Mindanao Star Bus Transit Inc. (MSBTI) said it will support the economic growth of Central Mindanao in terms of boosting passengers mobility and transportation of agricultural products.
“Mindanao Star Bus is committed to spurring and sustaining social and economic activities in this region by providing safe, dependable and affordable public transport,” said Leo Rey Yanson, the newly re-elected chairman and president of the company after the stockholders’ meeting held on January 20, 2024 in Cagayan de Oro City.
Central Mindanao or SOCCSARGEN (Region XII), which includes South Cotabato, Sultan Kudarat, Cotabato and Sarangani provinces and General Santos City, is also the Philippines’ top tuna producer, accounting for 80 percent of the industry. The region is also famous for aquaculture products, livestocks and high-value crops.
Mindanao Star Bus serves major transport routes in SOCCSARGEN offering reliable and accessible transportation.
The re-elected MBSTI board members include Olivia V. Yanson, Leo Rey Yanson, Ginnette Y. Dumancas, Charles Dumancas, Arvin John Villaruel and Rey Ardo. An organizational meeting followed, where Leo Rey Yanson was re-appointed as chairman and president, and Olivia V. Yanson as corporate secretary and treasurer, a company statement said.
Meanwhile, Yanson family matriarch Olivia V. Yanson led the annual stockholders’ meeting of Bachelor Express Inc. (BEI) on January 21, 2024.
BEI stockholders re-elected Olivia, Leo Rey Yanson, Ginnette Dumancas, Charles Dumancas, Arvin John Villaruel, Rey Ardo, Anita Chua, Daniel Nicolas Golez, Danny Lorenton, Hernan Omecillo and Alfredo Ligo Jr. as board members, the company said.
Following the election, the board re-appointed Leo Rey as president and CEO and Olivia Yanson as treasurer and corporate secretary.
Mindanao Star Bus and Bachelor Express are affiliates of the Yanson Group of Bus Companies, one of Southeast Asia’s largest transport conglomerates, providing direct livelihood to over 18,000 employees.