- CEO
- Swee Cheng Teo
- Full Time Employees
- 252
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- 85 Tagore Lane Singapore Singapore 787527
- IPO Date
- Dec 11, 2017
- Business
- Solis Holdings Limited (2227.HK), an investment holding company, operates as a design-and-build mechanical and electrical engineering contractor in Singapore, specializing in the design, building, and installation of M&E systems for new developments and major additions and alterations works. The company provides electrical-based systems including switchboards, switchgears with circuit breakers, meters, protection devices, cables, and cable boxes; standby generator systems and fuel tanks; cabling systems; circuit wiring for lighting; lighting systems encompassing light fittings, emergency lighting, and building facade lighting; ceiling and wall fans with switches, regulators, and switch devices; power supply systems for CCTV, security access control, and public address systems; telephone cabling systems with cables, conduits, accessories, and equipment; information technology systems including cabling for servers and data outlets; car parking systems with microprocessor-controlled entry and exit points, cash card readers, and data communication; security systems such as contactless card readers, door controlling, and emergency breakglass systems; CATV systems; and lightning protection systems; as well as subcontracted works for air-conditioning systems comprising units, refrigerant pipework, drainage, insulation, and fittings; mechanical ventilation systems including exhaust air fans; and fire protection systems featuring fire alarm panels, heat detectors, fire sprinklers, hosereels, hydrant systems, and clean gas total flooding systems. It serves private residential, mixed residential, commercial developments, and institutional buildings primarily in Singapore. Founded in 1983 and headquartered at 85 Tagore Lane, Singapore 787527, Solis Holdings Limited is a subsidiary of HMK Investment Holdings Limited and was listed on the Main Board of The Stock Exchange of Hong Kong Limited in December 2017.
In recent developments, the company has pursued a strategy to diversify its investment portfolio beyond core engineering operations by making multiple discloseable acquisitions of perpetual bonds on the open market, including Bond A issued by STT GDC Pte. Ltd. (5.70% coupon, acquired January 2024 for S$509,093), Bond B issued by ESR-REIT (6.00% coupon, acquired July 2024 for S$505,336), Bond C guaranteed by CK Asset Holdings Limited (3.38% coupon, acquired September 2024 for S$559,688), a bond issued by Wee Hur Holdings Ltd. (acquired November 2025 for S$750,000), a bond issued by SNB Funding (3.40% coupon, acquired December 2025 for S$1,003,000), and additional bonds totaling approximately HK$9.3 million across 2024 transactions, all financed from internal resources to generate stable returns at acceptable risk levels while broadening revenue streams. These investments, each exceeding 5% but below 25% of applicable thresholds under HKEX Listing Rules, prompted announcements addressing initial reporting delays, with remedial actions including enhanced internal reviews and compliance training. For the six months ended 30 June 2025, the group reported revenue growth of 51.8% to S$8.5 million driven by higher construction activities, alongside a profit of S$1.7 million versus a prior-year loss, though gross profit margins contracted amid no interim dividend declaration.