Business

Ex-ambassador Cabangon-Chua dies

Businessman and former ambassador Antonio L. Cabangon-Chua, 81, died on Friday, March 11.

Businessman and former ambassador Antonio L. Cabangon-Chua, 81, died on Friday, March 11.

“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 includes Citystate Savings Bank, Fortune Life Insurance Co., Incorporated, Eternal Plans, Inc., Citystate Properties and Management Corp. (CPMC), and Isuzu GenCars Incorporated, among others.

He also owns Aliw Broadcasting Corporation.

He established publications, such as Philippine Graphic Weekly, Business Mirror, View, Cook, Pilipino Mirror and Salamin ng Katotohanan.

In 2014, he acquired RPN9, which was later rebranded as CNN Philippines in partnership with the Turner Group of Companies.

He received the Lifetime Achievement award from the Kapisanan ng mga Brodkaster ng Pilipinas (KBP) during the 23rd Golden Dove Awards in 2015.

He was Ambassador to Laos during the Arroyo administration.

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