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Business

Yanson-owned bus companies running strong

The Philippine Star

MANILA, Philippines —  Rural Transit Mindanao Inc. (RTMI), a bus company that is part of the Yanson Group, remains strong and resilient.

This was the key message of businessman Leo Rey Yanson after having been re-elected chairman and president of RTMI.

“It is steadfast in its goal to serve the Filipino commuters and commerce and remains committed to providing the most reliable means of public transportation,” Yanson said during the company’s annual stockholders’ meeting on Feb. 14.

He assured the public that despite operational challenges, the company remains strong.

During the meeting, executives Olivia Yanson, Leo Rey Yanson, Charles Dumancas, Rey Ardo, Anita Chua and Daniel Nicolas Golez were re-elected as board of directors.

Following the election of the directors, the board held an organizational meeting and re-elected Leo Rey Yanson as chairman of the board and president of RTMI while Olivia Yanson was re-appointed as corporate secretary and treasurer, the company said in a statement.

RTMI, which serves major transport routes in Northern and Central Mindanao, belongs to the Yanson Group of Bus Companies, which in turn, is the largest bus conglomerate in the country providing direct livelihood to over 18,000 employees.

Aside from RTMI, the Yanson Group also operates Vallacar Transit Inc.; Bachelor Express Inc.; Southern Star Bus Transit Inc.;Ceres Transport Inc.; Ceres Tours; Gold Star Bus Transit Inc.; and Mindanao Star Bus Transport Inc.

LEO REY YANSON

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