The Y3 or Olivia Yanson-led faction of the owners of the Ceres Group of Bus Companies has declared anew that it has retained control of another bus company in Mindanao.
DNX is printing their release in full
On 17 January 2021, Bachelor Express, Inc. (“BEI”) held its annual stockholders’ meeting.
During the meeting, Olivia V. Yanson, Leo Rey V. Yanson, Ginnette Y. Dumancas, Charles M. Dumancas, Rey C. Ardo, Arvin John V. Villaruel, Anita G. Chua, Daniel Nicolas P. Golez, Hernan B. Omecillo, Danny O. Lorenton, and Alfredo O. Ligo, Jr. were re-elected as members of BEI’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 BEI, while Olivia V. Yanson was re-appointed as BEI’s Corporate Secretary and Treasurer.
Despite proper and timely notice, stockholders Roy V. Yanson (“Roy”), Ricardo V. Yanson, Jr. (“Ricky”), and Ma. Lourdes Celina Y. Lopez (“Celina”) were absent.
Roy, Celina and Ricky are believed to be unable to attend the meeting because they are currently hiding abroad as fugitives from justice together with their sister Emily V. Yanson (“Emily”). As of this writing, there are several outstanding warrants of arrest against the four siblings, Roy, Celina, Ricky and Emily (the “Y4”) for Carnapping and for Qualified Theft 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.
The Chairman and President, Leo Rey V. Yanson confirms that despite the challenges faced in 2020, BEI remains strong and resilient. It continues to be steadfast in its goal to serve the Filipino people. BEI remains committed to providing the riding public with the most reliable means of public transportation for all.
The newly appointed Board is excited to see how they can continue to push boundaries to provide quality transportation to every Filipino in this great nation despite the challenges of the pandemic.
BACHELOR EXPRESS, INC.