CMB services were completely suspended, and traffic on Hong Kong Island ran into chaos.
In March the same year, Citybus applied to operate the route 12A which CMB had previously requested to be cancelled due to low patronage.
The application was approved, and services by Citybus commenced in September 1991 with air-conditioned Leyland Olympian double deckers.
When the Government decided to implement the Octopus card system in 1997 for public transport, CMB rejected to follow.
CMB, KMB and Citybus joined in the tender; however it happened to be New World First Bus (NWFB), a completely new bus operator in Hong Kong formed by a joint venture between New World Development and FirstGroup, which won the tender in the end.
At midnight on 1 September 1998, CMB ceased to operate bus services with the expiry of its tender, and the routes were taken over by NWFB.