Modern Living Investments Holdings SEHK:8426 Stock Report

About the Company

Modern Living Investments Holdings Limited, an investment holding company, offers property management services for public housing in Hong Kong. The company provides estate management services, such as entailing general management that includes daily management of facilities, regularly inspect the facilities, oversee the cleanliness of the estates, waste collection, disposal arrangements, handling typhoon, flooding, fire hazard, criminal activities, and disruption to public utilities services; tenancy management that includes new tenant taking up a flat, preparing the tenancy agreement, cleaning up the unit and handing over the vacant possession of the flat to the new tenant, complaint and enquiry facilities, centralized control room with security guard on duty, and assisting the housing authority in enforcing the terms and conditions of the tenancy agreement; financial service that includes collect of payment, finance and budgetary control, preparation of financial accounts, and bookkeeping and accounting services; minor repairs and maintenance services that includes technical inspections and appraisal, building services, and building maintenance works; project management services that includes professional consultancy services; security services that includes patrolling, guarding, checking the functioning, reporting to the police, fire services department, evacuating the residents, and testing; and cleaning services, such as providing recycling bins, separate the recycling materials with household refuse, implement programs or initiatives on promoting waste reduction, and distribute degradable garbage bags. It is also involved in the research and development activities.