SMC Chairman and Basketball patron Danding Cojuangco dies, 85

Basketball patron Danding Cojuangco dies

MANILA – San Miguel Corporation Chairman and CEO Eduardo “Danding” Cojuangco Jr. died on Tuesday night. He turned 85 last June 10.

His family confirmed his passing at 10:45 PM due to pneumonia and heart attack. They will be holding a private wake following his immediate cremation due to current quarantine restrictions.

Cojuangco was a known basketball patron to his alma mater De La Salle University and currently holds three teams in PBA: San Miguel Beer, the Magnolia Hotshots, and the Barangay Ginebra San Miguel.

He served as the company’s chairman since July 7, 1998. He had a strong presence and influence in the Philippine business. He was the 15th richest man in the Philippines and ranked just under the top 2000 in the world according to Forbes.

Cojuangco also served as the governor of Tarlac from 1967 to 1969.

Malacañang officials have extended their condolences to the Cojuangco family. Presidential Spokesperson Harry Roque applauded the late tycoon’s immense contribution to the socio-economic development of the Philippines.

“Mr. Cojuangco’s San Miguel Corporation has been a reliable partner of the government in mitigating the impact of the COVID-19 by providing support and assistance to front liners and vulnerable sectors,” Roque added.

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