StockMarketWire.com - Hong Kong-based surveillance system provider UniVision said it had signed a sub-contract agreement with a joint venture between China Railway Engineering and China Railway Wuhan Electrification Engineering.

UniVision said working with the joint venture, rather than a wide range of smaller sub-contractors, would boost its contractual gross margins. with them as soon as possible."

At 1:24pm: [LON:UVEL] Univision Engineering Ltd share price was +0.2p at 2.2p



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