RURAL TRANSIT (MINDANAO) INC. HOLDS ANNUAL MEETING OF STOCKHOLDERS; OVY AND LRY REMAIN IN CONTROL
Rural Transit (Mindanao) Inc. holds annual meeting of stockholders. OVY and LRY remain in control.
On Feb. 10, 2021, Rural Transit (Mindanao), Inc. (“RTMI”) held its annual stockholders’ meeting.
During the meeting, Olivia V. Yanson, Leo Rey V. Yanson, Charles M. Dumancas, Rey C. Ardo, Anita G. Chua, and Daniel Nicolas P. Golez were re-elected as members of RTMI’s Board of Directors.
Following the election of the directors, the Board held an organizational meeting wherein Leo Rey V. Yanson was re-appointed as Chairman of the Board and President of RTMI, while Olivia V. Yanson was re-appointed as RTMI’s Corporate Secretary and Treasurer.
Despite proper and timely notice, 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 absent.
Roy, Celina and Ricky are believed to be unable to attend the meeting because they are currently abroad together with their sister Emily V. Yanson (“Emily”).
Chairman and President Leo Rey V. Yanson assures the public that despite the challenges faced in 2020, RTMI remains strong and resilient. It continues to be steadfast in its goal to serve the Filipino people. RTMI remains committed to providing the riding public with the most reliable means of public transportation.
The newly appointed Board is excited to see how they can continue to push boundaries to provide quality transportation to every Filipino despite the challenges of the pandemic.