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MANILA, Philippines --- The faction of the billionaire Yanson family of Bacolod that was ousted last month in a boardroom coup from the country's largest passenger bus firm regained control of the company's headquarters and a key branch over the weekend. TYanson faction retakes control of giant Ceres bus firm from rebel siblings
MANILA, Philippines --- The faction of the billionaire Yanson family of Bacolod that was ousted last month in a boardroom coup from the country's largest passenger bus firm regained control of the company's headquarters and a key branch over the weekend. The Inquirer learned that the camp of Leo Rey Yanson, his sister Ginnette Dumancas and the family matriarch Olivia Villafor Yanson were able to retake the sprawling compound of Vallacar Transit Inc. in Mansilingan and the key south terminal in Bacolod City. The company's headquarters was reclaimed with the help of the Philippine National Police, which said that the installation of a new security agency in the wake of the takeov...Keep on reading: Yanson faction retakes control of giant Ceres bus firm from rebel siblings Read more