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Trading Update

29 Apr 2015 12:30

RNS Number : 7026L
UniVision Engineering Ltd
29 April 2015
 



29 April 2015

UniVision Engineering Limited

("UniVision", the "Company" or the "Group")

Trading update

UniVision, the AIM quoted, Hong Kong based designer and installer of digital surveillance and integrated security systems is pleased to announce that it has secured the new contracts with a total value of HK$8.4m (approx. £0.71m on the basis of the current prevailing exchange rate) in Hong Kong in the recent months as following:-

1. Design, supply, delivery, installation, testing and commissioning of Closed Circuits Television (CCTV) Systems for Traffic Control and Surveillance Systemin Central -Wanchai Bypass Tunnel Buildings, Systems and Fittings and Works associated with Tunnel Commissioning. The customer of this Project is the Highways Department of Hong Kong Government.

2. Maintenance contract of CCTV Systems and Data Network at Kai Tak Cruise Terminal. The customer of this Project is the Electrical and Mechanical Services Department of Hong Kong Government.

 

The Board further announces today that the share transfer of Leader Smart Engineering Limited has been executed. The Company's cash and cash equivalents (unaudited) after the demerger is HK$11m (approx.£0.93m). The Group maintains a stable cash flow from its existing and new construction and maintenance contracts which the major customers are the government departments and public companies.

 

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 +44 (0) 7769 906686

 

ZAI Corporate Finance Limited

(Nominated Adviser and Broker) Tel: +44 (0)20 7060 2220

Richard Morrison www.zaicf.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTUKRARVKASUAR
Date   Source Headline
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30th Dec 20107:00 amRNSHalf Yearly Report
10th Dec 20103:10 pmRNSFurther Update on Litigation
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5th Oct 201011:50 amRNSResult of AGM
21st Sep 20101:00 pmRNSNotice of AGM
9th Sep 20105:41 pmRNSFinal Results
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21st Jun 201011:15 amRNSUpdate on Zhongshan shopping mall project
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29th Oct 200912:50 pmRNSResult of AGM
30th Sep 20093:08 pmRNSFinal Results
25th Sep 20094:28 pmRNSTrading Statement
14th Aug 20097:00 amRNSChange of Name of Nominated Adviser and Broker
23rd Apr 200910:26 amRNSContract Win
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4th Mar 20091:12 pmRNSDirectorate Change
4th Feb 20097:00 amRNSVariation of Loan Terms
29th Dec 20087:00 amRNSInterim Results
31st Oct 200811:25 amRNSResult of AGM
27th Oct 20082:59 pmRNSDirector/PDMR Shareholding
22nd Oct 20087:00 amRNSContract Win
30th Sep 20084:09 pmRNSFinal Results
11th Feb 20087:00 amRNSCEPA Certification
4th Feb 20087:00 amRNSContract Win
8th Jan 20087:00 amRNSContract Win & Loan Facility

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