UniVision Engineering Ltd Contract (7599I)
21 June 2017 - 8:32PM
UK Regulatory
TIDMUVEL
RNS Number : 7599I
UniVision Engineering Ltd
21 June 2017
21 June 2017
UniVision Engineering Limited
("UniVision", the "Company" or the "Group")
Additional works for the MTR contract
UniVision, the Hong Kong based group whose principal activities
are the supply, design, installation and maintenance of closed
circuit television (CCTV) and surveillance systems, and the sale of
security related products, is delighted to announce that additional
works have been confirmed recently by MTR Corporation Limited in
Hong Kong ("MTR Corporation") under the contract for the
replacement and provision of the CCTV systems for 84 MTR stations
and 69 stops of Light Rail following the award of the Contract as
announced on 12 May 2017. ("the Contract")
The additional works are for the provision of Optical Fibre
Cables for Tseung Kwan O Line Tunnel Sections, and are part of the
optional works as allowed under the Contract.
The value of the additional works is HK$7m (GBP0.7m) and has not
been included in the original contract sum of HK$389.4m (GBP38.1m)
as announced on 12 May 2017. The total value of the Contract
including the additional works is therefore HK$396.4m
(GBP38.8m).
For further information visit www.uvel.com or contact:
UniVision Engineering Limited Tel: +852 2389
3256
Stephen Koo, Chairman www.uvel.com
Chun Pan Wong, Chief Executive
Officer
Danny Kwok Fai Yip, Finance
Director
Nicholas Lyth, Non-Executive Tel: +44 (0)
Director 7769 906686
ZAI Corporate Finance Limited Tel: +44 (0)
(Nominated Adviser and Broker) 20 7060 2220
Dugald J. Carlean /Tim Cofman www.zaicf.com
This information is provided by RNS
The company news service from the London Stock Exchange
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