Annual Report 2023

240 2023 Annual Report Transport International Holdings Limited NOTES TO THE FINANCIAL STATEMENTS (Expressed in Hong Kong dollars unless otherwise indicated) 17 Interest in subsidiaries The following list contains only the particulars of subsidiaries which principally affected the results, assets or liabilities of the Group. The class of shares held is ordinary unless otherwise stated. Percentage of ownership interest Name of company Place of incorporation and business Particulars of issued and paid-up capital Group’s effective interest Held by the Company Held by subsidiaries Principal activity KMB Resources Limited Incorporated in the British Virgin Islands and operates in Hong Kong 1 share of US$1 100 100 – Investment holding The Kowloon Motor Bus Company (1933) Limited Hong Kong 403,639,413 shares 100 – 100 Provision of franchised public bus services in Hong Kong Long Win Bus Company Limited Hong Kong 100,000,000 shares 100 – 100 Provision of franchised public bus services in Hong Kong Sun Bus Limited Hong Kong 2 shares 100 – 100 Provision of non-franchised bus services in Hong Kong Chomang Travel Transport Company Limited Hong Kong 10,000 shares 100 – 100 Provision of non-franchised bus services in Hong Kong Bun Tang Bus Service Company Limited Hong Kong 120,000 shares 100 – 100 Provision of non-franchised bus services in Hong Kong Sau Luen P.L.B. Co., Limited Hong Kong 10,000 shares 100 – 100 Provision of non-franchised bus services in Hong Kong New Hong Kong Bus Company Limited Incorporated in Hong Kong and operates in Hong Kong and the PRC 1,000 shares 100 – 100 Provision of cross-boundary shuttle bus services between Lok Ma Chau (Hong Kong) and Huanggang (Shenzhen) Hoi Tai Tours Limited Incorporated in Hong Kong and operates in Hong Kong and the PRC 20,000 shares 100 – 100 Provision of non-franchised bus services GD Bonwell Champion Tours Co. Limited Incorporated in Hong Kong and operates in Hong Kong and the PRC 10,000 shares 100 – 100 Provision of non-franchised bus services