Metis Energy L02

SGD 0.028 +0.00% +0.00 Updated 23 Oct 2026, 17:16 SGT

Company profile

The business, the people and the ownership behind Metis Energy.

Business overview

About the company

Metis Energy operates renewable energy businesses. Its annual report identifies renewable energy as its principal reportable operating segment.

Annual Report 2025 ↗ Reviewed 2026-10-23 · Source dated 2026-04-09. PDF p. 101

Listed security

Company & listing

Full Company Name: METIS ENERGY LIMITED
Trading Currency: SGD
Website: www.manhattan.sg
Listing: Listed on 28 February 2000 on SGX Mainboard
ISIN Code: SG1I14879601

Board & management

Leadership

Tang Kin Fei

Board Chairman and Interim CEO

Ajaib Hari Dass

Lead Independent Director

Lee Fook Choon

Independent

Tan Tong Hai

Non-Independent

Tan Yek Lee Doreen

Independent

Roles listed in ANNUAL REPORT 2025; current appointments are not independently verified.

Holdings

Ownership

As reported at 2026-03-16 · PDF p. 126

LOW YI NGO

Direct interest 5,980,200 shares (0.20%); deemed interest 1,849,521,700 shares (60.97%)

Substantial shareholder, Register of Substantial Shareholders

ELAINE LOW

Direct interest nil (–); deemed interest 1,849,521,700 shares (60.97%)

Substantial shareholder, Register of Substantial Shareholders

DATO’ DR. LOW TUCK KWONG

Direct interest 373,637 shares (0.01%); deemed interest 2,400,639,590 shares (79.14%)

Substantial shareholder, Register of Substantial Shareholders

WONG KAI LAI

Direct interest nil (–); deemed interest 831,736,700 shares (27.42%)

Substantial shareholder, Register of Substantial Shareholders

ENERGY RESOURCE INVESTMENT PTE LTD

Direct interest 830,046,700 shares (27.36%); deemed interest nil

Substantial shareholder, Register of Substantial Shareholders

KAIYI INVESTMENT PTE LTD

Direct interest 1,019,475,000 shares (33.61%); deemed interest nil

Substantial shareholder, Register of Substantial Shareholders

Total interests include direct and deemed holdings and may overlap across holders. These percentages should not be added together.

Registered & depository holders 20 holders

Registered holdings, including nominees and depositories; these do not establish ultimate beneficial ownership. As reported at 2026-03-16 · PDF p. 125

Registered holder	Interest	Shares / units	Source
KAIYI INVESTMENT PTE LTD	1,019,475,000 shares; 33.61%		PDF p. 1252026-03-16
ENERGY RESOURCE INVESTMENT PTE LTD	830,046,700 shares; 27.36%		PDF p. 1252026-03-16
CITIBANK NOMINEES SINGAPORE PTE LTD	576,764,043 shares; 19.01% (nominee)		PDF p. 1252026-03-16
UNITED OVERSEAS BANK NOMINEES PTE LTD	106,013,600 shares; 3.49% (nominee)		PDF p. 1252026-03-16
CGS INTERNATIONAL SECURITIES SINGAPORE PTE LTD	81,161,392 shares; 2.68%		PDF p. 1252026-03-16
DBS NOMINEES PTE LTD	64,458,370 shares; 2.12% (nominee)		PDF p. 1252026-03-16
RAFFLES NOMINEES (PTE) LIMITED	51,013,906 shares; 1.68% (nominee)		PDF p. 1252026-03-16
DB NOMINEES (SINGAPORE) PTE LTD	35,069,907 shares; 1.16% (nominee)		PDF p. 1252026-03-16
PHILLIP SECURITIES PTE LTD	25,533,300 shares; 0.84%		PDF p. 1252026-03-16
TANG KIN FEI	25,000,000 shares; 0.82%		PDF p. 1252026-03-16
OCBC SECURITIES PRIVATE LTD	16,919,000 shares; 0.56%		PDF p. 1252026-03-16
MAYBANK SECURITIES PTE. LTD.	15,736,700 shares; 0.52%		PDF p. 1252026-03-16
UOB KAY HIAN PTE LTD	9,740,600 shares; 0.32%		PDF p. 1252026-03-16
CHENG YIN MUI OR HO SING MING	8,147,208 shares; 0.27%		PDF p. 1252026-03-16
ONG SEE BENG	7,540,000 shares; 0.25%		PDF p. 1252026-03-16
LOW YI NGO	5,980,200 shares; 0.20%		PDF p. 1252026-03-16
LEE DEBORAH CHEUNG	5,970,000 shares; 0.20%		PDF p. 1252026-03-16
CHAU WUN	5,660,600 shares; 0.19%		PDF p. 1252026-03-16
CHEW KENG CHUAN	5,635,000 shares; 0.19%		PDF p. 1252026-03-16
HSBC (SINGAPORE) NOMINEES PTE LTD	4,929,600 shares; 0.16% (nominee)		PDF p. 1252026-03-16

Group structure

Main operating subsidiaries

As reported at 2025-12-31

Company	Market	Ownership interest
Vietrof RE Pte. Ltd.(a)Proportion of ownership interestPDF p. 91	Developer, owner and operator of renewable energy assets; Singapore; 100% (2025), 100% (2024); held through Athena Energy Holdings Pte. Ltd.
Vietrof PV Pte. Ltd.(a)Proportion of ownership interestPDF p. 91	Developer, owner and operator of renewable energy assets; Singapore; 100% (2025), 100% (2024); held through Athena Energy Holdings Pte. Ltd.
Metis Solar Pte. Ltd.(a)Proportion of ownership interestPDF p. 91	Developer, owner and operator of renewable energy assets; Singapore; 100% (2025), 100% (2024); held through Athena Energy Holdings Pte. Ltd.
Metis RE Pte. Ltd.(c)Proportion of ownership interestPDF p. 91	Developer, owner and operator of renewable energy assets; Singapore; 100% (2025), 100% (2024); held through Athena Energy Holdings Pte. Ltd.
Metis PV Pte. Ltd.(c)Proportion of ownership interestPDF p. 91	Developer, owner and operator of renewable energy assets; Singapore; 100% (2025), 100% (2024); held through Athena Energy Holdings Pte. Ltd.
Metis Australia Investment Pte. Ltd.(a)Proportion of ownership interestPDF p. 91	Investment holding; Singapore; 100% (2025), 100% (2024); held through Athena Energy Holdings Pte. Ltd.
Metis RE (Philippines) Pte. Ltd.(c)Proportion of ownership interestPDF p. 91	Investment holding; Singapore; 100% (2025), 100% (2024); held through Athena Energy Holdings Pte. Ltd.
Athena Energy Australia (Holdings) Pty. Ltd.(c)Proportion of ownership interestPDF p. 91	Developer, owner and operator of renewable energy assets; Australia; 100% (2025), 100% (2024); held through Athena Energy Holdings Pte. Ltd.
Athena Wind Energy Australia (Holdings) Pty. Ltd.(c)Proportion of ownership interestPDF p. 91	Developer, owner and operator of renewable energy assets; Australia; 100% (2025), 100% (2024); held through Athena Energy Holdings Pte. Ltd.
Metis Operations (Australia) Pty. Ltd.(c)Proportion of ownership interestPDF p. 91	Services related to management consulting; Australia; 100% (2025), 100% (2024); held through Athena Energy Holdings Pte. Ltd.
Metis Solar (Vietnam) Pte. Ltd.(c)Proportion of ownership interestPDF p. 91	Developer, owner and operator of renewable energy assets; Singapore; 100% (2025), 100% (2024); held through Athena Energy Holdings Pte. Ltd.
Metis Philippines Kembangan Solar Pte. Ltd.(c)Proportion of ownership interestPDF p. 92	Investment holding; Singapore; 100% (2025), 100% (2024); held through Metis RE (Philippines) Pte. Ltd.
Metis Solar (Indonesia) Pte. Ltd.(a)Proportion of ownership interestPDF p. 92	Developer, owner and operator of renewable energy assets; Singapore; 100% (2025), 100% (2024); held through Metis Solar Pte. Ltd.
Vietrof Solar Pte. Ltd.(a)Proportion of ownership interestPDF p. 92	Developer, owner and operator of renewable energy assets; Singapore; 100% (2025), 100% (2024); held through Metis Solar Pte. Ltd.
Vietrof Renewable Energy Co., Ltd.(b)Proportion of ownership interestPDF p. 92	Developer, owner and operator of renewable energy assets; Vietnam; 100% (2025), 100% (2024); held through Vietrof RE Pte. Ltd.
Vietrof PV Vietnam Co., Ltd.(b)Proportion of ownership interestPDF p. 92	Services related to management consulting; Vietnam; 100% (2025), 100% (2024); held through Vietrof PV Pte. Ltd.
Leedon International Vietnam Co., Ltd(b)Proportion of ownership interestPDF p. 92	Services related to management consulting; Vietnam; 100% (2025), 100% (2024); held through Vietrof PV Pte. Ltd.
Vietrof Solar Vietnam Co., Ltd(b)Proportion of ownership interestPDF p. 92	Developer, owner and operator of renewable energy assets; Vietnam; 100% (2025), 100% (2024); held through Vietrof Solar Pte. Ltd
Chesterfield Vietnam Co., Ltd(b)Proportion of ownership interestPDF p. 92	Developer, owner and operator of renewable energy assets; Vietnam; 100% (2025), 100% (2024); held through Vietrof Solar Pte. Ltd
Can Sports Green Energy Co., Ltd.(c)Proportion of ownership interestPDF p. 92	Developer, owner and operator of renewable energy assets; Vietnam; 100% (2025), 100% (2024); held through Vietrof Renewable Energy Co., Ltd.
Phu Luc Green Energy Co., Ltd.(c)Proportion of ownership interestPDF p. 92	Developer, owner and operator of renewable energy assets; Vietnam; 100% (2025), 100% (2024); held through Vietrof Renewable Energy Co., Ltd.
PT Metis Solar Energi(c)Proportion of ownership interestPDF p. 92	Operations and maintenance of electrical installation; Indonesia; 95% (2025), 95% (2024); held through Metis Solar (Indonesia) Pte. Ltd.
PT Power Kariangau Kalimantan (c)Proportion of ownership interestPDF p. 92	Operations and maintenance of electrical installation; Indonesia; 95% (2025), 95% (2024); held through Metis Solar (Indonesia) Pte. Ltd.
Metis Gunsynd Holdings Pty Ltd(b)Proportion of ownership interestPDF p. 93	Investment holding; Australia; 100% (2025), 100% (2024); held through Metis Australia Investment Pte. Ltd.
Gunsynd BESS Pty Ltd(c)Proportion of ownership interestPDF p. 93	Developer, owner and operator of renewable energy assets; Australia; 100% (2025), 100% (2024); held through Metis Australia Investment Pte. Ltd.
Progressive Renewable Development Gunsynd Pty Ltd(b)Proportion of ownership interestPDF p. 93	Developer, owner and operator of renewable energy assets; Australia; 100% (2025), 100% (2024); held through Metis Gunsynd Holdings Pty Ltd
Gunsynd Solar Farm Project Trust(c)Proportion of ownership interestPDF p. 93	Developer, owner and operator of renewable energy assets; Australia; 100% (2025), 100% (2024); held through Metis Gunsynd Holdings Pty Ltd

Ownership interests and geographic information follow the annual report. Comparative years and footnote markers retain the report’s notation.

Senior executives

Key management

Key management

Item	Value	Period / scope	Source
Alvin Neo	Chief Financial Officer	Key management	PDF p. 7

Extracted from ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.

Shareholding statistics

Share capital & shareholders

Share capital

Item	Value	Period / scope	Source
SHARE CAPITAL	$256,430,185.64	Company · As at 2026-03-16	PDF p. 125
NUMBER OF SHARES	3,033,325,330 shares	Company · As at 2026-03-16	PDF p. 125
CLASS OF SHARES	ORDINARY SHARES	Company · As at 2026-03-16	PDF p. 125
VOTING RIGHTS	ONE VOTE PER SHARE	Company · As at 2026-03-16	PDF p. 125

Treasury shares

Item	Value	Period / scope	Source
NUMBER OF TREASURY SHARES	NIL	Company · As at 2026-03-16	PDF p. 125

Shareholding distribution

Item	Value	Period / scope	Source
TOTAL	1,143 shareholders	Total number of shareholders · As at 2026-03-16	PDF p. 125
1 – 99	5 shareholders; 0.44%; 221 shares; 0.00%	Size band 1 – 99 · As at 2026-03-16	PDF p. 125
100 – 1,000	118 shareholders; 10.32%; 96,600 shares; 0.00%	Size band 100 – 1,000 · As at 2026-03-16	PDF p. 125
1,001 – 10,000	383 shareholders; 33.51%; 2,125,479 shares; 0.07%	Size band 1,001 – 10,000 · As at 2026-03-16	PDF p. 125
10,001 – 1,000,000	585 shareholders; 51.18%; 68,175,855 shares; 2.25%	Size band 10,001 – 1,000,000 · As at 2026-03-16	PDF p. 125
1,000,001 & ABOVE	52 shareholders; 4.55%; 2,962,927,175 shares; 97.68%	Size band 1,000,001 & ABOVE · As at 2026-03-16	PDF p. 125

Free float

Item	Value	Period / scope	Source
PERCENTAGE OF SHAREHOLDINGS IN HANDS OF THE PUBLIC	Approximately, 18.49% of the Company’s shares are held in the hands of the public.	Company · As at 2026-03-16	PDF p. 126
PERCENTAGE OF SHAREHOLDINGS IN HANDS OF THE PUBLIC	Accordingly, the Company has compiled with Rule 723 of the Listing Manual of the SGX-ST.	Company · As at 2026-03-16	PDF p. 126

Extracted from ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.

Related parties, people & properties

Other disclosures

Related party transactions

Item	Value	Period / scope	Source
Lease of office premises	(216) S$'000	KaiYi Investment Pte. Ltd.; IPTs under shareholders' mandate pursuant to Rule 920 (excluding transactions less than S$100,000); FY2025	PDF p. 50
Interest expenses	(375) S$'000	KaiYi Investment Pte. Ltd.; aggregate IPTs excluding transactions under shareholders' mandate and below S$100,000; FY2025	PDF p. 50
Interest expenses	(2,791) S$'000	Onward Capital Pte. Ltd.; aggregate IPTs excluding transactions under shareholders' mandate and below S$100,000; FY2025	PDF p. 50
– Interest expense	(3,166) $'000	Group, 2025 (comparative 2024: (3,011))	PDF p. 100
– Commercial property lease expense	(216) $'000	Group, 2025 (comparative 2024: (216))	PDF p. 100

Contingent liabilities

Item	Value	Period / scope	Source
Financial support	The Company has committed to provide continuing financial support to certain of its subsidiaries to enable them to operate as going concerns.	Company	PDF p. 100

Director remuneration

Item	Value	Period / scope	Source
Directors' fees	(593) $'000	Group, 2025 (comparative 2024: (597))	PDF p. 100

Employees

Item	Value	Period / scope	Source
Total	34 number of employees	Group, by age group, 2025 (2024: 51)	PDF p. 15

Subsequent events

Item	Value	Period / scope	Source
Subsequent events	On 3 March 2026, the Company’s wholly owned subsidiary, Vietrof Solar Vietnam Company Limited entered into facility agreement with a bank for a principal amount of S$6,633,000 (approximately VND 126,253,000,000) and has a loan tenure of nine years.	Group	PDF p. 124
Subsequent events	On 26 March 2026, the Company entered into a second amendment deed (“Second Amendment Deed”) with Onward Capital Pte. Ltd.	Company	PDF p. 124

Extracted from ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.

Source: ANNUAL REPORT 2025 ↗

Corporate information

Registration & contacts

Incorporated In: SINGAPORE
Incorporated On: 28 Dec 1990
Email: [email protected]
Telephone: 65 63450777
Fax: 65 63420777
Registered Office: 133 New Bridge Road
#18-01/02 Chinatown Point
Singapore 059413
Secretary: Kwang Yeit Lam Madelyn
Registrar / Transfer Agent: B.A.C.S. PRIVATE LIMITED
Registrar Address: 77 Robinson Road, #06-03 Robinson 77, Singapore 068896
Auditors: ERNST & YOUNG LLP
Other Stock Exchange Listings: *SINGAPORE EXCHANGE LTD.
Country: SINGAPORE
Security Type: stocks