REPORT OF THE AUDITORS
TO THE MEMBERS OF THE KOWLOON MOTOR BUS COMPANY (1933) LIMITED
We have audited the accounts set out on pages 35 to 46 in accordance with approved Auditing Standards.
In our opinion, the accounts give a true and fair view of the state of the Company's affairs at 31st December, 1989 and of the profit and changes in financial position for the year ended on that date. and have been properly prepared in accordance with the Companies Ordinance.
KPMG Peat Marwick
Certified Public Accountants
Hong Kong, 4th April, 1990
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