The Company's Business Operations
STI Holdings (the "Parent Company") is the holding company within the Tanco Group that drives investment in its education business. It is a publicly-listed company in the Philippine Stock Exchange and its registered address and principal place of business is 7th Floor STI Holdings Center, 6764 Ayala Avenue, Makati City.
STI Holdings, being a holding company, derives its revenues from dividends declared by its subsidiaries and interest income on short-term placements. It also derives income from business advisory services it provides to the subsidiaries.
STI Holdings has four subsidiaries, namely: STI Education Services Group, Inc. ("STI ESG"), STI West Negros University, Inc. ("STI WNU"), Information and Communications Technology Academy, Inc. ("iACADEMY"), and Attenborough Holdings Corporation ("AHC").
STI ESG and its subsidiaries, as educational institutions, derive their main revenues from tuition and other school fees from owned schools and royalties and other fees for various educational services provided to franchised schools.
STI ESG's college campuses offer associate/baccalaureate degrees and technical/vocational programs in Information and Communications Technology ("ICT"), arts and sciences, business management, education, engineering, hospitality management, and tourism management. These programs are accredited by the Commission on Higher Education ("CHED") and/or the Technical Education and Skills Development Authority ("TESDA"), as may be applicable. The education centers of STI ESG offer technical-vocational courses for information technology, multimedia arts, hospitality and restaurant services, culinary, and tourism and events management, among others. The programs in the education centers are accredited by TESDA. The STI ESG network has also been granted DepEd permit to offer Senior High School ("SHS").
STI ESG's network of schools includes 63 schools with 37 owned schools and 26 franchised schools comprising of 60 colleges and 3 education centers.
In recent years, STI ESG embarked on expansion and capital improvement projects as it encouraged schools to move from rented space into school-owned stand-alone campuses. Likewise, several franchised schools started their own facilities expansion programs. To date, STI ESG has 20 owned campuses with newly constructed/renovated buildings while 11 of the franchised schools constructed/renovated their own buildings and upgraded their facilities.
STI ESG has a total student capacity of 147,982 students, with 105,812 pertaining to owned schools and 42,170 for franchised schools.
STI WNU offers primary, junior and senior high school, tertiary and post-graduate courses. Tertiary courses include Engineering, Education, Criminology, Business programs such as Accountancy, Management Accounting and Business Administration, Hospitality and Tourism Management, Computer Science and Maritime Training Courses required by the Maritime Industry Authority ("MARINA") for officers and crew on board Philippine and/or foreign registered ships operating in Philippine and/or international waters. Post-graduate courses include Master's degrees in Business Administration, Public Administration, and Education, and Doctorate degrees in Public Administration and Educational Management.
STI WNU's facilities include the University’s Maritime Training Center and classrooms that can accommodate 12,000 primary, secondary, tertiary and post-graduate students.
iACADEMY is a premier school offering specialized programs in SHS and college that are centered on Computing, Business and Design. It is known for its strong industry partnerships and non-traditional programs such as Software Engineering, Game Development, Web Development, Real Estate Management, Animation, Multimedia Arts and Design, Fashion Design and Technology, Music Production and Sound Design, Film and Visual Effects, Data Science, and Cloud Computing. iACADEMY also offers programs in Accountancy, Marketing Management and Psychology.
iACADEMY is a wholly-owned subsidiary of STI Holdings. iACADEMY's Nexus campus, equipped with top-of-the-line multimedia arts laboratories and computer suites, is located along Yakal St. in Makati City and has a total capacity of 3,755 students.
AHC is a 100%-owned subsidiary of STI Holdings. The Parent Company subscribed to 40% of AHC's shares in November 2014 and eventually bought the balance of 60% of its outstanding capital stock in February 2015. At the time of purchase, it had receivables from Unlad which it eventually assigned to STI Holdings on March 1, 2016. AHC is currently non-operational.
