Mindanao Star Bus Transport, Inc. holds annual meeting of stockholders. OVY and LRY remain in the helm.

Leo Rey Yanson Remains President of Mindanao Star Bus Transport, Inc. ✊🥳

Mindanao Star Bus Transport, Inc. holds annual meeting of stockholders. OVY and LRY remain in the helm.

On 16 January 2021, Mindanao Star Bus Transport, Inc. (“MSBTI”) held its annual stockholders’ meeting.

During the meeting, Leo Rey V. Yanson (LRY), Ginnette Y. Dumancas YGD), Charles M. Dumancas, Rey C. Ardo and Arvin John V. Villaruel were re-elected as members of MSBTI’s Board of Directors.

Following the election of the directors, the Board held an organizational meeting wherein Leo Rey V. Yanson was re-appointed as Chairman of the Board and President of MSBTI, while Olivia V. Yanson (OVY) was re-appointed as MSBTI’s Corporate Secretary and Treasurer.

Despite proper and timely notice, stockholders Roy V. Yanson (“Roy”), Ricardo V. Yanson, Jr. (“Ricky”), and Emily V. Yanson (“Emily”) were absent.

Roy, Celina and Ricky are believed to be unable to attend the meeting because they are currently hiding abroad as fugitives from justice together with their sister Ma. Lourdes Celina Y. Lopez (“Celina”). As of this writing, there are several outstanding warrants of arrest against the four siblings, Roy, Celina, Ricky and Emily (the “Y4”) for Carnapping and for Qualified Theft issued by the courts of Bacolod City. Just recently, warrants of arrest have also been issued against Emily for the crimes of Perjury and Falsification of Vallacar Transit Inc.’s (“VTI”) General Information Sheets (“GIS”). It is those same questionable GISes that are being used by Y4 to claim their majority ownership of VTI.

The Chairman and President, Leo Rey V. Yanson confirms that despite the challenges faced in 2020, MSBTI remains strong and resilient. It continues to be steadfast in its goal to serve the Filipino people. MSBTI remains committed to providing the riding 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 in this great nation despite the challenges of the pandemic.🟠

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