Macay Holdings, Inc. (MACAY)

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1. Company Information
Company Name	Macay Holdings, Inc. (MACAY)
Sector	Industrial		Incorporation Date		Oct 16, 1930
Subsector	Food, Beverage & Tobacco		Number of employees		1,180 (Group Total)
Board of Directors	Chairman: Alfredo M. Yao
Website / E-mail	http://www.macayholdings.com.ph / investor.relations@macayholdings.com.ph
2. Stock Information
Total Assets	9,653,046,921	Market Capitalization		22,436,257,683.00
Total Liabilities	2,654,996,213	Outstanding Shares		1,068,393,223
Retained Earnings	4,499,737,601	Listed Shares		1,068,393,223
Listing Date	Jan 28, 1987	Issued Shares		1,068,393,223
Board Lot	100	Free Float Level (%)		10.24%
Par Value	1.00	Foreign Ownership Limit		100%
3. Major Stock Holders (common shares)
MAZY'S CAPITAL, INC.				89.76%
4. Company Descriptions and Business Development
Notes 1. Mazy's Capital, Inc. ("MCI") owned by Zest-O Corporation (57.14%) and Mega Asia Bottling Corporation (42.86%). 2. Alfredo M. Yao is the chairman Emeritus of Philippine Business Bank (PBB, a listed company), chairman of Zest-O Corporation. He also has interests in Zest Airways. 3. Armando M. Yao is the brother of Alfredo M. Yao.  Jeffrey S. Yao, Carolyn S. Yao and Mary Grace S. Yao are the children of Alfredo M. Yao.
Overview It’s Yao Family’s investment holding company. Through its subsidiaries, it’s engaged in beverage business. Its product lines include RC Cola, Fruit Soda Orange and Juicy Lemon. Business It has only one operating division, manufacturing and trading of beverages, which is its primary activity. It recorded P11,374 millions of revenue and P1,896 millions of net income in 2016. Subsidiaries / Associates / Affiliates / Joint Ventures ARC Refreshments Corporation ("ARC", 100%) is currently one of the major bottlers and manufacturers of carbonated soft drinks in the Philippines. ARC Holdings, Inc. ("ARCHI", 100%) has the Concentrate Supply Agreement ("CSA") and the Trademark Licensing Agreement ("TLA") with Royal Crown Cola International ("RCCI").