About

Some text

Milestones

September 2013

Maybank Kim Eng Holdings Limited (“MKEH”) and Mazy’s Capital, Inc. (“MCI”) concluded a sale and purchase agreement dated September 24, 2013. The transaction is the sale by MKEH and purchase by MCI of 958.92 million common shares, equivalent to 89.75% stake of the locally listed firm Maybank ATR Kim Eng Financial Corporation (“MAKE”).

October 2013

The majority ownership of MAKE was acquired on 25 October 2013 by MCI to serve as the vehicle for the consolidation of various businesses engaged in soft drinks bottling, distribution and sales. 

December 2013

Macay incorporated and capitalized ARC Refreshments Corporation (“ARC”) on the 4th of December 2013 as a wholly owned subsidiary to serve as the vehicle for the consolidation of various assets involved in soft drinks production, bottling, marketing and distribution.

On December 27, 2013, ARC, through its Board of Directors, approved the acquisition of the operating assets of Mega Asia Bottling Corporation and Asiawide Refreshments Corporation.

January 2014

On 27 January 2014, the Securities and Exchange Commission approved the change in corporate name of the Corporation from Maybank ATR Kim Eng Financial Corporation to Macay Holdings, Inc.

ARC executed Asset Purchase Agreements with Asiawide Refreshments Corporation and Mega Asia Bottling Corporation on January 30, 2014.

February 2014

Philippine Stock Exchange advised the change in the Corporation’s name from "Maybank ATR Kim Eng Financial Corporation" to "Macay Holdings, Inc." and stock symbol from "MAKE" to "MACAY" will be reflected on the Exchange’s trading system effective February 12, 2014.

ARC commenced operations.

Board of Directors and Management Team

BOARD OF DIRECTORS

ALFREDO M. YAO      Chairman of the Board
ARMANDO M. YAO Director
ANTONIO I. PANAJON Director
FERNANDO R. BALATBAT  Director
JEFFREY S. YAO  Director
CAROLYN S. YAO Director
MARY GRACE S. YAO  Director
ALBERT S. TORIBIO Director
ROBERTO A. ATENDIDO  Director
GERARDO T. GARCIA  Director
RINALDI C. AVES Director
JESUS G. GALLEGOS, JR. Independent Director
ROBERTO F. ANONAS, JR. Independent Director

MANAGEMENT TEAM 

ANTONIO I. PANAJON President
FERNANDO R. BALATBAT  Treasurer
JEFFREY S. YAO Vice President
GABRIEL  A. DEE Corporate Secretary
ANDREA J. PAMA Marketing & Business Development Director
NICOLE R. JAYME
Business Development Director & 
Investor Relations Officer