Filtered By: Sports

Megaworld gifts PHL’s first Olympic gold medalist Hidilyn Diaz a P14-M condo unit in Eastwood City

Andrew Tan-led property developer Megaworld Corp. is giving Hidilyn Diaz, the Philippines’ first-ever Olympic gold medalist, a P14-million residential condominium unit in Eastwood City.

Diaz won the country's first gold medal in the Olympics after conquering the women's 55-kg weightlifting event of the 2020 Tokyo Olympics Monday at the Tokyo International Forum.

She finished with a total score 224 kg, lifting 97 in the snatch and 127 in the clean & jerk to outduel China's Liao Qiuyun for the gold.

Her historic win ended a near century-long Olympic gold medal drought since the Philippines first competed in the games in 1924.

“This epic moment is about 97 years in the making, and this is our way of saying thanks to Hidilyn for making us all proud,” said Megaworld chief strategy officer Kevin Tan.

“We believe that it’s just right to give our first-ever Olympic gold medalist a home in our first-ever township, Eastwood City, where she can enjoy the township lifestyle with her family and loved ones,” Tan said.

Diaz is also the most decorated Filipino Olympian in history with two recognitions under her name after previously winning a silver medal in the 2016 Rio Olympics.

Apart from a condominium unit from Megaworld, at least P33 million in cash reward awaits Diaz.

This as the Republic Act 10699 mandates a P10-million reward for Olympic gold medalists who competed in individual events.

Businessman Manny V. Pangilinan’s MVP Sports Foundation also pledged to give an additional P10 million for the gold medal winner.

Philippine Olympic Committee and Rep. Abraham Tolentino also said in a Philippine Sportswriters Association forum that business tycoon Ramon S. Ang will give P10 million for every gold in the Tokyo 2020 Olympics.

Athlete, sports patron, and Rep. Mikee Romero also pledged P3 million for the gold medal winners in Tokyo.—Ted Cordero/AOL, GMA News