Univision Engineering Share Discussion Threads

[noirua] 16/10/2023 11:08

On 16 October 2023, the Company was ordered to be wound up by The High Court of Hong Kong SAR in HCCW 323/2023 and the Official Receiver was appointed as the Provisional Liquidator of the Company by virtue of her office.

Winding up by the Court and Appointment of Provisional Liquidator

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 the Winding up petition brought against it by one of its sub-contractors, namely, KML Engineering Limited , which was first announced on 28 July 2023, was heard by the High Court of Hong Kong SAR today.

[noirua] 15/10/2023 10:46

Setting up information concerning Univision's former subsidiary hived off in 2015.

Board of Directors


Proof of existence and still trading of Leader Smart Holdings Limited


Directors of Leader Smart Holdings Limited

[noirua] 11/10/2023 19:12

Fri, 28th Feb 2014 11:19
Alliance News

LONDON (Alliance News) - UniVision Engineering Ltd Friday said it is considering its options for its 51% stake in the Zhongshan Ming Xuan shopping mall project, including retaining it and developing the mall itself, a move that comes days after it was excused having to repay a USD3.95 million loan.

The AIM-listed, Hong Kong-based designer of surveillance and security systems had signed a deal in June 2012 to sell the stake in the mall to Guangzhou Hua Xin Trading Company Ltd for CNY110 million. The sides had updated the deal in August last year, setting a deadline for completion by the end of this month.

In a statement, the company said the sides have now agreed to cancel the deadline date and instead await a decision by the Arbitration Commission in China, which is deciding on a dispute over the commercial terms of a separate agreement that Guangzhou Hua Xin had to buy the other 49% stake in the mall from Fu Li Wa.

However, UniVision added that it is now exploring other options for the mall stake, including the possibility of developing the project itself if it can get further financing, after it was earlier this month let off a USD3.95 million loan it owed Mayne Management Ltd and all interest that had built up.

UniVision Chairman Stephen Koo previously worked for Mayne, and said his personal relationship with the company had been one reason Mayne was willing to cancel the loan without being repaid.

UniVision Friday said the mall was given a market value of CNY295 million in a valuation report last June.

[noirua] 11/10/2023 18:39

Yes, I forgot, there are monthly charges on my SIPP. The trading account goes with this but I rarely use it. I have an ISA with ii.
These are ii charges:
These are HL charges:

I have searched the Guangzhou Arbitration Commission and the Zhongshan Branch of the Guangzhou Arbitration Commission. So far no luck searching.

[zangdook] 11/10/2023 17:33

I have monthly charges with HL. Only a few £.

I don't mind mistakes if they listen when you correct them, but with this LSH problem, they just won't listen. You would have thought the half-witted intern that's made the mistake would have asked her supervisor to check her work by now.

[noirua] 11/10/2023 17:20

I have had no trouble with ii whatsoever.

HL in their last response asked me to provide Director contact details which I will do this evening.

When ii made mistakes they credited me with £25.00 and £50.00 without any request. On the latter occasion, I thought it was my fault for failing to cancel a Canadian order so they were very good about that.
It is however swings and roundabouts as HL have no monthly charges and lower currency exchange costs. ii lower share transaction charges and allow trading in more countries. HL is not a Direct Broker like ii and that might be a hidden problem with the UVEL holding.

[finkwot] 10/10/2023 14:49

I have far less than that, but enough to provide a meaningful return if the shopping mall situation is ever resolved. I presume you've had no trouble from ii?

I haven't time to write a formal complaint today, I'll do it sometime this week. I'd like to bill HL for the hours spent sorting out their incompetence, it takes away from time with my kids.

[noirua] 10/10/2023 14:08

Thanks for your information finkwot. I will check for any replies from HL. My holding is just over 6 million shares in Leader Smart Holdings Limited. Some are held with ii.

Valuing shares in HL is difficult though there was a valuation reported in 2013 for the whole Shopping Mall at over £30 million as converted from Yuan at the time.
UniVision Friday said the mall was given a market value of CNY295 million ( £32,450,000 as of June 10, 2013 ) in a valuation report last June ( June 2013 ).

[finkwot] 10/10/2023 08:39

HL are a pain

[noirua] 29/9/2023 16:42

I did not include the links in the last two posts to HL as I forgot about them.

[noirua] 29/9/2023 15:52

This page proves the companies in Hong Kong:
Moody's Analytics:


It is necessary to click about a bit to get to the right page. It can be stubborn.


Eventually, the page will list all four Leader Smart Companies showing 3 closed and Leader Smart Holdings live.

[noirua] 29/9/2023 15:33

Registration in the British Virgin Islands for Leader Smart Holdings Limited:

[noirua] 29/9/2023 15:27

Leader Smart Holdings Limited:

[noirua] 29/9/2023 14:20

I have also received similar correspondence from HL and replied. They sent a second letter which has also been replied to.

Sometimes staff make decisions knowing HL is an FTSE100 company and small fry like us can be easily disregarded. Whatever happens from here HL will not be bothered.

[noirua] 27/9/2023 12:04

As a result of not being able to publish its Annual Report and Accounts by 29 September 2023 in accordance with AIM Rule 19, trading in the Company's ordinary shares on AIM will be suspended from 7.30am on Monday 2 October 2023.

The Company aims to complete its audit and publish its annual report as soon as possible, after which trading in the Company's ordinary shares is expected to recommence.

Notwithstanding the temporary suspension of trading in the Company's ordinary shares, the Company will continue to make announcements as and when there are developments that requirement announcement in accordance with its obligations under the AIM Rules for Companies.

[zangdook] 27/9/2023 08:03

I'd be interested to know, are winding up petitions a normal part of debt negotiation brinkmanship in Hong Kong?

[noirua] 25/9/2023 17:59

They must be going bonkers all of a sudden at Hargreaves Lansdown not reinstating my Leader Smart Holdings shares.

I do notice the Leader Smart Holdings website is down at the moment -

[noirua] 22/9/2023 15:24

How to pay for reports:

[noirua] 22/9/2023 12:14

This is my reply about to be sent to Hargreaves Lansdown:

To
Mya-Leigh Sim-Jones
Corporate Actions,

I refer to your message concerning Leader Smart Holdings Limited

The company Leader Smart Holdings Limited is a Hong Kong company registered in the British Virgin Islands with one subsidiary Leader Smart Engineering Shanghai Limited.

Leader Smart Holdings Limited is still trading. The following link will take you to prove that it is so.



Leader Smart Holdings Limited（Register Number: F0021801）
Leader Smart Holdings Limited is a Hong Kong company. Registered in Kwun Tong, located on the Shing Yip Street. It has been operating for 7 year 11 month 16 days. You can browse the English name,Chinese Name, Name of History, Directors Information , registration number, date of establishment, date of change of Leader Smart Holdings Limited for free, you can also pay for the credit report of Leader Smart Holdings Limited. Leader Smart Holdings Limited is a Hong Kong company registered in Kwun Tong and located in Chengdu
. On Industry Street, the company has been established for 7 years, 11 months and 16 days. You can browse Leader Smart Holdings Limited's English name, Chinese name, historical name, registration number, establishment date, name change date, directors and other corporate information online, and can provide you with the credit report service of "Leader Smart Holdings Limited".

Register Number/Registration Number : F0021801
Chinese Name/Chinese Name : None
English Name/English name : Leader Smart Holdings Limited
Date of Establishment/Establishment Date : 2015-10-06
Registered Area/Registered Place : Kowloon/Kowloon
Administrative Division/Administrative Division : Kwun Tong/Kwun Tong
Sub District : Hong Kong Company Registered in Kwun Tong, Kwun Tong
Street/street : Hong Kong Company Registered in Shing Yip Street
Company Category/Company Category : Registered Non-Hong Kong Company/Registered Non-Hong Kong Company
Active Status/Company status : Live/Still registered
🛒 Purchase Leader Smart Holdings Limited Detailed Report (including company background, capital information, key personnel, customs data, information on persons subject to enforcement, company risks, etc.)
Website/Website : Leader Smart Holdings Limited Website
Update On/Update Date : 2023-07-19 11:00:24
Source/Source : DATA.GOV.HK

I hope this finally proves the company is live and trading. The last valuation of the Zhongshan Shopping Mall in sterling was in 2015 at £15 million there is no valuation given for the company's Large hotel and Holiday complex in the Yellow Mountains. Huangshan in the Anhui Province of Eastern China.

A person at Hargreaves Lansdown who is an expert on Hong Kong should be able to easily relate to the above.

All the very best -

[zangdook] 22/9/2023 11:17

If they don't sort this out pronto I'll be writing to the chairman.

[finkwot] 22/9/2023 10:50

makes sense