Stock Information

PHC | PHILCOMSAT HOLDINGS CORPORATION

Sector: SERVICES | Sub-Sector: OTHER SERVICES

Philcomsat Holdings Corporation (PHC) was incorporated as Liberty Mines, Inc. on May 10, 1956. PHC initially embarked on the discovery, exploitation, development, and exploration of mineral oils, petroleum in its natural state, rock or carbon oils, natural oils, and other volatile mineral substances. However, PHC ceased oil and mining operations in 1992. On July 23 and September 12, 1997, the Securities and Exchange Commission approved the change in corporate name to the present one as well as the change in primary purpose from a mining company to a holding company.

The Company currently holds investments in money market placements and financial instruments. In 2022, the stockholders authorized the Company to engage in its secondary purpose of managing hotels and resorts, which PHC is currently pursuing with the Montemar Beach Club, Inc.

PHC's business and concerns are managed by Philippine Communications Satellite Corporation, which owns 78.67% of the Company. PHC has one wholly-owned subsidiary, Philcomsat Management Enterprises, Inc., which provides management and consultancy services and owns 100% of Professional Stock Transfer, Inc., a stock transfer agency.

Source: SEC Form 17-A (2025)