1989 — Page 14

CHAIRMAN'S STATEMENT

主席報告

AMENDMENT TO ARTICLES OF ASSOCIATION

The Directors propose to make certain

amendments to the Company's

Articles of Association so as to bring them in line with current legislation and

the stock exchange listing requirements. A resolution to this effect will be put forward for Shareholders' approval at an Extraordinary General Meeting to

be held immediately before the forthcoming Ordinary Yearly Meeting. on 14th June, 1990. Further details will be included in a Circular to Shareholders to be despatched together with the 1989 Annual Report.

OUTLOOK

In overall terms, ridership is likely to

remain fairly constant over the next

year or so. The gradual depopulation of Urban Kowloon will be offset by

the growth of the new towns

especially Ma On Shan and Tseung

Kwan O, and will result in a continued

shift in ridership to the New

Territories routes. The recent changes

of Government policy to allow more

non-franchised buses to provide

residents' services and the drastic increase in fuel duty imposed by Government on 7th March, 1990 are matters of some concern.

On a more positive note, air- conditioned buses will be operated to meet the higher demand for comfort. It is envisaged that the use of air- conditioned vehicles will improve KMB's ridership.

修訂公司組織章程

董事會建議修訂公司組織章程之部份內容

以配合現時之法例及交易所之上市守則。

該修訂議案將於一九九零年六月十四日在

全體股東週年常會前舉行之股東特別大會

上提呈各股東通過。詳細資料將連同

一九八九年年報郵寄各股東。

展望

整體而言,未來數年之乘客人數將頗為

穩定。但新市鎮如馬鞍山及將軍澳之人口

增長將可抵銷九龍市區人口逐漸減少

之數,並且更會持續增加新界巴士乘客之

數量。對於政府改變一貫政策、批准更多

非專利巴士為住區乘客提供服務,以及

政府於一九九零年三月七日起大幅提高

燃油稅,均令本公司深表關注。

從積極方面來看,基於乘客對舒適服務

的要求有所提高,本公司將會使用更多

冷氣巴士以迎合需求。預計使用冷氣巴士

後,九巴之乘客人數將會增加。

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