The Company's Business Operations

Metro Global Holdings Corporation (the “Company”) is a holding company engaged in property and infrastructure development, and in development of renewable energy through solar farms, wind farms, waste-to-energy and other energy projects.

The Company has investments in Metro Rail Transit Holdings I and Metro Rail Transit Holdings II – parent company of Metro Rail Transit Corporation (MRTC), thus, resulting in an indirect 29% equity interest in MRTC. The Company has 28.47% direct equity interest in Monumento Rail TransitCorporation and 15.79% direct equity interest in MRT Development Corporation.

The following are the subsidiaries of the Company:

1. MGHC Royal Holdings Corporation (MGHC Royal – 99% owned) incorporated on May 19, 2017, is engage in the business to invest or purchase, otherwise acquire, and own, hold, use, sell, assign, transfer, pledge, exchange, or otherwise dispose of real and personal property of every kind and description.


2. Metro Renewable Transport Solutions, Inc. (MRTSI – 100% owned) incorporated on August 25, 2020, engage in infrastructure development or providing services in relation with and in connection thereto, including but not limited to the construction of whatever kind and nature and for whatever purpose, buildings, needs, bridges, railways, ports, highways and other passages and facilities for transportation and communication.


3. Metro Solar Power Solutions, Inc. (MSPSI – 100% owned) incorporated on September 28, 2016, engage to construct, erect, assemble, commission and maintain power-generating plants and related facilities for the conversion of renewable energy into usable form fit for electricity generation and distribution to engage in generalconstruction and other allied business such as procuring; to perform other ancillary and incidental activities as may be provided by and under contract with the Government of the Republic of the Philippines, or any subdivision, instrumentality or agency thereof, or any government-owned and controlled corporation, or other entity engaged in the development supply and distribution of renewable energ; and to enter into contracts and arrangement every kind and description, either alone or jointly with any other corporations or persons for purpose of carrying out all business under which this corporation is organized.

The business activities of the Company mainly arise from its investments in the equity of the MRTH I and MRTH II. Hence, the Company has no principal products or services, nor does it derive revenues or sales from any products or services. No part of the Company’s revenues or income has been derived from any foreign sales. Corollary, the Company has no requirement for any distribution methods that would otherwise be needed for any products or services.