MANILA, Philippines — Stockholders of Vallacar Transit Inc. (VTI), the largest subsidiary of Yanson Group of Bus Companies, has elected Ma. Lourdes Celine Lopez as their president and chairman.
According to a statement released Monday, the election took place Saturday during an annual shareholders meeting held in SEDA Capitol Central Hotel in Bacolod City.
The meeting, which was presided by Carlo Joaquin Navarasa as a proxy for Lopez, “was attended by stockholders representing 61.17% of the outstanding capital stock of the corporation.”
Lopez, her siblings Roy Yanson, Ricardo Yanson Jr., and Emily Yanson — collectively known as the Yanson four — figured in a family dispute o…
Keep on reading: Lopez elected as president of Vallacar Transit Inc.