REG - UniVision Eng Ltd - Contract <Origin Href="QuoteRef">UVEL.L</Origin>

UniVision EngineeringAnnouncement

21/06/2017 11:35

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 workshave been confirmed recently by MTR Corporation Limited inHong 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)7769906686


ZAI Corporate Finance Limited 
(Nominated Adviser and Broker) 
Tel:+44(0)2070602220
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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