Metis, formerly Manhattan Resources, reiterates future in renewables

METIS Energy, the company formerly known as Manhattan Resources, believes that it can chart a new direction with renewable energy projects in markets such as Indonesia, the Philippines and Bangladesh. Its management has “sufficient expertise and resources” to evaluate investments in these countries, the watch-listed company said in response to queries from the Securities Investors…

Manhattan Resources to acquire renewable energy company Athena Energy

MANHATTAN Resources has entered into a sale and purchase agreement with renewable energy platform Athena Energy in a bid to augment its power business. The mainboard-listed coal-shipping group will purchase Athena for a consideration of S$4.8 million, with S$4.3 million to be paid in cash and the remaining S$553,700 in new ordinary shares. The shares…