Felix Tiu

Upon the aftermath of the failed reestablishment of his father's confectionery business, Tiu and his wife founded their own trading company, in 1985, Goldstar Philippine Traders, selling oil, flour, margarine, and other baking goods using his savings of 10,000₱ from previous business ventures.[10]

Felix opened Eon Philippines Industries Corporation, in 1995, which manufactured various local staples like bihon and sotanghon as well as flavoured juices, with lollipops being the main product.[10] This venture was established as a reminiscent to Felix's father's business,[10] then in 1998, Felix opened a travel and tourism agency called Eon Travel and Tours in SM City Iloilo.

In 1991, with a vision to provide "market vendors a chance at their businesses"[10] and to support other local businesses, Tiu ventured into low interest lending and in 5 years has created a "very modest lending portfolio".[10]

At the turn of the millennium, in 2000, Tiu purchased a property and constructed the Eon Centennial Plaza Hotel, which is now known as "one of the leading business hotels in the heart of Iloilo",[10] accommodating multiple restaurants over the years such as Frances, Joaqui’s, Cups n’ Saucers, and more recently, The Leaf.

Eon Realty Development Corporation started in 2001 and has built over 4,500 homes to date, with families in the low-medium income bracket as their target market. As of 2017, they encompass over 12 housing and subdivision projects and became the first company to build on townhouses in Iloilo.[10]

In 2004, Eon Group of Companies branched out into developing neighboring islands, launching Guimaras Memorial Park in Guimaras, Philippines.

In 2006, Eon Centennial Resort Hotel and Convention Center was erected in Jaro, Iloilo City, which housed a convention center to hold up to 3,000 people.[11] Exploreiloilo.com has named Centennial Resort Hotel and Convention Center "a first class year-round family destination".[11] In 2015, the announcement of Waterworld Iloilo resulted in the revision of the convention center, leading the enterprise to change its name to Eon Centennial Resort Hotel and Waterpark.

In 2013, Felix opened the first paninda and paluto style restaurant in Iloilo, Merkado Seafood Restaurant[12], where an inclusive wet market allows fresh seafood, meat and vegetables to be purchased, with the customer deciding how it is to be cooked. Due to Typhoon Yolanda's impact on Panay's fresh seafood supply, infection led to the restaurant closing its doors on November that year.[13]

Waterworld Iloilo was announced in 2015, to replace the convention center constructed under the then-named, Centennial Resort Hotel and Convention Center in Jaro, Iloilo City. It opened on December 16, 2017 and became Philippines' first solar-powered waterpark.[2] It comprises over 20 different slides and rides, 2 pools, 8 luxury cabanas, 3 restaurants, a souvenir and novelty shop, and a lazy river which surrounds the perimeter of the park. Waterworld Iloilo has been featured in various media outlets such as Panay News, The Guardian, The Iloilo Metropolitan Times, Island Living and Hugging Horizons.[14]

Due to the overwhelming success of Waterworld Iloilo,[9] Felix Tiu announced that the Eon Group of Companies will expand the Waterworld franchise into Mandaue, Cebu. The project, known as Waterworld Cebu, will be valued at over 350 million pesos, making it one of the most expensive waterparks in the Philippines.[15] Not only will it be one of the largest waterparks in the Philippines, but the 3-hectare project will boast as a major entertainment complex, housing a large amusement park, and resort as well. It is set to open late 2019.[8]