South Water to offer regular shares to public

South Waters Marina, Country Club and Farm Inc., probably the only ecotourism proprietary membership club in Asia, has started offering regular shares to interested investors after successfully selling 300 pioneer shares in record time last year.

Jose L. Morato, South Waters president, said the pioneer shares were sold by PLC Holdings Inc., exclusive marketing manager of South Waters, by invitation only to friends of the club's founding members starting August last year.

After the initial invitational shares were sold out, Morato said he and PLC Holdings chairman Paul Collingz decided it is now time to offer regular shares to other friends.

South Waters is in a delta and is a triangular island in Tayabas Bay just 60 meters away from mainland Lucena City. Through its private pier and ferry, the island can be reached via a romantic boat ride in just five minutes, landing in South Waters' waterfront bayside.

The 24-hectare private country club has its own aquaculture farms that produces all sorts of seafood like crabs, oysters, Pacific prawns, shrimps and a wide variety of fish that are served fresh in the club's restaurant.

Morato said the club produces such a big volume of aquaculture products that they are able to sell their excess production in the local market, providing not only considerable income for the club's maintenance and operations but most especially contributing greatly to the country's food security program.

Collingz said the club has beautiful facilities such as a main clubhouse which houses a sports lounge, dining area, a game room and a honeymoon suite; family cabanas; and comfortable suites with a view of the large swimming pool with jacuzzi and Tayabas Bay itself as well as the majestic Mt. Banahaw. The facilities, including a world-class tennis court, are now being expanded.

For further details, interested parties may get in touch with PLC Holdings at tel. 656-6803 and 660-6133.