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April 28, 2020 8:23 am  

Macay Holdings, Inc. (MACAY), formerly Maybank ATR Kim Eng Financial Corporation (MAKE), was incorporated on October 16, 1930 as an investment holding company focused primarily on financial services. MACAY serves as an investment holding company while the subsidiaries handle the day-to-day operations of the business.

The Company's subsidiary, ARC Refreshments Corporation (ARC), is engaged in the business of trading of goods such as beverages on wholesale basis and to operate and maintain the business of bottling, distribution, marketing and sales of "RC Cola"; "RC Cola No Sugar"; "Fruit Soda Orange"; "Juicy Lemon"; "Arcy's Rootbeer"; "Seetrus"; and "Rite-N-Lite". ARC is also engaged in toll manufacturing and bottling "Extra Joss" for Asiawide Kalbe Philippines, Inc. MACAY, through ARC, operates nine bottling plants in various locations throughout the country.

On August 15, 2015, MACAY acquired 100% of ARC Holdings Inc. (ARCHI) from the Yao family to serve as an investment holding company. ARCHI has a concentrate supply agreement and trademark licensing agreement with Royal Crown Cola International.