LBC Express Holdings, Inc. Announces Resignation of Solita Delantar as Member of the Board of Directors, Effective July 15, 2022
July 14, 2022 at 02:07 am
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LBC Express Holdings, Inc. announced that Ms. Solita V. Delantar resigned as an independent director, Chairwoman of the Audit Committee, member of the Corporate Governance Committee, and member of the Board Risk Oversight Committee of LBC Express Holdings, Inc. effective on 15 July 2022. Reason for Resignation: Due to lack of time which she can devote as a director of the Company.
LBC Express Holdings, Inc. is a Philippines-based holding company. The Company is engaged in retail and corporate courier and cargo, money remittance, and logistics services. Its segments include logistics and money transfer services. Its logistics products are geared toward both retail and corporate clients. The main services offered under its logistics business are domestic and international courier and freight forwarding services (by way of air, sea, and ground transport). The money transfer services segment consists of remittance services (including branch retail services, prepaid remittance cards and online and mobile remit) and bill payment collection and corporate remittance payout services. The money transfer services segment includes an international presence through its branches, which comprises international inbound remittance services. The Company has a network of over 6,400 branches, hubs and warehouses, partners, and agents in approximately 30 countries.