AppleOne bolsters governance with key appointments

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January 17, 2026 | 12:00am

MANILA, Philippines — The AppleOne Group, a Cebu-based property developer and diversified business group, is strengthening its governance, accountability and financial discipline as the company enters its next phase of expansion.

As a diversified real estate and hospitality company with a growing national footprint, AppleOne seeks to scale responsibly while also reinforcing investor confidence and building long-term resilience across its portfolio.

“Our vision is to build an institution that will last for generations,” AppleOne chairman Ray Go Manigsaca said.

To support AppleOne’s next phase of growth, the company has strengthened its corporate governance with the appointment of three independent directors to its board who are bringing deep expertise in banking, capital markets and corporate governance.

The new independent directors that joined AppleOne’s board are Rene Buenaventura, Michael Chua and Stephen CuUnjieng.

“An empowered and independent board allows us to uphold strong governance, maintain a disciplined balance sheet and support sustainable growth that stands on its own,” Manigsaca said.

CuUnjieng, a distinguished investment banker and senior advisor with over 40 years of experience in investment banking in the Asia-Pacific region on mergers and acquisitions and capital market transactions, said his appointment serves as an opportunity to support the continued development of tourism and business outside Metro Manila.

“It was an honor to join AppleOne’s board as it is unique and exciting to help a leader in developing tourism and business outside of Metro Manila. As my mother is Cebuana and having previously been associated with Cebu based companies it is an honor to assist again,” he said.

Chua, for his part, said the road ahead for AppleOne is exciting and he looks forward to working with its board and the rest of the team in contributing to the company’s future growth.

Chua, a senior banking executive with over 30 years of experience in financial services, previously served as chief country officer of Deutsche Bank Philippines.

“I am glad to have been invited to be an independent director of the AppleOne Group, which I readily accepted. It presents an excellent opportunity to be part of the progress of a company founded by a visionary leader,” Buenaventura said.

A veteran with deep roots in the banking sector, Buenaventura is the vice chairman of Equicom Manila Holdings and an independent director for various major corporations including GT Capital Holdings Inc., Lorenzo Shipping Corp., UBS Investments Philippines Inc. and DDMP REIT Inc.