CERES Transport Inc. (CTI), one of the companies owned and managed by the Yanson Group of Bus Companies held its annual stockholders’ meeting on February 07, 2022. CTI is one of the largest bus companies servicing and plying major routes in Luzon.
The Yanson matriarch Olivia V. Yanson led the meeting and annual election of directors.
Reelected directors are Olivia V. Yanson, Leo Rey Yanson, Ginnette Y. Dumancas, Charles M. Dumancas, Rey C. Ardo, Daniel Nicolas P. Golez, Arvin John V. Villaruel, Anita G. Chua, Joseph Ellery L. Villanueva, Hernan B. Omecillo, and Alfredo O. Ligo.
Stockholders Roy V. Yanson and Ricardo V. Yanson Jr. were absent despite due notices sent to them, CTI said in a statement.
Roy and Ricky are believed to be out of the country, together with their sisters Emily V. Yanson and Ma. Lourdes Celina Yanson-Lopez.
Leo Rey V. Yanson said the company is committed to providing the riding public with the most reliable means of public transportation amid the challenges of the pandemic.
A Bacolod City court, in an October 2021 decision, granted Olivia the mandate to oversee and administer the estate of her late husband Ricardo Yanson who co-founded with Olivia in 1968 the Yanson Group of Bus Companies.