AQUABEST ANNOUNCES NEW BATCH OF SCHOLARS

Press release

Aquabest the country’s leading water franchise is pleased to announce the awarding of its new batch of scholars under its Corporate Shared Values (CSV) program.

Under its CSV program the company offers scholarships to the children of its deserving employees. The company has always placed an emphasis in the welfare of its employees and their families. This is driven by the company's realization that its people are its prime assets and as part of its Christian values. 

 Every year the company sets aside funds to help with the education of its employees in good schools that offer quality education. With the scholarship grants, the children of its employees get to realize their dreams and reach their full potential. 

Since its inception the scholarship program has assisted dozens of children in getting the good education needed to succeed in their life. This year's scholars are: Aletheia Arellano, Grade 3 at Greenfield Academy, Danica Marie Boton, Grade 10 at Fortunato Halili National Agricultural School, Jianne Rhed Catapia, Grade 4 at PBTS Academy, Mabhe Dimple Esguerra, Grade 3 at Saint Jude Academy of Quezon City, Samantha Siervo, 2^nd year at Mary the Queen College, and Scarleth Jane Cayetano, Grade 3 at Merry Mount Preparatory School of Quezon City.

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AQUABEST TO LAUNCH NEW STORE FORMAT IN FRANCHISE ASIA

Press release

Aquabest, the country’s leading water refilling franchise is poised to launch its new condominium store format at the upcoming 2015 Franchise Asia Philippines.

The company is a long-time member of the Philippine Franchise Association and is considered to be among the leading players in the water franchising industry. The company recently developed a new condominium centric store format in response to the changing trends in the market.

The company recently opened two condominium based stores in SMDC developments namely SM Sea Residences and SM Blue Residences. These stores have a combined water station and laundromat setup.

Compared to conventional Aquabest stores the condominium store format has a larger floor area and has an increased emphasis on the laundry business. Prospective franchisees also have reduced delivery expenses since there is a large captive market available in the respective developments that house the stores.

The company has launched the new store format in response to the changing market trends. The strong growth of the Philippine property market has fuelled the growth of high density high rise vertical developments which has transformed the market.

AQUABEST POISED TO OPEN SECOND CONDO BASED STORE

Press release

Aquabest the country’s premier water refilling franchise is poised to continue its expansion with the opening of its second condominium based water station.

The store located at the SM Blue Residences condominium complex in Katipunan, Quezon City is part of the company’s efforts to tap emerging communities brought about by the robust growth of the property sector. The company intends to open stores in other vertical developments all over Metro Manila.

The company says that the store is slated to open on March 2015 with a program aimed at increasing consumer awareness on the importance of clean water. The company will also launch promos and other activities such as mascot performances and motorcades meant to increase the public’s awareness on its new store.

Paul Tan, Aquabest’s Assistant Vice President for Operations says the company is very bullish on its prospects in the market as the issue of water safety and quality becomes more and more important. The continued growth in population especially in cities have taxed existing water pipelines giving rise to renewed concerns over water safety and quality in Metro Manila.

AQUABEST LANDS SUPPLY AGREEMENT WITH SELECT SM MALLS

Press Release

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.

SMART and Aquabest seal partnership agreement

Smart and Aquabest have signed an agreement for Smart to provide communications solutions to Aquabest franchisees. Signing the agreement are (L to R) Paul Tan Aquabest AVP -  Operations, Carson Tan Aquabest President/CEO, Ian Glen Asuzano Senior Manager Corporate Sales Acquisition, and Arwin Malimban Account Manager for SMART Retail Sales-NCR.