
     regard to this notification:

            Tarek Choufani             (310) 271-4159
                (Name)               (Telephone Number)


     (2)   Have all other periodic reports required under Section
     13  or  15(d) of the Securities Exchange Act of 1934  during
     the preceding l2 months (or for such shorter period that the
     registrant  was required to file such reports)  been  filed?
     If answer is no, identify report(s).
                                                  [X] Yes  [ ] No


     (3)   Is  it  anticipated  that any  significant  change  in
     results of operations from the corresponding period for  the
     last   fiscal  year  will  be  reflected  by  the   earnings
     statements  to be included in the subject report or  portion
     thereof?
                                                  [ ] Yes  [X] No

     If  so:   attach  an explanation of the anticipated  change,
     both  narratively and quantitatively, and,  if  appropriate,
     state  the reasons why a reasonable estimate of the  results
     cannot be made.


                  TRANSAMERICAN HOLDINGS, INC.
          (Name of Registrant as specified in charter)

has  caused this notification to be signed on its behalf  by  the
undersigned thereunto duly authorized.


Dated:  August 13, 2002

                              TRANSAMERICAN HOLDINGS, INC.

                              /s/ Najib E. Choufani
                              ---------------------
                              Najib E. Choufani,
                              Chairman and CEO
                              TransAmerican Holdings, Inc.
                              9601 Wilshire Boulevard, Suite 620
                              Beverly Hills, California 90210
                              (310) 271-4159


                            ATTENTION

      Intentional  misstatements or omissions of fact  constitute
Federal Criminal Violations (See 18 U.S.C. 1001).