Background
Meta Corporation Public Company Limited (the ‘Company’ or ‘META’), previously known as Vintage Engineering Public Company Limited, was established under the name “Vintage Technology Company Limited” on May 25, 1992 with the primary objective of being a contractor to setup electrical and communication systems for buildings. In 2004, the Company changed its corporate name to Vintage Engineering Company Limited and expanded the scope of business into setting up mechanical, air-conditioning systems and providing engineering maintenance service for buildings over the following years.
The Company has been listed as a public company under Stock Exchange of Thailand’s Market for Alternative Investments (MAI) since March 9, 2011. The Company is a full-scale Mechanical and Electrical (M&E) contractor for high rise buildings such as office, residential, commercial, and industrial buildings which specializes in mid-sized construction projects for both public and private sectors.
The Company has registered the change in its name with Departure of Business Development (“DBD”) on May 7, 2018 and officially changed its corporate name from Vintage Engineering Company Limited to Meta Corporation Public Company Limited on May 16, 2018.
Currently, the Company’s focus is to act as a contractor and developer of renewable energy power plants in Asia through its subsidiaries, which provide engineering, procurement, and construction services for medium-to-large sized projects, depending on the type of businesses as follows:
- Engineering & Construction Business
- Power Plant Development Business
- Joint Venture
- Other businesses
Timeline
- 1992
- 2004
- 2011
- 2013
- 2015
- 2016
- 2017
- 2018
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Establishment
Established under the name “Vintage Technology Company Limited” with the purpose of being a contractor to setup electrical and communication systems for buildings.
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Expansion
• Changed the corporate name to Vintage Engineering Company Limited on December 20, 2004.
• Expanded the scope of business into setting up plumbing and sanitation system for buildings as well as air-conditioning and ventilation
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Public Company
The Company has been listed as a public company under Stock Exchange of Thailand’s Market for Alternative Investments (MAI) since March 9, 2011.
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Expansion into Energy sector
The Company has expanded into the coal mining business by investing and entering into exclusive marketing rights for coal mines in Indonesia.
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Initiation of Power Plant Development Business
After the new management members joined, the Company has changed its strategy by expanding its scope of operations into renewable energy industry which diversifies the risks and supports the earnings outlook of the Company in the long run.
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TURNAROUND !
• Established Vintage EPC Company Limited and VTE International Construction Company Limited in order to support Off-shore and On-shore EPC of the 25.56MW Solar Power Project in Biliran, the Philippines and 220 MW Solar Power Project in Minbu, Myanmar.
• The Company started to recognize revenues from the construction of solar power plants in the Philippines and Myanmar through its subsidiaries. As a result, the Company successfully completed its turnaround with the highest annual revenue and net income since establishment.
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Start of Construction of Phase I 50MW Minbu Solar Power Plant
Start of Construction of Phase I 50MW Minbu Solar Power Plant with a total capacity of 220 MW Solar Power Project in Minbu, Myanmar
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The Beginning of META
The Company has registered the change in its name with Departure of Business Development (“DBD”) on May 7, 2018 and officially changed its corporate name from Vintage Engineering Company Limited to Meta Corporation Public Company Limited on May 16, 2018 to reflect its new image and create investors’ confidence.