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Pin to quick picksUnivision Share News (UVEL)

  • This share is currently suspended. It was suspended at a price of 0.15

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Hong Kong High Court orders UniVision Engineering to be wound up

Mon, 16th Oct 2023 16:44

(Alliance News) - UniVision Engineering Ltd on Monday said it has been ordered to be wound up by the High Court in Hong Kong.

UniVision Engineering is a Hong Kong-based company that supplies, designs, installs and maintains closed-circuit television and surveillance systems, and also sells security-related products. Its shares are suspended at 0.19 pence each in London.

UniVision said that the winding up petition, brought against it by one of its sub-contractors, KML Engineering Ltd, was heard by the High Court in Hong Kong on Monday.

The High Court ordered the company to be wound up and a provisional liquidator was appointed.

The winding up position was first announced on July 28.

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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