MANILA, Philippines - San Miguel Corp. president and chief operating officer Ramon S. Ang has quit the board of directors of Roberto Ongpin's property company Alphaland Corp.
In a disclosure to the stock exchange, Alphaland corporate secretary Rodolfo Ponferrada said Ang resigned as director, effective March 11, 2014.
"Mr. Ang has for some time now indicated his intention to resign from the Board due tohis time constraints. In fact, he has been unable to attend any of the recent board meetings of the Company," he said.
Ang is also the president and chief operating officer of PAL.