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Bus firm vows support for Central Mindanao economic growth

Bus firm vows support for Central Mindanao economic growth
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

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Yanson group completes stockholders' meetings

BY GILBERT P. BAYORAN Businesswoman Olivia V. Yanson reported that her group has completed a series of stockholders’ meetings for all the operating

Bacolod-city , Bacolod , Philippines , Ricardov-yanson-jr , Daniel-nicolas-golez , Anitag-chua , Ginnettey-dumancas , Leo-rey-yanson , Oliviav-yanson , Leo-reyv-yanson , Charlesm-dumancas , Royv-yanson

Goldstar Bus Transit sees better 2022 prospects

Government's easing of COVID-19 mobility restrictions bodes better prospects for the public transportation sector this year, according to businesswoman Olivia V. Yanson.
“Mobility directly translates into a bigger demand for public transport. This is a big relief to the transport industry," the Yan

Bacolod-city , Bacolod , Philippines , Ricardov-yanson-jr , Lourdes-celina-yanson-lopez , Hernanb-omecillo , Ginnettey-dumancas , Leo-rey-yanson , Oliviav-yanson , Leo-reyv-yanson , Royv-yanson , Dannyo-lorenton

PH's largest bus firm welcomes relaxed travel restrictions

RELAXED TRAVEL. The Yanson Group of Bus Companies (YGBC) principal office in Bacolod City. The Bacolod-based company, the country's largest bus firm, on Tuesday (Feb. 8, 2022) welcomed the easing up of travel restrictions to spur economic activities amid the coronavirus disease 2019 (Covid-19) pandemic.(PNA Bacolod file photo) BACOLOD CITY - The Bacolod-based Yanson Group of Bus Companies (YGBC), the country's largest bus firm, has welcomed the easing up of travel restrictions to spur economic activities amid the coronavirus disease 2019 (Covid-19) pandemic. Matriarch Olivia Yanson, corporate secretary and treasurer, said in a statement on Tuesday placing the key cities under Alert Levels 3 and 2 eases people's mobility both for work and leisure. "Mobility directly translates into a bigger demand for public transport. This is a big relief to the transport industry," she added. On Monday, Yanson also underscored this in her message during the annual stockholders' meeting of Goldstar Bus Transit Inc., one of the companies under the YGBC, which is plying major routes in Luzon. Mainly serving the Visayas and Mindanao commuters are Vallacar Transit Inc., Ceres Liner Travel and Tours Inc., Mindanao Star Bus Transport Inc., Bachelor Express Inc., and Southern Star Bus Transport Inc. Leo Rey Yanson, president and chief executive officer, reiterated the company's commitment to providing the Filipino commuters with the most reliable means of public transportation amid the continuing challenges of the Covid-19 pandemic. The elder Yanson had earlier said the YGBC, which has 18,000 employees, is not resorting to retrenchment despite the financial difficulties brought by the health crisis. "Our operations had been greatly affected. Despite the global crisis, my youngest son, Leo Rey, makes sure that no employee will be retrenched," she added. (PNA) }

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Dispute over Yanson bus empire continues, more stockholders' meetings coming – Manila Bulletin


Published January 27, 2021, 4:50 PM
Feuding factions of the Yanson clan continue engage in courtroom battles over control of the country’s biggest bus conglomerate.
“The legal battle for control of the Yanson Group of Bus Companies (YGBC) is far from over. Cases and countersuits are still pending before various courts to show the real majority shareholders and to unmask the impostors,” said Atty. Carlo Joaquin Narvasa, counsel for Yanson siblings Roy, Emily, Ricardo, Jr. and Ma. Lourdes Celina Lopez (Y4).
Speaking on behalf of Y4, Narvasa said said in a statement that nothing will change the fact that 61.18 percent of the company’s outstanding capital stock are registered in the names of his clients.

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OVY, LRY, GYD control Yanson bus business


SunStar
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January 27, 2021
LEO Rey Yanson, Olivia V. Yanson, Ginnette Yanson-Dumancas are now in full control of the Bacolod City-based Yanson Group of Bus Companies which is considered to have the largest transport fleet in the country.
The group set sights on navigating the bus business amid the challenges of the pandemic after Leo Rey was re-elected chairman and president of YGBC's key subsidiaries in a series of stockholders' meetings from December 5, 2020, to January 18, 2021. Olivia was reelected as corporate secretary and treasurer of the same transport companies.
“Despite the challenges faced in 2020, the business remains strong and resilient. It continues to be steadfast in its goal to serve the Filipino people,” said Leo Rey.

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