UniVision Engineering announced that on 17 January 2014 it signed an agreement with Mayne Management Limited whereby Mayne has agreed to extend the term of its current loan facility of $3.95 million (Loan Agreement) to 31 March 2015 (Supplementary Agreement VII). The original loan agreement, announced on 8 January 2008, provided for the repayment of the loan by 30 September 2008. Six supplementary agreements were subsequently entered into by the Group on 22 September 2008, 21 January 2009, 25 January 2010, 8 February 2011, 11 January, 2012 and 23 January, 2013 which extended the term of the loan to 31 March 2014.

The loan was made exclusively to finance a shopping mall project in Zhongshan, China, being developed by the Group's wholly-owned Chinese subsidiary, Leader Smart Engineering (Shanghai) Limited.