MDLN fundamentals

PT Modernland Realty Tbk engages in the in the purchase, sale, rental, and operation of real estate, both owned and rented, such as apartment buildings, residential buildings, and nonresidential buildings, housing and furnished or unfurnished flats, or apartments for permanent occupancy, either monthly or yearly. It also carries out land sales activities, building development for private operation, dividing real estate into plots without land development, and operating residential areas for movable houses. It operates through three segments: Residential, Industrial and Hospitality. The Residential segment focuses on the projects spread across Banten, Jakarta, Bogor Regency, and Bekasi. The Industrial segment develops ModernCikande Industrial Estate in Cikande area, Banten. The Hospitality segment includes projects that offer hospitality, golf, and country club services. The company was founded on August 8, 1983 and is headquartered in Jakarta, Indonesia.