Contract

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 (£0.7m) and has not been included in the original contract sum of HK$389.4m (£38.1m) as announced on 12 May 2017. The total value of the Contract including the additional works is therefore HK$396.4m (£38.8m).

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 Director

Tel: +44 (0) 7769 906686



ZAI Corporate Finance Limited                                       

(Nominated Adviser and Broker)                                 

Tel: +44 (0) 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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