CLAN RIFT WORSENS: ‘Yanson 4’ elects sister as Bachelor Express head

By Dolly Yasa

BACOLOD City – Roy, Ricardo, Jr., Emily Yanson and Celina Yanson-Lopez—referred to as the “Yanson 4” – elected Emily as president of Bachelor Express Inc, a sister company of Vallacar Transit Inc (VTI).

In a statement issued on Monday, by Atty. Carlo Joaquin Narvasa said the annual Bachelor Express shareholders meeting was held on Jan. 19, 2020 at Seda Centrio Hotel in Cagayan de Oro City with Roy as presiding officer and chairman.

Elected to the board of directors for 2020-2021 are the Yanson 4, Jerina Louise Ramos, and Matthew Agustine Lopez.

Narvasa said that during the meeting, the shareholders resolved to ratify all the acts and transactions of the Board of Directors and management of the corporation under Roy’s leadership.

The shareholders also rejected all unauthorized acts made by the camp of Leo Rey Yanson and asked him and their sibling, Ginnette Yanson-Dumancas, to submit an accounting of corporate funds, properties, and papers of the company for 2019, Narvasa said.

Recently, Mindanao Star Bus Transport Inc. also appointed Leo Rey as president after the annual stockholders’ meeting on Jan 18.

The two elections are still offshoots of the ongoing rift in the Yanson family over control of VTI and other bust firms that serve the Visayas and Mindanao regions.