Rural Transit Mindanao, Inc. holds annual stockholders meeting

Rural Transit Mindanao, Inc. (RTMI) annual stockholders’ meeting on Feb. 10. Leo Rey Yanson was re-appointed as chairman of the board and president of RTMI. RURAL TRANSIT MINDANAO, INC
Rural Transit Mindanao, Inc. (RTMI) annual stockholders’ meeting on Feb. 10. Leo Rey Yanson was re-appointed as chairman of the board and president of RTMI. RURAL TRANSIT MINDANAO, INC

RURAL Transit Mindanao, Incorporated held its annual stockholders meeting on Feb. 10, 2021.

Olivia Yanson, Leo Rey Yanson, Charles Dumancas, Rey Ardo, Anita Chua, and Daniel Nicolas Golez were re-elected as RTMI’s board of directors.

Following the election of the directors, the board held an organizational meeting. Leo Rey Yanson was re-appointed as chairman of the board and president of RTMI. Olivia Yanson, meanwhile, was re-appointed corporate secretary and treasurer.

Despite proper and timely notice, stockholders like Roy Yanson, Ricardo Yanson Jr., Ma. Lourdes Celina Lopez, Ma. Susan Yanson, and Juan Manuel Lopez were absent.

Roy, Celina and Ricky together with their sister Emily Yanson are believed to be unable to attend the meeting because they are hiding abroad as fugitives from justice.

There are several outstanding warrants of arrest against the four siblings, Roy, Celina, Ricky and Emily, or the so-called Yanson 4.

They were indicted for carnapping and grave coercions issued by the courts of Bacolod City. Warrants of arrest have also been issued against Emily for the crimes of perjury and falsification of Vallacar Transit Incorporated’s (VTI) General Information Sheets. It is those same falsified GISes that are being used by Y4 to claim their majority ownership.

The chairman and president, Leo Rey, assures the public that despite the challenges faced in 2020, RTMI remains strong and resilient. It continues to be steadfast in its goal to serve the Filipino people. RTMI remains committed in providing the public with the most reliable means of public transportation for all.

The newly appointed board is excited to see how they can continue to push boundaries to provide quality transportation to every Filipino despite the challenges of the pandemic.(RTMI)

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