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MANILA, Philippines – Businessman and former ambassador Antonio L. Cabangon-Chua died on Friday, March 11, his family announced.
He was 81.
“Please join my family in praying for the peaceful repose of the soul of our beloved father, Ambassador Antonio L. Cabangon-Chua, today, March 11, 2016,” his son, Edgard Cabangon, said in an official statement.
His wake will be at Heritage Park, Arlington Chapel, starting 10 pm on Friday.
Cabangon-Chua served as ambassador to Laos during the Arroyo administration, and was a full colonel in the reserve force of the Armed Forces of the Philippines.
He founded the ALC Group of Companies, which is engaged in media, insurance protection, pre-need services, automotive, banking and finance, security, education, hotels, and real estate.
In 2014, he acquired RPN-9. 9TV was later rebranded as CNN Philippines.
The other media companies under the ALC group are BusinessMirror, Aliw Broadcasting Corporation, Pilipino Mirror, and Philippine Graphic.
Vice President Jejomar Binay mourned the death of Cabangon-Chua, describing him as “a self-made man who built by sheer hard work a business empire, yet continued to give back to his community.”
“He is known as a media giant, a patron of literature, a father figure to young writers and journalists. To me he was a friend good and true,” Binay said. – Rappler.com
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