UniVision Engineering Ltd Response to Winding up Petition (5548J)
13 12월 2022 - 8:11PM
UK Regulatory
TIDMUVEL
RNS Number : 5548J
UniVision Engineering Ltd
13 December 2022
The information contained within this announcement is deemed by
the Company to constitute inside information stipulated under the
Market Abuse Regulation (EU) No. 596/2014 (as in force in the
United Kingdom pursuant to the European Union (Withdrawal) Act
2018). Upon the publication of this announcement via the Regulatory
Information Service, this inside information is now considered to
be in the public domain.
13 December 2022
UniVision Engineering Limited
("UniVision", the "Company" or the "Group")
Response to Winding up Petition
UniVision (AIM: UVEL), 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, announces that it has received a
winding up petition ("the Petition") that has been brought by one
of its equipment suppliers for the contract with MTR Corporation,
namely, Synnex Technology International (HK) Limited ("Synnex"), in
the High Court in Hong Kong. The Petition alleges outstanding debts
owed by the Company of HK$12,945,834 (approximately GBP1.358
million) to Synnex in respect of equipment supplied to the Company.
Synnex has presented the Petition for the Company to be wound up
pursuant to the provisions of the Companies (Winding Up and
Miscellaneous Provisions) Ordinance (Cap.32) in Hong Kong. The date
of the Court hearing has been set for 8 February 2023.
Negotiations remain ongoing with Synnex in order to resolve this
matter.
Further announcements will be made if and when appropriate.
ENDS
For further information visit www.uvel.com or contact :
UniVision Engineering Limited Tel: +852 2389 3256
Stephen Koo, Chairman www.uvel.com
SPARK Advisory Partners Limited Tel: +44 (0)20 3368 3551
(Nominated Adviser)
Mark Brady / Neil Baldwin www. sparkadvisorypartners.com
SI Capital Limited (Broker) Tel: +44 (0)1483 413500
www.sicapital.co.uk
Nick Emerson
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END
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