Shown during the December 7, 2024 annual stockholders’ meeting of Vallacar Transit Inc. are the re-elected company officers and directors (from left) Anita G. Chua, Daniel Nicolas P. Golez, Leo Rey V. Yanson, Olivia V. Yanson, Ginnette Y. Dumancas, Charles M. Dumancas and Arvin V. Villaruel.
Yanson Group reiterates commitment to provide reliable public transport
THE newly re-elected top official of Vallacar Transit Inc. (VTI) has pledged to continuously provide reliable public transport services across all routes they serve.
Leo Rey Yanson, VTI’s chairman and president, made this commitment during the company’s recent stockholders’ meeting.
VTI is one of the affiliate companies under the Yanson Group of Bus Companies (YGBC), the operator of Ceres Transport, and one of the largest transport providers in the country.
The Yanson family matriarch Olivia Yanson presided over the meeting on Dec. 6, 2024, in her dual roles as co-founder and court-appointed special administrator of the estate of her late husband Ricardo B. Yanson Sr., co-founder of YGBC.
A Bacolod court appointed Olivia to the administrator role in October 2021. The couple established YGBC in 1968.
The meeting, held at the company’s headquarters in Bacolod City, saw the reelection of Olivia, Leo Rey, Ginnette Dumancas, Charles Dumancas, Anita Chua, Arvin John Villaruel, and Daniel Nicolas Golez to the board of directors.
Following the annual meeting, the board re-appointed Leo Rey as VTI’s chairman and president and Olivia as corporate secretary and treasurer.
The Bacolod-based Yanson Group, whose units ply across Luzon, Visayas, and Mindanao operates a fleet of buses with more than 18,000 employees across the country.
The company operates and owns Ceres Liner Travel and Tours Inc., Ceres Transport Inc., Mindanao Star Bus Transport Inc., Bachelor Express Inc., Southern Star Bus Transport Inc., Gold Star Bus Transit Inc., and Rural Transit (Mindanao) Inc.
