SM Blue Residences condominium complex in Katipunan

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.

AQUABEST POISED TO OPEN SECOND CONDO BASED STORE

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.

Tuesday, February 24, 2015 | Labels: , | 0 Comments  

On Justice and Good Faith

The dates below show the timeline about the case between BCDA vs CJHDevCo.

 On June 2014, Pasay City Regional Trial Court has cleared Camp John Hay Development Corporation Chair and CEO Robert Sobrepeña of estafa case. It was recorded by the Department of Justice (DOJ).

 On December 19, 2014, a 7-page request which the Department of Justice got, Pedro Gutierrez, Pasay RTC Branch 119 Judge, denied the advancement to reconsider the completion of the case as recorded by the association prosecutors in light of a true blue sympathy toward Bases Conversion Development Authority that sued Sobrepeña by neglect to satisfy an insurance on the lease understanding he stamped.

 And on February 11 2015, the arbitral tribunal issued its Award in the arbitration between CJH Development Corporation (“CJHDevCo”) and the Bases Conversion and Development Authority (“BCDA”).

 Baguio is a very attractive place, it's beautiful. Now what do you think will be the outcome once the decision has been granted to case.

 Whatever it is, it must be accepted with all their good faith for the benefit of the public.

 In the Award, BCDA was requested to come back to CJHDevCo roughly Php1.42 Billion in rentals that it had paid to the BCDA. 

 And CJHDevCo was coordinated to abandon the Leased Property and turn it over to the BCDA, with all upgrades that CJHDevCO had presented in that amid the term of the lease. 
In the meantime, neither party can implement the Award, without an order confirming the same and a writ of execution being issued by the court. The writ of preliminary injunction enjoining the BCDA from taking over Camp John Hay remains in full force and effect unless the court orders.

The BCDA is additionally completely mindful that the different properties inside the camp were sub-let to different outsiders in accordance with some basic honesty. 

The BCDA is, actually, in ownership of the different contracts covering these properties and has never raised any protest to them.


With the issuance of this Award, both parties must act in good faith and with due regard for the rights and interests of innocent third parties who are not involved in the dispute between CJHDevCo and the BCDA. 

Tuesday, February 24, 2015 | Labels: , , , | 0 Comments  

Good Things To Accept

In 2014, the Pasay City Regional Trial Court has cleared Camp John Hay Development Corporation Chair and CEO Robert Sobrepeña of estafa case recorded by the Department of Justice (DOJ).

The issue developed as a delayed consequence of Bases Conversion Development Authority (BCDA) blaming Robert Sobrepeña for fail to comply with his rental portions for quite a while inside the year 1998 - 2000 signifying 1.5 Billion pesos of owed portion.

After quite a while of holding up, there is currently a choice that must be emulated.

An arbitration board looking to determine a disagreement about Camp John Hay has requested the Sobrepena group to give back where its due U.S. military camp to the Philippine government.

In an announcement, Bases Conversion and Development Authority (BCDA) said the assertion board in a choice dated February 11, 2015 requested Sobrepena-possessed Camp John Hay Development Corporation (CJHDevCo) to abandon the previous army installation turned financial zone.

For BCDA president and CEO Arnel Paciano D. Casanova this as a triumph for government. At last it will be returned and it can now be created for the profit of general society.

Is the Battle Between BCDA and CJHDevCo over?

In the honor, BCDA was asked for to return to CJHDevCo generally Php1.42 Billion in rentals that it had paid to the BCDA.

Thusly, CJHDevCo was composed to purge the Leased Property and turn it over to BCDA with all progressions that CJHDevCO had displayed in that amid the term of the lease.

Since BCDA is moving ahead with CJHDEVCO's vision for Camp John Hay which is to be the fundamental eco-tourism destination in North Luzon and continue with the change of the Camp with the affirmation of the trees and the earth as a top need, then it must be a period for a new beginning.

It must be for the good benefit of public.

Tuesday, February 17, 2015 | Labels: , | 0 Comments  

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