Yellowdot confirms its good standing, steps taken to resolve investment issue

Yellowdot confirms its good standing, steps taken to resolve 'investment issue'
March 28, 2019 / 1:08 PM

Yellowdot Transport Terminal, Inc. has confirmed today that their company is still in good standing and that they were in the process of amending their SEC registration in response to the Land Transportation Franchising and Regulatory Board's (LTFRB) notice to the public cautioning against public investment to the company.

"Yellowdot’s legal department is working on this matter. Rest assured that our company is in good standing," Yellowdot stated in a Facebook message, assuring that they are indeed compliant to government regulations.

Yellowdot operates modern PUVs dubbed "Millenial Jeeps" on routes spread throughout Metro Manila and Luzon, including SM Fairview-SM Masinag and Cogeo-SM Aura routes.

Also on Facebook: https://www.facebook.com/philbusbulletin/posts/2542973099065600