The newly-elected chairman and president of Rural Transit Mindanao Inc. (RTMI) expressed optimism about its business operation. This was the key message of businessman Leo Rey Yanson after having been re-elected chairman and president of RTMI. Yanson assured the public that despite operational challenges, the company remains strong and resilient.…
Leo Rey Yanson re-elected chairman of Rural Transit Mindanao malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.
Published February 12, 2021, 6:00 AM
Two separate boards of directors were elected in two separate stockholders’ meetings held by rival factions of the Yanson family for Rural Transit (Mindanao) Inc., one of the bus companies under the Yanson-owned conglomerate Vallacar Transit Inc.
The group that calls itself the Yanson Four elected anew Roy Yanson as Chairman of the company during their shareholders meeting last February 10 in Cagayan de Oro City.
Claiming majority or 61.17 percent of the outstanding capital stock of the corporation, shareholders of Rural Transit elected anew siblings Roy, Emily, Ma. Lourdes Celina and Ricardo Yanson as members of the Board of Directors of the company for the year 2021 to 2022.