PolyU Library
Journal Call no.AP8.W56
AuthorLi, Sandy.
Article TitleCMB or not to be? : utility firms pilloried for profiting from land sales / Sandy Li.
Is Part OfWindow ; v.4, no.6, 17 Feb 1995, p.48-49, illus.
AbstractThe Executive Council rejected a planned fare-stabilisation fund designed to force bus companies to set aside property profits to hold down fare rises. CMB and Kowloon Motor Bus are asking for annual fare increases even after making huge profits from land sales. The Democratic Party has urged the Hongkong Government to immediately revoke CMB's franchise.