LCS Holdings
Philippine conglomerate
From Wikipedia, the free encyclopedia
The LCS Group of Companies, also known as LCS Holdings Inc., is a Philippine conglomerate. The company was founded in 2016 by Filipino politician Luis Crisologo Singson who serves as its chairman.
 | |
| Type | Private |
|---|---|
| Industry | Conglomerate |
| Founded | 2013 |
| Founder | Luis Crisologo Singson |
| Headquarters | Ascott Bonifacio Global City Manila, 5th Avenue cor. 28th Street, , Philippines |
Area served | Asia |
Key people | Luis Crisologo Singson, Chairman Richelle Singson, Vice Chairperson |
| Subsidiaries |
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| Website | www |
Ventures
Aviation
The LCS Group operates a charter airline known as Platinum Skies, which was incorporated in 2013.[1][2]
Energy and mining
Satrap Mining Corporation is a subsidiary under the LCS Group founded in 2014. It operates and manages renewable energy power plants mostly in Ilocos Sur. It also has a partnership with Philippine National Oil Company (PNOC) regarding the exploration of use of renewable energy for off-grid areas.[3]
Satrap Mining Corporation is a subsidiary under the LCS Group engaged in mining. It was established in 2014.[1]
Finance
Through HalloHallo Skylark Lending, Corp., the LCS Group runs a loaning service known as Casha.[1]
Telecommunications
The LCS Group through Gracia Telecoms provides telecommunications services in Mindanao.[4] In 2018, the LCS Group expressed interest to participate in a government-sanctioned bidding which would enable it to become the third major telecommunications provider in the Philippines alongside Globe Telecom and Smart–PLDT. The conglomerate formed a consortium called Sears Telecom with TierOne Communications International. TierOne is backed by Chinese firm Fujian Torch Electron Technology, Singaporean company Miller Pte. Ltd., and Cambodia-based Southeast Asia Telecom.[5] The consortium touted itself as the only bidder planning to use satellite internet access by deploying portable Wi-Fi hotspots connected via satellite.[4] LCS was not among the three entrants to the bidding,[6] which was eventually won by Mislatel, which renamed themselves as Dito Telecommunity.
Events
The LCS Group spent $15 million to host the 2016 Miss Universe pageant in the Philippines in January 2017, around $12 million alone spent to secure the hosting rights from the Miss Universe Organization.[1]