Brief: Univision Engineering Receives Notice Of Termination Contract With Mtr Corporation Ltd

UniVision Engineering

17/06/2022 12:31

June 17 (Reuters) - UniVision Engineering Ltd  UVEL.L :
    * UNIVISION ENG LTD  - NOTICE OF CONTRACT TERMINATION
    * UNIVISION ENGINEERING LTD - IT HAS RECEIVED FORMAL NOTICE
THIS
WEEK OF TERMINATION OF ITS CONTRACT WITH MTR CORPORATION LTD
    * UNIVISION ENGINEERING LTD -  TERMINATION OF ITS CONTRACT
FOR
REPLACEMENT WORKS OF CCTV SYSTEMS FOR MTRC'S RAILWAY LINES IN
HONG KONG,
    * UNIVISION ENGINEERING LTD -  COMPANY CONTESTS TERMINATION
AND
CONTINUES TO TRY AND NEGOTIATE WITH MTRC TO RESOLVE MATTER.
    * UNIVISION ENGINEERING LTD - TERMINATION OF CONTRACT WOULD
REPRESENT A SIGNIFICANT LOSS OF FUTURE REVENUE AND PROFITABILITY
FOR GROUP.

Source text for Eikon:  ID:nRSQ3105Pa 
Further company coverage:  UVEL.L 

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