July 22, 2014 11:40 AM ET

Food Products

Company Overview of Asiawide Refreshments Corp.

Company Overview

Asiawide Refreshments Corp. manufactures beverages including soft drinks. The company is based in Quezon City, Philippines. As per the transaction announced on January 2, 2014, Asiawide Refreshments Corp. operates as a subsidiary of ARC Refreshments Corporation.

84 Solmac Bldg.

Banaue cor Dapitan St.

Quezon City,  1115

Philippines

Phone:

63 732 4185

Fax:

63 712 0677

Key Executives for Asiawide Refreshments Corp.

Asiawide Refreshments Corp. does not have any Key Executives recorded.

Asiawide Refreshments Corp. Key Developments

ASIAWIDE Refreshments Corp. to Expand its Operations to Two Southeast Asian Markets in 2014

ASIAWIDE Refreshments Corp. is expanding its operations to two Southeast Asian markets in 2014. The company has expansion plans in Thailand and Myanmar wherein the company is going to build a plant in each country. The plants will have an annual capacity of 25 million cases each.

Asiawide Refreshments Eyes Listing Early Next Year

The businessman Alfredo M. Yao is looking to list Asiawide Refreshments Corp., via a shell company it acquired in September 2013, the former ambassador said on October 21, 2013. Speaking to reporters on the sidelines of the 39th Philippine Business Conference & Expo in Manila, Yao said he preferred to list soda maker Asiawide Refreshments Corp. through Maybank ATR Kim Eng Financial Corp. “Most probably the carbonated [business] -- it has a better market,” Yao said asked which firm will be listed via backdoor mode using MAKFC. He said funds to be raised could be used for Asiawide’s Southeast Asian expansion.

ARC Mulls IPO

Asiawide Refreshments Corp. (ARC) is planning to launch an initial public offering (IPO) in 2013, to expand its manufacturing and distribution facilities both at home and abroad, ARC’s Chairman, Alfredo M. Yao said. “RC (Cola) first, then Zest-O (Corp.). Planning (for the initial public offering) is ongoing. Hopefully it will happen this year,” Alfredo said. "At least 30% will be offered to the public. I still have to convince my other shareholders, [who are few], three or four guys only," Yao said of the planned public offering. ARC's planned IPO could be handled by First Metro Investment Corp. and SB Capital Investment Corp.

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Recent Private Companies Transactions

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