Highlights

Cebu, Philippines – Top Line Business Development Corp. (“TOP” or the “Company”) has completed the renovation and rebranding of Cluster 1 of its acquired fuel retail network, consisting of eight stations in Northern Cebu, now operating at full capacity under the Light Fuels Express format. The completed cluster has the potential to contribute up to 1 million liters in monthly sales volume, as part of TOP’s broader per-cluster renovation and rebranding program covering stations in Cebu, Leyte, Siquijor, and Negros Oriental.

With an estimated 80% of Northern Cebu’s fuel market composed of two-wheeled vehicles, the newly renovated stations were designed primarily to serve motorcycles and light vehicles in the municipalities of Medellin, Bogo, Daanbantayan, Tabogon, Sogod, Borbon, Catmon, and Carmen. The Light Fuels Express format allows for operational efficiency while retaining the flexibility to expand and accommodate evolving customer demand. The Cluster 1 network is targeted to sell approximately 800,000 to 1,000,000 liters of fuel per month.

“The completion of our Cluster 1 renovation shows how we maintain quality in our acquisitions, reflecting our disciplined approach to optimize each station to operate at full capacity while maintaining efficiency and service quality. This cluster-based rollout allows us to scale systematically and capture demand in high-growth markets like Northern Cebu,” said Brigitte Carmel Lapasaran Lim, Senior Vice President and Chief Operating Officer.

The rebranding initiative strengthens TOP’s market presence by establishing a consistent and recognizable Light Fuels identity across its retail network. Beyond fuel retailing, the renovated stations are positioned as service-oriented, customer-focused destinations that offer added convenience to motorists.

As part of this initiative, Light Fuels Express stations are equipped with Automated Motor Wash systems capable of cleaning motorcycles in approximately three minutes, allowing customers to maintain their vehicles quickly while on the go. The stations also integrate water recycling systems, underscoring the company’s commitment to sustainable operations and responsible resource management.

Renovations for Clusters 2, 3, and 4 are expected to be completed by end-2026. Meanwhile, stations that have yet to be rebranded continue to operate and contribute to TOP’s revenue stream.