(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
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Univision (UVEL)