Former ambassador Antonio Cabangon-Chua passes away
Businessman and former ambassador Antonio Cabangon-Chua passed away on Friday. He was 81.
The news was confirmed by his family in an official statement.
“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,” said his son D. Edgard Cabangon in a statement released by CNN Philippines.
Cabangon-Chua, chairman of the Nine Media Corporation, acquired Radio Philippines Network Inc. (RPN-9) in 2014, which was later relaunched as CNN Philippines in a tie-up with Turner Broadcasting System.
READ: Cabangon-Chua group set to take over RPN-9
He was also the founder of Citystate Savings Bank, Fortune Life Insurance Co., Inc., Eternal Plans, Inc., Citystate Properties and Management Corp., and Isuzu GenCars Inc., among others.
Article continues after this advertisementCabangon-Chua, who served as ambassador to Laos during the administration of former president Gloria Arroyo, also established media entities such as Philippines Graphic, Business Mirror, Pilipino Mirror, and Aliw Broadcasting Corporation. YG/IDL
