Danish service company ISS comments in a press release on its involvement in the major property fire at Wang Fuk Court in Hong Kong, which claimed more than 150 lives.

The company's unit, ISS EastPoint Properties, ISS EPPL, was contracted by the owners' association of Wang Fuk Court. ISS EPPL provides administrative support and certain on-site services for the owner and arranges for specialist services to be performed by third parties.

These third parties are selected and appointed by the owners, not by ISS EPPL.

ISS EPPL did not perform the installation, maintenance, and inspection of fire protection equipment at Wang Fuk Court. In Hong Kong, these services must be performed by a licensed registered contractor in accordance with the law. As a service agent, ISS EPPL arranged for these services to be performed by the contractor in accordance with the relevant laws and regulations.

With regard to the major renovation work, ISS EPPL was not involved in the selection of the building contractor and was not responsible for supervising the renovation; that responsibility lies with the appointed professional consultant and the registered building contractor.

ISS shares fell 7.7 percent on the Copenhagen Stock Exchange on Tuesday.