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Manila Bulletin devider Business devider Trade & Industry devider Yanson Group vows to support economic recovery

Yanson Group vows to support economic recovery

Published Mar 1, 2022 11:27 am

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Yanson Group vows to support economic recovery

By Emmie V. Abadilla

The Yanson Group of Bus Companies committed to provide mobility and transportation solutions to millions of Filipino passengers now that travel restrictions have eased.

"We are ready to provide Filipinos with the most reliable means of public transportation and help the country in its economic recovery," pledged businesswoman Olivia V. Yanson, co-founder and administrator of the Yanson Group during the annual stockholders meeting of Countryside Food Resources Corporation on March 1, 2022.

This was the latest in the series of the group's stockholders’ meetings that the Yanson matriarch headed.

Earlier, they held stockholders’ meetings for Vallacar Transit, Inc. on December 4, 2021; Ceres Liner Travel and Tours on January 3, 2022; Mindanao Star Bus Transport Inc. on January 15, 2022; Bachelor Express Inc. on January 16, 2022; Southern Star Bus Transit Inc. on January 17, 2022; Ceres Transport Inc. and Goldstar Bus Transit Inc. on February 7, 2022 and Rural Transit (Mindanao) Inc. on February 9, 2022.

During today's Countryside Food annual meeting, Olivia V. Yanson, Leo Rey Yanson, Ginnette Y. Dumancas, Charles M. Dumancas, Anita G. Chua, Arvin John V. Villaruel, Rey C. Ardo and Daniel Nicolas Golez were re-elected as members of the board.

The newly-elected directors also held an organizational meeting where Leo Rey Yanson was re-appointed as president and chairman of the board, while Olivia was re-appointed as corporate secretary and treasurer.

In a statement, Countryside Food said stockholders Roy V. Yanson, Celina Yanson-Lopez and Ricardo V. Yanson Jr. did not attend the meeting despite the due notices sent to them.

The Yanson Four - Roy, Celina and Ricky are believed to be out of the country, together with their sister Emily V. Yanson.

A Bacolod City court, in an October 2021 decision, granted Olivia Yanson the mandate to oversee and administer the estate of her late husband Ricardo Yanson who co-founded the group with Olivia in 1968.

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