Cabangon-Chua group set to take over RPN-9


MANILA, Philippines–The group of Filipino-Chinese businessman Antonio Cabangon-Chua is set to take over management control of the sequestered broadcasting firm Radio Philippines Network Inc. (RPN-9) following a deal to buy the stake held by some of the latter’s key shareholders.

Cabangon-Chua—who has interests in print and radio media assets alongside his real estate, banking, car dealership and insurance businesses—is set to become chair of RPN-9 while Benjamin Ramos of ALC group will be president, sources from the ALC group said.

Cabangon-Chua’s investment in RPN-9 is seen in line with the thrust to be a big player in business and sports coverage. The ALC group also owns other media assets including business newspaper Business Mirror and tabload Pilipino Mirror as well as radio network Aliw Broadcasting Corp.

Industry sources said Cabangon-Chua has gained a foothold in RPN-9 by acquiring 100 percent of the stake held by content provider Solar TV network of businessman Willy Tieng, which in turn owns 34 percent of RPN-9.

Tieng is selling assets to fund his plan to take over the tourism estate assets of the Thunderbird Resorts group, other sources said.

Get Inquirer updates while on the go, add us on these apps:

Inquirer Viber

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.

Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:

c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City,Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94


editors' picks



latest videos