Share Fall18 May 2017 03:50
The £38.1m contract is until 2023, 6 years. Representing £6.35m per annum and trebles the average for the company. Contracts are tightly priced in Hong Kong as stated by Chairman Stephen Koo. Updating the existing analogue CCTV system installed in the stations along ISL, KTL, TWL, TKL, AEL, TCL, DRL, EAL, MOL and WRL and the Internet Protocol (IP) CCTV system installed at 22 stops in LRL with a unified IP-based CCTV system, benefits UVEL as they are replacing their own equipment.