High Quality Content by WIKIPEDIA articles! The Rain or Shine Elasto Painters is a professional basketball team in the Philippine Basketball Association owned by the Asian Coatings Philippines, Inc. that debuted in the league in the 2006-07 PBA season. From 1996-2006, it was a member of the semi-professional Philippine Basketball League, carrying the name Welcoat House Paints, Welcoat Paintmasters, and the St. Benilde-Rain or Shine Elasto Painters. The team acquired the franchise rights of the Shell Turbo Chargers, who disbanded after the 2004-05 PBA season.