LCS Group of Companies, also known as LCS Holdings Inc., is a Philippine

conglomerate Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Co ...

. The LCS Group is founded by Filipino politician Luis Crisologo Singson who serves as its chairman.

Ventures

Aviation

The LCS Group operates a charter airline known as Platinum Skies, which was incorporated in 2013.

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 The Philippine National Oil Company (PNOC) is an energy company created on November 9, 1973, as a government-owned and controlled corporation founded during President Ferdinand Marcos' era to supply oil to the Philippines. Since then, its char ...

(PNOC) regarding the exploration of use of renewable energy for off-grid areas. Satrap Mining Corporation is a subsidiary under the LCS Group engaged in mining. It was established in 2014.

Finance

Through HalloHallo Skylark Lending, Corp., the LCS Group runs a loaning service known as Casha.

Telecommunications

The LCS Group through Gracia Telecoms provides telecommunications services in Mindanao. 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. The consortium touted itself as the only bidder planning to use

satellite internet access Satellite Internet access is Internet access provided through communication satellites. Modern consumer grade satellite Internet service is typically provided to individual users through geostationary satellites that can offer relatively high dat ...

by deploying portable Wi-Fi hotspots connected via satellite. LCS was not among the three entrants to the bidding, 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 Miss Universe 2016 was the 65th Miss Universe pageant, held at the Mall of Asia Arena, in Pasay, Metro Manila, Philippines on January 30, 2017. This is the second time in the history of the competition that the pageant skipped an entire year, ...

pageant in the Philippines in January 2017, around $12 million alone spent to secure the hosting rights from the Miss Universe Organization.

References

{{reflist Holding companies of the Philippines Conglomerate companies of the Philippines