Yanson matriarch Olivia V. Yanson said she foresees a better transport business this year as she leads the annual meeting of the family’s bus companies.
“We see establishments or activities shall be allowed to operate on a more relaxed atmosphere,” Yanson said during one of its unit’s annual stockholders’ meeting.
“We are confident that workers of establishments and business sectors are fully vaccinated against Covid-19 in the months to come,” she said. “This situation will then translate to better mobility of people which translates to increased public transport need.”
Earlier this week, the stockholders of Southern Star Bus Transport Inc. re-elected as directors Olivia, Leo Rey Yanson, Ginnette Y. Dumancas, Charles M. Dumancas and Arvin John V. Villaruel, the company said in a statement.
Following the election of the directors, the board held an organizational meeting wherein Leo Rey was re-appointed as chairman of the board and president of the company, while its matriarch was re-appointed as its corporate secretary and treasurer.
Previously, on January 15 and 16, Olivia and Leo Rey also led the election of directors and officers in sister companies Mindanao Star Bus Transport Inc. and Bachelor Express Inc., while on December 4 and January 3, Olivia and Leo Rey also spearheaded the election of directors and officers in Vallacar Transit Inc. and Ceres Liner Travel and Tours Inc.
On October 21, 2021, a Bacolod City court appointed Olivia V. Yanson as the special administrator of the estate of her late spouse Ricardo B. Yanson. Spouses Ricardo and Olivia founded the Ceres Bus Lines, which now includes its other brand.
As special administrator, Olivia is in charge of the preservation and management of the estate of her late husband Ricardo.
In all of these annual meetings, stockholders Roy V. Yanson, Ma. Lourdes Celina Yanson-Lopez and Ricardo V. Yanson Jr., who were all part of the Yanson faction of the family, did not attend despite due notice to them.
“Roy, Celina and Ricky are believed to be unable to attend the meetings because they are currently abroad together with their sister Emily,” the company said.