Antonio Cabangon-Chua

Antonio Cabangon-Chua

Antonio Cabangon-Chua was a self-made billionaire and the head of the multibillion-peso ALC Group of Companies, a conglomerate engaged in various business activities, such as insurance protection, media, pre-need assurance, automotive, banking and finance, security, education, hotels, and real estate. 

The ALC Group’s media arm consists of Nine Media Corporation’s CNN Philippines, radio stations 97.9 Home Radio and DWIZ 882, the business broadsheet BusinessWorld, the magazine Philippine Graphic, the tabloid Pilipino Mirror, and the printing press Brown Madonna Press Incorporated.

He was the son of a well-to-do Chinese businessman who died without leaving savings for him and his mother. The young Cabangon-Chua had to take on odd jobs as a child just to survive. He became a shoeshine boy, an ice-drop peddler, a newsboy, a pan de sal vendor. His mother later put up a sari-sari store and he became its storekeeper. The store became a grocery store under his watch and that marked the beginning of his business success.

Cabangon-Chua served as Philippine ambassador to Laos appointed by President Gloria Macapagal-Arroyo. He passed away on March 11, 2016. 

Media Companies / Groups
Media Outlets
Facts

Business

Publishing

Philippine Graphic Weekly

Finance

ALC Group of Companies

Family & Friends

Affiliated Interests Family Members Friends

Antonio L. Cabangon-Chua

is the Chairman of the Board and Stockholder of Nine Media Corporation, owner and operator of the Philippine Graphic Weekly and its sister publication Mirror Weekly, radio stations DWIZ and DYQZ based in Metro Manila and six other sister stations all over the country, involved in print and broadcast media, Chairman of the companies under the ALC Group, Fortune Insurance Group and the Eternal Plans Group, founder and was Chairman and later Chairman Emeritus of Citystate Savings Bank Inc., Director of Citystate Savings Bank Inc. from 1997 to March 11, 2016.

Further Information

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company/channel informs proactively and comprehensively about its ownership, data is constantly updated and easily verifiable

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Sources

Financial Statement of JRLT-JHI Corporation (available upon request at SEC) (2016), Securities and Exchange Commission (SEC)

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