the Rural Transit of Mindanao, Inc. (RTMI) held their annual stockholders meeting on February 10, 2020 and re-elected Olivia V. Yanson, Leo Rey V. Yanson, Charles M. Dumancas, Rey C. Ardo, Anita G. Chua, and Daniel Nicolas P. Golez as members of RTMI’s Board of Directors.
Following which, the board held their organizational meeting where Leo Rey V. Yanson was re-appointed as Chairman of the Board and President of RTMI. And, Olivia V. Yanson was re-appointed as RTMI’s Corporate Secretary and Treasurer.
Despite a proper notice, the stockholders Roy V. Yanson (“Roy”), Ricardo V. Yanson, Jr. (“Ricky”), Ma. Lourdes Celina Y. Lopez (“Celina”), Ma. Susan F. Yanson, and Juan Manuel Lopez were unable to attend the meeting.
The reason for their absence is belived to be because of the several outstanding warrants of arrest against the four siblings, Roy, Celina, Ricky and Emily (the “Y4”) for Carnapping and for Grave Coercion issued by the courts of Bacolod City.
Just recently, warrants of arrest have also been issued against Emily for the crimes of Perjury and Falsification of Vallacar Transit Inc.’s (“VTI”) General Information Sheets (“GIS”). It is those same questionable GISes that are being used by Y4 to claim their majority ownership of VTI.
And despite these unfavorable circumstances in the RTMI management for the past two years. RTMI continues to remain resilient by continuing to be steadfast in its goals to serve the Filipino people.
Rural Transit of Mindanao, Inc. is still headstrong in pursuing its mission to help alleviate the burden of every Filipino by providing safe and quality transportation to everyone.
The newly appointed Board also shared how they are excited to see how they can go past limits and boundaries in order to provide exceptional and quality transport to every Filipino despite the challenges provided by the pandemic.