Metro Alliance Holdings & Equities, Corp. (MAH), formerly Marsman & Company, Inc. was established in 1929 as a management and trading company. It diversified into pharmaceutical and food products distribution in 1940 by acquiring the businesses of the Pacific Commercial Company and the Insular Drug Company. In 1993, Zuellig lnchcape, Inc. was incorporated as a Marsman subsidiary, and Zuellig Distributors, Inc. was acquired from the Zuellig Corporation. In 1995, Marsman acquired Metro Drug Distribution, Inc. from Metro Pacific Corporation. In 2000, the Company completely divested of its holdings in Metro Drug, Inc. (33.13%) and JDH-Zuellig (Philippines), Inc. (20%). During the year, MAH invested in 34.6% of Mabuhay Vinyl Corporation (MVC) and 60% of Asia Health, Inc. (AHI). MAH is a holding company with investments in subsidiaries and affiliates whose products range from services such as third-party logistics and pharmacy benefits management, to chemical products. Source: SEC Form 17-A