SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Jan 12, 2017

2. SEC Identification Number

PW998

3. BIR Tax Identification No.

000-410-269-000

4. Exact name of issuer as specified in its charter

MACAY HOLDINGS, INC.

5. Province, country or other jurisdiction of incorporation

METRO MANILA PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

137 YAKAL STREET MAKATI CITY 1203 Postal Code 1203

8. Issuer's telephone number, including area code

893-0733

9. Former name or former address, if changed since last report

-

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON	1,068,393,223

11. Indicate the item numbers reported herein

N/A

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Macay Holdings, Inc.MACAY

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Clarification on News Article posted by BusinessWorld (Internet Edition) on January 12, 2017

Source	BusinessWorld (Internet Edition)
Subject of News Report	Macay dusts off planned $200-M share sale
Date of Publication	Jan 12, 2017

Clarification of News Report
We write with regards to your request for clarification on the news article entitled “Macay dusts off planned $200-M share sale” posted on BusinessWorld (Internet Edition) on January 12, 2017. The article reported in part that: “SOFTDRINKS bottler Macay Holdings, Inc. of Alfredo M. Yao plans to revive a $200-million share sale while tweaking the terms of the offer. ‘Yes, that’s the plan,’ Mr. Yao, chairman of Macay, said in an interview on the sidelines of the Annual Reception for the Banking Community in Pasay City when asked if he is pushing through with an aborted secondary offer of the holding firm’s shares. There will be changes to the terms of the share sale, Mr. Yao said. It will now be composed of primary and secondary shares instead of an initial plan involving its main shareholder Mazy’s Capital, Inc. paring down its stake to boost liquidity of the stock. ‘It’s a mixture of primary and secondary (shares). Unlike before na all global, now we will also have a local component,’ Mr. Yao said, adding that he hopes the share sale can be conducted within this quarter ‘because we have the yearend audited financial statement.’ . . . .” Macay Holdings, Inc. (“Macay”) wishes to issue this clarification: As part of its vision to be a dominant company in consumer products and services in the Philippines and in other Asian countries the company has been scouting for acquisitions and partners that will allow the company to expand and therefore has remained open to some investment proposals by third parties to improve its liquidity and has not closed its doors to the option of raising capital and this depends on timing and favourable market conditions. These plans are preliminary and will still need Macay's Board approval. We trust that the foregoing clarifies the matter.
Other Relevant Information
n/a