LCS Group of Companies | |
Type: | Holding company |
Industry: | Conglomerate |
Predecessors: | --> |
Successors: | --> |
Areas Served: | --> |
Key People: | Luis Crisologo Singson, Chairman Richelle Singson, Vice Chairperson |
Owners: | --> |
Founder: | Luis Crisologo Singson |
LCS Group of Companies, also known as LCS Holdings Inc., is a Philippine conglomerate. The LCS Group is founded by Filipino politician Luis Crisologo Singson who serves as its chairman.
The LCS Group operates a charter airline known as Platinum Skies, which was incorporated in 2013.[1] [2]
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]
Through HalloHallo Skylark Lending, Corp., the LCS Group runs a loaning service known as Casha.[1]
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.
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]