Company: IDVV
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001683168-25-006029
Chunk: 78

Company: ModuLink Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part II, Item 8
Chunk 78
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 Company Limited, a Hong Kong limited liability company, is a technology development company focused on AWG and building management systems with built-in software to enable real-time monitoring and control.
  
    (6)
    Zenith AY Modular Buildings Company Limited, a Hong Kong limited liability company, is an investment holding and project investment company
  
    (7)
    ModuLink Australia Pty. Ltd., an Australian limited liability company, is a project management company that facilitates project development in Australia. Each of Zenith AY Modular Buildings Company Limited and Zenith (PMS) Limited, a Hong Kong company, hold 40% and 60% of the outstanding securities of ModuLink Australia Pty. Ltd. TAM, Hin Wah Anthony, our Chairman of the Board, is the director and controlling shareholder of Zenith (PMS) Limited.

Business and Financial plans

The Company has not undertaken
any MiC projects since 2024 but has strategically dedicated its efforts to essential groundwork - such as regulatory planning, site selection,
and capital to support the successful rollout of future projects. The Company is currently working to identify cost-effective areas and
or engaging in feasibility discussions with local partners and landowners to assess project viability and strategic alignment in Australia
and Hong Kong. The Company hopes to commence one to two MiC projects in 2025 contingent upon successfully securing requisite funding. 

In January 2025, we began
providing design and management services for a residential property in Hong Kong. We also continued our MiC business development efforts
and the provision of design services management with Zenith (HK). ModuLink is actively exploring potential development projects in Australia,
North America and various parts of Europe. Concurrently, ModuLink InnoTech Company Limited expects to continue to invest in the research
and development of AWG and IoT technologies, aiming to integrate these cutting-edge innovations into the smart, sustainable homes that
the ModuLink group will build in the future.

Australia: Affordable Housing for Elderly or
Retirement Communities

In Australia, Zenith AY Modular
Buildings Limited and our affiliated company, ModuLink Australia Pty Ltd. are evaluating potential affordable housing projects located
in the New South Wales and Victoria regions targeted at elderly or retired residents. Under this initiative, project-specific joint venture
entities will be established to lead the planning, project financing, sales and promotion of the properties. ModuLink Australia Pty Ltd.
will be responsible for project management and architectural design by leveraging its core expertise in modular construction