In 1975 the PCA acquired a bank, renamed the United Coconut Planters Bank, to service the needs of coconut farmers, and the PCA director, Eduardo Cojuangco, a business associate of Marcos, became its president.
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By early 1980, it was reported in the Philippine press that the United Coconut Oil Mills, a PCA-owned firm, and its president, Cojuangco, controlled 80 percent of the Philippine oil-milling capacity.
Some examples of Chinese-origin surnames are Guanzón, Cojuangco, Siapuatco, Yapchulay, Locsín, Quisumbing, Tuazon and Yuchengco.
Hacienda Luisita is a sugar plantation located in the province of Tarlac, Philippines, owned by the Cojuangco family, which includes the late former President Corazón C. Aquino and her son, incumbent President Benigno S. Aquino III.
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The José Cojuangcos acquired the property in 1958 through a loan from the Government Service Insurance System and a dollar loan from the Manufacturers´ Trust Company of New York, which was guaranteed by the Central Bank of the Philippines, with consent from Miguel Cuaderno, its governor.
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In 1976, First United Bank, the banking concern Pepe built on his own after his ouster from the family owned Bank of Commerce which he saved from bankruptcy decades ago, was sold for an amicable amount to his nephew, Danding Cojuangco, who was then close to President Marcos, with both mothers being Ilocanas notwithstanding.
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At Bank of Commerce, where he and his brother Juan "Itoy" Cojuangco and nephews Ramon Cojuangco (later of PLDT; son of brother Antonio Cojuangco Sr) and Danding Cojuangco (eldest son of deceased brother Eduardo Cojuangco Sr) each owned equitable stakes, the last three factions planned a coup d’ etat by toppling him from the presidency of the said bank.
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Some blamed Danding Cojuangco since owning the hacienda would complement San Miguel and Ginebra’s ethyl, molasses and sugar needs.
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One, it helped that their cousin Danding Cojuangco was the de facto kingpin of Tarlac and his kind mother Josephine Murphy-Cojuangco was still cordial to them.
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In fact, Pepe and his wife Metring were not able to send Pepe’s younger brother Eduardo Sr. (Danding Cojuangco’s father) to the United States for treatment for the mere fact that they could not exchange their pesos to dollars.
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Fearing the López might become too powerful after already owning Meralco, Negros Navigation, Manila Chronicle, ABS-CBN, various haciendas in Western Visayas and then the nearby PASUMIL consortium in del Carmen, Pampanga that they purchased from the Americans, the President offered the property to José Cojuangco, nicknamed "Pepe" through Magsaysay protégé and Cojuangco's son-in-law, Benigno Aquino.
Both are members of the influential Chinese-Filipino Cojuangco clan, and thus are direct descendants of Hongjian native Co Yu Hwan (Christian name: José Cojuangco), who emigrated to Spanish Philippines in 1861.
Despite the implementation of CARP, Aquino was not spared from the controversies that eventually centered on Hacienda Luisita, a 6,453-hectare estate located in the Province of Tarlac, which she, together with her siblings inherited from her father Jose Cojuangco (Don Pepe).
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Hacienda Luisita, owned by the Cojuangco family, which includes the late former President Corazón C. Aquino and her son, current President Aquino, has been a notable case of land reform.
During this period, family names such as Cojuangcos, Lopezes, Marcoses, Osmeñas and Aquinos started to emerge, later on becoming household names.
However, because Aquino stood in the way of Cojuangco's plan to acquire more companies, it is suspected that Cojuangco was the mastermind who plotted the assassination of Benigno Aquino, not Fabian Ver.
As the main proponent of the Bill is Representative Mark Cojuangco's presentation at the Congressional hearing on February 2, 2009 came under scrutiny from the Bill's oppositors for citing Wikipedia articles about nuclear plants in other countries and quotes from non-experts like Patrick Moore, who left Greenpeace in 1986, to argue for the re-commissioning of the Bataan Nuclear Power Plant.