Aquabest the country's premier
water franchise has landed agreements to supply water to tenants of select SM
Malls.
To date the company would be
supplying the water requirements of mall tenants in 24 SM malls which include
SM North Edsa and SM Fairview. It is also set to supply to other SM malls all
over Luzon and Cagayan de Oro in the coming months. "We are pleased with
the supply contracts we signed since they would not only benefit our company
but also our franchisees to whom we are farming out part of the mall's supply
requirements. We look at this development as a vote of confidence in our
strategy of delivering the best quality product with added value for our
customers" says Carson Tan the company's CEO.
To meet its supply commitments
the company is opening strategically located production facilities in Metro
Manila some of which are housed in SMDC property developments. Some of these
new company owned facilities are located in SM Sea and SM Blue Residences. Part
of the supply requirements would also be allocated to its franchisees.
The company is making a push
towards institutional and corporate accounts as it seeks to expand its market
share. Apart from SM malls, the company also has existing supply contracts with
Globe Telecom, Ali Makati Hotel Property Inc. (Fairmont), PMFTC (Fortune),
Loreal, Radio Mindanao Network, Shell Depot, and Ajinomoto.
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