Ramon S. Ang

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Ramon S. Ang (born January 14, 1954) is a Filipino businessman. He is the Vice-Chairman, President and Chief Operating Officer of San Miguel Corporation (PSESMC). He is also Chairman of Cyber Bay Corporation (PSECYBR). As of 2013, his net worth was estimated at $260 million.[1]

Ang was elected Vice-Chairman of San Miguel Corporation in January 1999; and in March 2002, its President and Chief Operating Officer. In June 2012, Ang gained control of San Miguel Corporation after acquiring the shares owned by Eduardo Cojuangco, Jr.[2][3][4][5]

In June 24, 2014, GMA Network, Inc. announced that Ang will acquire a minority interest in the company in his personal capacity.[6][7] On November 14, 2014, GMA Network reported that the share purchase agreement was in the final stages, following delays caused by scrutiny over minute details.[8] In a May 14, 2015 news report, GMA Network chairman Felipe Gozon said that the deal has not yet been finalized.[9] On June 23, 2015, GMA Network announced that the negotiations has been terminated, to the surprise of Ang.[10][11][12]

News articles in 2014 related to the GMA Network deal also mention of Ang's reported acquisition of a minority interest in Solar Entertainment Corporation (also in his personal capacity), however, no formal announcement was ever made.[13][14]

Ang holds a Bachelor of Science degree in Mechanical Engineering from Far Eastern University.

References[edit]

  1. ^ Cathy Rose A. Garcia (1 August 2013). "Ang, Araneta make it to PH rich list; 9 tycoons 'poorer'". ABS-CBN. Retrieved 5 November 2013. 
  2. ^ "Ramon Ang takes full control of San Miguel Corporation | Inquirer Business". Business.inquirer.net. Retrieved 2015-08-01. 
  3. ^ "Ramon Ang's Privado Holdings buys 3.44 million San Miguel shares │ Money │ GMA News Online". Gmanetwork.com. Retrieved 2015-08-01. 
  4. ^ "Ramon Ang: Why Is The San Miguel "Ownership" So Controversial ?". The EQualizer Post. 2012-07-02. Retrieved 2015-08-01. 
  5. ^ Agustin, Victor C. (2014-01-13). "COCKTALES | Inigo Zobel is largest San Miguel shareholder, more than twice bigger than Ramon Ang". Interaksyon.com. Retrieved 2015-08-01. 
  6. ^ "Ramon Ang on minority stake in GMA Network: ‘It’s a done deal’ │ Money │ GMA News Online". Gmanetwork.com. Retrieved 2015-08-01. 
  7. ^ "Ramon S. Ang vows to be just passive stockholder in GMA7 | mb.com.ph | Philippine News". mb.com.ph. Retrieved 2015-08-01. 
  8. ^ "GMA’s Gozon: Purchase agreement with Ramon Ang ‘in the homestretch’ │ Money │ GMA News Online". Gmanetwork.com. Retrieved 2015-08-01. 
  9. ^ "GMA's Gozon on Ramon Ang deal: 'The ball is no longer in our court' │ Money │ GMA News Online". Gmanetwork.com. Retrieved 2015-08-01. 
  10. ^ "GMA-Ramon Ang talks collapse". Rappler.com. Retrieved 2015-08-01. 
  11. ^ Jon Carlos Rodriguez. "GMA: Termination of Ang buy-in talks not abrupt". ABS-CBN News. Retrieved 2015-08-01. 
  12. ^ [1][dead link]
  13. ^ "Ramon Ang 'very, very interested' in GMA Network -Gozon | Business, News, The Philippine Star". philstar.com. 2014-05-05. Retrieved 2015-08-01. 
  14. ^ "Ramon Ang buys 30% of GMA Network". Rappler.com. Retrieved 2015-08-01. 

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