Univision secures third supplementary contract with MTR

CCTV and surveillance systems group Univision secured a third supplementary contract with Hong Kong's MTR Corporation on Tuesday.

Univision's new agreement will see the firm provide its uninterrupted power supply service to West Rail Line for core and backbone network equipment to the CCTV data network and has an agreed contract value of HK$29.0m (£2.8m).

The AIM-listed company said that work would be completed and invoiced over the remaining period of the main contract, which runs until November 2023.

Univision's new agreement also closely follows a HK$16.9m (£1.61m) supplementary agreement inked with MTR on 3 July.

As of 1330 BST, Univision shares were up 7.62% at 1.40p.