Tuesday 23 April
Nov 29, 2018 @ 8:18

United Auctioneers’ Dominic Sytin killed by riding-in-tandem at hotel doorstep


Bilyonaryo Dominic Sytin, owner United Auctioneers Inc., was assassinated at the doorstep of a Subic Freeport hotel Wednesday night.

In a report by ABS-CBN, PO1 Arnold Cipriano of said that past 8 p.m., Sytin was shot in the head and instantly killed. Sytin’s bodyguard was also shot and was rushed to a nearby hospital.

The police said the gunman walked casually back to his riding-in-tandem partner after the shootings and fled. Subic Bay Metropolitan Authority immediately issued a lockdown of the Freeport.

Sytin founded the country’s biggest auction house for trucks, equipment, and used vehicles in the middle of the 1998 financial crisis.

Last year, Sytin recently acquired control of LMG Chemicals Corp. and installed as its Chairman, President and Chief Executive Officer.

A graduate of the University of the Philippines, Sytin was a prime supporter of the school’s volleyball team.

United Auctioneers? Dominic Sytin to acquire LMG

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