Hi,
The Flex_Bus of K64 is in 8086 mode instead of 68K mode.
This is the reading timing:

This is writing timing:

Compare the two timing, you can see that the /FB_OE low and the FB_RW high are observed in reading timing, the /FB_OE high and the FB_RW low are observed in writing timing.
If the timing is 68K mode, the /FB_OE is always low no matter whether it is reading or writing.
Hope it can help you
BR
XiangJun Rong