Fiji Time: 6:45 AM on Wednesday 18 October

Fiji Times Logo

/ Front page / Business

Company raises capital

Filipe Naigulevu
Friday, August 11, 2017

WITH the global surge in demand for bottled water, a US-based company which bottles Fijian natural spring water is looking at a different approach to meet the growing competition.

The company, 480 Holdings Ltd, met investors last week in San Francisco to present and discuss plans for a socially responsible, premium bottled spring water brand named Yaqara Waterâ„¢ ("Yaqara").

The event was also aimed at continuing to raise capital for 480 Holdings.

480 Holdings Ltd in 2015 had commenced with the groundwork of a multimillion-dollar mineral water-bottling factory in the interior of Ra.

The project, which commenced in 2010, will see a mineral water-bottling company in the Yaqara valley near Nananu Village.

According to a statement sent from US Capital Partners a number of investors were curious as to how the company is going to differentiate its offering from other bottled water companies.

This includes the strong competition from premium water brands including the famous Fiji Waterâ„¢, and how 480 Holdings Ltd proposes to improve the lives of the local population.

"A lively discussion ensued with probing questions posed to the 480 Holdings team, including founder Bob Bishop, chief executive officer Patrick Scanlon, chief marketing officer Ed Gawronski, chief financial officer Gobind Khalsa and board member Brian Sudano," the statement read.

The company also unveiled the design of their bottled water product at the event.








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.62160.6026
JPY 56.274453.2744
GBP 0.37320.3652
EUR 0.42070.4087
NZD 0.69850.6655
AUD 0.63540.6104
USD 0.49810.4811

from

$0.00

Exchange Rate updated on 17th, October, 2017

Today's Most Read Stories

  1. Man allegedly hit by bulldozer blade, dead
  2. Faith, a true survivor against all odds
  3. Bati visits Ra villages
  4. 11 vye for Miss Fiji crown
  5. Fiji Airways to ground aircraft until cleared to fly
  6. 'Let's bring it to life'
  7. Full force for polls
  8. Affordable housing
  9. NCDs' shocking stats
  10. Health audit

Top Stories this Week

  1. 30 officers dismissed from force Friday (13 Oct)
  2. Final in mind Monday (16 Oct)
  3. Man allegedly hit by bulldozer blade, dead Tuesday (17 Oct)
  4. 'Hell on Earth' Thursday (12 Oct)
  5. Cyclones predicted to hit Fiji Wednesday (11 Oct)
  6. $8m drugs seized Friday (13 Oct)
  7. Villagers pass around eTransport card Monday (16 Oct)
  8. Plans for Bati Sunday (15 Oct)
  9. Unsolved mystery of MV Joyita Sunday (15 Oct)
  10. Fijian overstayers Thursday (12 Oct)