CEBU CITY – Mindanao Star Bus Transit Inc. (MSBTI) has expressed commitment to support the economic growth of Central Mindanao by boosting passenger mobility and transportation of agricultural products.
BOARD members of Mindanao Star Bus Transit Inc. commit support to the economic growth of Central Mindanao. (Contributed photo)
MSBTI gave the commitment during the company’s stockholders' meeting on January 20 in Cagayan de Oro City.
Yanson family matriarch Olivia led the annual stockholders' meeting of Bachelor Express Inc. (BEI) the following day, January 21.
Re-elected MBSTI board members include Olivia, Leo Rey Yanson, Ginnette Y. Dumancas, Charles Dumancas, Arvin John Villaruel, and Rey Ardo.
An organizational meeting followed, where Leo Rey was re-appointed as chairman and president, and Olivia as corporate secretary and treasurer, a company statement said.
BEI stockholders re-elected Olivia, Leo Rey, Dumancas, Charles, Villaruel, Ardo, Anita Chua, Daniel Nicolas Golez, Danny Lorenton, Hernan Omecillo, and Alfredo Ligo Jr. as board members, the company added.
Following the election, the board re-appointed Leo Rey as president and CEO and Olivia Yanson as treasurer and corporate secretary.
MSBTI and BEI belong to the Yanson Group of Bus Companies (YGBC), the biggest bus conglomerate in the Philippines.
With over 18,000 employees, YGBC covers major public transportation routes in Luzon, Visayas, and Mindanao.
YGBC’s other bus companies are Vallacar Transit Inc., Ceres Tours, Sugbo Transit, Southerstar Bus Transit Inc., Ceres Transport Inc., Goldstar Bus Transit Inc., and Rural Transit (Mindanao) Inc.
“Mindanao Star Bus is committed to spurring and sustaining social and economic activities in this region by providing safe, dependable, and affordable public transport," said Leo Rey.
Mindanao Star Bus serves major transport routes in Region 12 or Soccsargen or the South Cotabato, Cotabato, Sarangani, and General Santos City area.
The area, also called Central Mindanao, is also the Philippines' top tuna producer, accounting for 80 percent of production.