【DESTINI 7212 交流专区】德斯迪

icy97

Name	UTARASAMA MARINE SDN. BHD.
Address	7-1A, Medan Bukit Permai 2 Blok 3 Taman Bukit Permai Cheras 56100 Wilayah Persekutuan Malaysia.
Company No.	545440M
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	03 Aug 2017	10,126,667	Disposed	Direct Interest
	Name of registered holder	UTARASAMA MARINE SDN. BHD.
	Address of registered holder	7-1A, Medan Bukit Permai 2 Blok 3, Taman Bukit Permai 56100 Cheras, Kuala Lumpur
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Disposal of shares via off market transactions
Nature of interest	Direct Interest
Direct (units)	96,000,333
Direct (%)	8.31
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	96,000,333
Date of notice	22 Aug 2017
Date notice received by Listed Issuer	22 Aug 2017

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2017	30 Jun 2016	30 Jun 2017	30 Jun 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	162,966	108,611	386,683	190,363
2	Profit/(loss) before tax	7,426	11,821	20,406	21,438
3	Profit/(loss) for the period	5,518	8,597	14,704	15,326
4	Profit/(loss) attributable to ordinary equity holders of the parent	6,130	8,899	16,179	16,064
5	Basic earnings/(loss) per share (Subunit)	0.53	0.96	1.40	1.73
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4294		0.4167

icy97

Name	BPH CAPITAL SDN BHD
Address	Kompleks Sri Wonder No. 88-2-49 Lintang Sungai Pinang Penang 10150 Pulau Pinang Malaysia.
Company No.	919022U
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	05 Sep 2017	7,500,000	Acquired	Direct Interest
	Name of registered holder	BPH CAPITAL SDN BHD
	Address of registered holder	Kompleks Sri Wonder No. 88-2-49 Lintang Sungai Pinang 10150 Pulau Pinang
	Description of "Others" Type of Transaction
2	08 Sep 2017	7,500,000	Acquired	Direct Interest
	Name of registered holder	BPH CAPITAL SDN BHD
	Address of registered holder	Kompleks Sri Wonder No. 88-2-49 Lintang Sungai Pinang 10150 Pulau Pinang
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquisition of shares via off market transaction
Nature of interest	Direct Interest
Direct (units)	270,349,712
Direct (%)	23.402
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	270,349,712
Date of notice	08 Sep 2017
Date notice received by Listed Issuer	08 Sep 2017

icy97

DESTINI偕联邦国际
竞标南亚东盟油气项目

2017年11月11日
（吉隆坡10日讯）DESTINI（DESTINI，7212，主板贸易股）与新加坡上市公司——联邦国际（Federal International）签署联营协议，双方协议在未来合作一同竞标南亚和东南亚的油气项目。

DESTINI今日发文告指出，独资子公司Destini Oil Services 和联邦国际旗下的Federal Hardware Engineering，将在新加坡成立一个新联营公司，双方将各占50%股权。

根据协议，双方将会各取所长，并一同竞标南亚和东南亚地区的油气项目，包括新开发的浮动生产系统、运输和安装服务、关闭油井和油田解散服务以及井下和修井服务。

DESTINI董事经理拿督罗查比阿都拉曼称，通过将服务范围扩大，新合资企业将为公司的油气业务开创新商机。

“新联营企业的成立，预计可在2018年首季完成。”

根据文告，上述计划将不会对公司2017财年的净资产、负债和每股净利有任何影响。【e南洋】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	DESTINI BERHAD - PROPOSED JOINT VENTURE BETWEEN DESTINI OIL SERVICES SDN BHD AND FEDERAL HARDWARE ENGINEERING CO. PTE LTD
The respective Board of Directors of Destini Bhd (“Destini”) and Federal International (2000) Ltd (“Federal International”) wish to announce that Destini Oil Services Sdn Bhd (“DOS”), a wholly-owned subsidiary of Destini, had on 10 November 2017, entered into a joint venture and shareholders agreement (“JV Agreement”) with Federal Hardware Engineering Co. Pte Ltd (“Federal Hardware”), a wholly-owned subsidiary of Federal International, a publicly listed company on the Mainboard of the Singapore Stock Exchange (“SGX”), for the purpose of, amongst others, undertaking the business of oil and gas (“O&G”) activities leading into drilling and related services, well intervention services, offshore greenfield development and decommissioning services in the South Asia and South-East Asia region (“Business”), via a joint venture company (“JV Company”), to be incorporated in the Republic of Singapore (“Singapore”) within one (1) month from the date of completion of the JV Agreement (“Proposed Joint Venture”). The details of the above matter are set out in the attachment herein. This announcement is dated 10 November 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5599677

Attachments Destini - Announcement on JVA with Federal.PDF Destini-Press Release.pdf

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PROPOSED SUBSCRIPTION OF 70% EQUITY INTEREST IN AMS MARINE PTE LTD
The Board of Directors of Destini wishes to announce that Destini Armada Pte Ltd, a wholly-owned subsidiary of the Company, had on 27 November 2017, entered into a share subscription and shareholders agreement (“SSA”) with AMS Marine Pte Ltd (“AMS”) and its existing shareholders, namely SZW Investments Pte Ltd, KNH Investments Pte Ltd and Lazmin Binte Ibriam, to subscribe for 4.2 million new ordinary shares in AMS, representing 70% of the enlarged issued and paid up capital of AMS for a total cash consideration of Singaporean Dollar 1.00 only (equivalent to approximately RM3.07) only, subject to the terms and conditions of the SSA (“Proposed Subscription”). Further details of the Proposed Subscription are set out in the attachment below. This announcement is dated 27 November 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5617469

Attachments Destini - Press Release.pdf Destini - Proposed Subscription.pdf

icy97

MRO海事制造盈利增
DESTINI第三季多赚79%

2017年11月30日
（吉隆坡29日讯）航空业务的保养、维修及翻修（MRO）服务和海事制造业务盈利增加，带动DESTINI（DESTINI，7212，主板贸易股）截至9月30日第三季净利按年激增78.58%。

该集团第三季净利从上财年同季的495万3000令吉或每股0.50仙，扩大至884万5000令吉或每股0.77仙。

同时，营业额按年飙涨2.92倍，从4862万1000令吉，增加至1亿9090万令吉。

合计首九个月，净利按年上升19.07%，达2502万3000令吉或每股2.17仙；而营业额则劲升1.42倍，达5亿7759万令吉。

DESTINI集团董事经理拿督罗查比阿都拉曼说，航空业务持续从大马政府获得的MRO服务合约，取得持续性收入，还有来自大马海事执法机构（MMEA）的军事造船活动。

他补充，扣除不可预见的情况，看好集团可加强在行内及市场的地位。【e南洋】

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2017	30 Sep 2016	30 Sep 2017	30 Sep 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	190,902	48,621	577,586	238,984
2	Profit/(loss) before tax	15,820	3,896	36,225	25,334
3	Profit/(loss) for the period	9,772	3,883	24,475	19,208
4	Profit/(loss) attributable to ordinary equity holders of the parent	8,845	4,953	25,023	21,016
5	Basic earnings/(loss) per share (Subunit)	0.77	0.50	2.17	2.21
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4368		0.4167

icy97

icy97 发表于 2-12-2017 04:59 AM
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5617469

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	DESTINI BERHAD ("DESTINI" OR "COMPANY") - PROPOSED SUBSCRIPTION OF 70% EQUITY INTEREST IN AMS MARINE PTE LTD
We refer to the Company’s announcement on 27 November 2017 in relation to the Proposed Subscription. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcement in relation to the Proposed Subscription. The Board of Director of Destini wishes to announce that all the conditions precedent as set out in the SSA have been fulfilled. This marks the completion of the Proposed Subscription. With the completion of the Proposed Subscription, AMS is now a 70%-owned subsidiary of Destini Armada. This Announcement is dated 4 December 2017.

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	ACQUISITION OF SHARE IN DESTINI RAIL SDN. BHD.
The Board of Directors of Destini Berhad (“Destini” or “the Company”) is pleased to announce that the Company had, on 14 December 2017 acquired and completed the acquisition of 1 ordinary shares in Destini Rail Sdn. Bhd. (“DRSB”) from Abdul Rahman Bin Mohamed Rejab, representing the 100% of the issued and paid-up share capital of DRSB for a purchase consideration of RM1.00 only to be satisfied entirely via cash ("Acquisition"). With the completion of the Acquisition, DRSB is now a wholly-owned subsidiary company of Destini. DRSB is a private limited company incorporated in Malaysia and is intended to carry out the business of operation of mass transit and other urban transport. The Acquisition will not have any effect on the share capital and substantial shareholders' shareholdings of the Company as the Acquisition will be fully satisfied in cash. In addition, the Acquisition is not expected to have a material effect on the earnings per share, net assets and gearing of the Group for the financial year ending 31 December 2017. The Acquisition is not subject to the approval of the shareholders of the Company or other relevant authorities. Abdul Rahman Bin Mohamed Rejab, a director of Destini, has been appointed as the director of DRSB on 2 November 2017. Abdul Rahman Bin Mohamed Rejab does not hold any shares in DRSB. In addition, there was no other interest such as commission or other kinds of benefit received from the Company or DRSB in relation to the Acquistion. As such, the Acquistion is not normally regarded as related party transaction pursuant to Paragraph 10.08(11)(c) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. Except for the above, none of the directors, substantial shareholders and/or persons connected with them has any interest, direct or indirect, in the Acquisition. The Directors of Destini, after taking into consideration of all aspects of the Acquisition, is of the opinion that the Acquisition is in the best interest of the Company. This announcement is dated 15 December 2017.

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	DESTINI BERHAD ("DESTINI" OR "THE COMPANY") - Proposed Disposal of 51.92% Equity Interest in Green Pluslink Sdn Bhd
The Board of Directors of Destini wishes to announce that Destini had on 29 December 2017, entered into a share sale agreement (“SSA”) with Terokadana Sdn Bhd (“TSB”) for the proposed disposal of its entire 51.92% equity interest in its subsidiary company, Green Pluslink Sdn Bhd (“GPSB”), comprising of 2,700,000 ordinary shares in GPSB (“GPSB Shares”) (“Sale Shares”), to TSB for a total cash consideration of RM4,400,000.00 only (“Disposal Consideration”) (“Proposed Disposal”). Upon completion of the Proposed Disposal, GPSB will cease to be a subsidiary of Destini. The details of the above matter are set out in the attachment herein. This announcement is dated 29 December 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5652665

Attachments Destini- Disposal shares in Green Pluslink (for bursa).pdf

icy97

德斯迪尼何时可买进？

求知者问：我从网络文章中看到：

（1）德斯迪尼（DESTINI，7212，主板贸服组）是一只大选概念股，现在买进会不会太迟呢？合理价是多少？

答1：资料显示，德斯迪尼为一家主要获取政府合约为主的公司，若说大选概念股，是与政党或政府关系密切的公司，那么你称此公司为大选概念股，实不为过。

德斯迪尼主要涉及诸多与国防有关活动的合约，包括制造、维修与保养铁道器材、油气业领域服务、飞机的保养、维修及彻底大修（MRO）服务。该公司一般被市场视为与巫统有良好关系的公司。

该公司大股东之一的阿罗玛士德拉朱有限公司，为财政部机构拥有的公司。

该公司主要依靠政府工程合约，特别是来自国防部的合约。

一般而言，所谓大选概念股，其中主要特点，就是具有一定的投机性质，股价可以大起大落，视它所涉及的市场传言，或是基本因素的改变而定。

有鉴于此，任何时候都不知道它的交易最佳进出点，所以，实在难以确定现在是否太迟买进此股，更何况近年来，并没有认真的证券研究进行剖析研究，没有人推荐合理价是多少。


文章来源：
星洲日报‧投资致富‧投资问诊‧文：李文龙‧2018.01.07

CUTERABBITGROUP

Destini expected to get new MRO jobs from KTM in 2018
CIMB Research/The Edge Financial Daily
January 10, 2018 10:51 am +08
http://www.theedgemarkets.com/article/destini-expected-get-new-mro-jobs-ktm-2018

Destini Bhd
(Jan 9, 65 sen)

Initiate buy with a target price (TP) of 74 sen: Destini Bhd group managing director Datuk Rozabil @ Rozamujib Abdul Rahman took over the financially troubled Satang Holdings Bhd in September 2011, restructured the company and renamed it Destini Bhd. He transformed the group from a mere survival and safety maintenance, repair and overhaul (MRO) service provider into a regional integrated engineering solutions provider with businesses in the marine shipbuilding, aviation, land transport, and the oil and gas industries. Destini, listed on the Main Board, is a syariah-compliant stock.

Management’s long-term strategy is to grow Destini’s MRO asset base as it aspires to be a regional engineering MRO service provider. Currently, its main MRO business is providing safety and survival equipment MRO services to the Royal Malaysian Air Force, but there is potential to expand its MRO services to paramilitary ships and helicopters, and the Malaysian Railway (KTM) in our view.

Destini currently generates more than 80% of its revenue from the marine and aviation sectors. Its main marine revenue contributor is the construction of New Generation Patrol Craft and Offshore Patrol Vessels for the Marine Maritime Enforcement Agency, to be delivered by 2018 and 2020 respectively. We expect Destini to bid for the MRO of these vessels upon the completion of their construction. We have not assumed any potential earnings from the vessel’s MRO.

Destini is currently completing a RM62 million KTM job to supply 35 motor trolleys and two rail road vehicles by 2019. We think Destini could potentially secure new MRO jobs from KTM in 2018. Negotiations have been ongoing for the past year. We have not assumed any potential KTM MRO jobs.

The company is looking into mergers and acquisitions (M&A) to expand its commercial aircraft MRO business. Negotiations with potential clients are ongoing but nothing has been finalised. In 2017, the company set up a joint venture with Sapura Aero, a subsidiary of Sapura Resources, to undertake commercial aircraft MRO in the region. As at September 2017, Destini’s balance sheet showed only 0.1 times net gearing. As such, it has room to gear up if necessary to pursue M&As to grow its MRO business. — CIMB Research, Jan 8

icy97

Name	BPH CAPITAL SDN. BHD.
Address	Kompleks Sri Wonder No. 88-2-49 Lintang Sungai Pinang 10150 Pulau Pinang Malaysia.
Company No.	919022U
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	20 Feb 2018	16,000,000	Disposed	Direct Interest
	Name of registered holder	BPH CAPITAL SDN. BHD.
	Address of registered holder	Kompleks Sri Wonder, No.88-2-49 Lintang Sungai Pinang, 10150 Pulau Pinang
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Disposal of shares via off market transaction
Nature of interest	Direct Interest
Direct (units)	237,605,212
Direct (%)	20.568
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	237,605,212
Date of notice	21 Feb 2018
Date notice received by Listed Issuer	21 Feb 2018

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2017	31 Dec 2016	31 Dec 2017	31 Dec 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	108,017	115,441	685,603	354,426
2	Profit/(loss) before tax	5,535	20,997	41,761	46,330
3	Profit/(loss) for the period	4,874	11,939	29,350	31,147
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,651	11,985	30,674	33,001
5	Basic earnings/(loss) per share (Subunit)	0.49	1.17	2.66	3.30
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4408		0.4167

icy97

Type	Announcement
Subject	OTHERS
Description	DESTINI BERHAD - ADOPTION OF DIVIDEND POLICY
The Board of Directors of Destini Berhad (“Destini” or “the Company”) wishes to announce that the Company has adopted a dividend policy to pay an annual dividend of between 30% to 40% of its consolidated profits after tax attributable to owners of the Company in respect of any financial year, provided that such distribution will not be detrimental to the Company’s cash flow requirements. In considering the level of dividend payments, the Company will take into consideration of various factors including but not limited to the following: i) The level of the Company’s available cash and cash equivalents; ii) The projected level of working capital, capital expenditure and any other investment plan; and iii) The solvency test within twelve months immediate after the distribution is made. The Company reserves the discretion to pay higher rate of dividend as it deems appropriate. This announcement is dated 27 February 2018.

icy97

Type	Announcement
Subject	OTHERS
Description	DESTINI BERHAD - Quarterly Report on Consolidated Results for the Financial Period Ended 31 December 2017
Reference is made to the Press Release attached with the Company’s announcement relating to the Quarterly Report on Consolidated Results for the Financial Period Ended 31 December 2017 which was released to Bursa Malaysia Securities Berhad (“Bursa Securities”) on 27 February 2018 of which stated, among others, the following : “Moving forward, Destini targets to achieve a 20% to 30% growth in the financial year to come. By maintaining this growth pace, the Group will be able to reward its shareholders who have been instrumental in Destini’s growth,” said Dato Rozabil.” Destini Berhad (“Destini” or “the Company”) wishes to clarify that barring any unforeseen circumstances, Destini is targeting a 20% to 30% growth after taking into consideration of the contracts secured by the Group during the financial year and the contributions from the existing and new businesses business developments, including but not limited to the following :   i) A contract secured by the Group worth RM738.9 million for the supply, delivery, testing and commissioning of three offshore petrol vessels for the Malaysian Maritime Enforcement Agency through a joint venture with THHE Fabricators Sdn. Bhd., a wholly-owned subsidiary company of TH Heavy Engineering Berhad. ii) A contract worth RM321.9 million for the supply of six reconnaissance helicopters by the Ministry of Defence for the Malaysian Armed Forces through a 70% acquisition of safety and security equipment company Halaman Optima Sdn Bhd. iii) A joint venture with Sapura Aero Sdn Bhd which is to incorporate a Joint Venture Company that is to be in the business of rotary wing and fixed aircraft sale, supply and provision of MRO in relation to commercial aircraft and helicopters and the provision of programs such as wet leasing and dry leasing of aircraft. iv) A joint venture with Federal International (2000) Ltd, a company listed on the Mainboard of the Singapore Exchange, to collectively bid for oil and gas projects in the South Asia and South-East Asia Region.   v) The 70% acquisition of Singapore-based AMS Pte. Ltd., a company that is in the business of design, fabrication and servicing of heat exchangers, fabrication, installation and erection of piping and steelworks and non-destructive testing for the marine industry. The targeted growth rate of 20% - 30% is merely an internal target set by the Group based on assumptions highlighted above and the Company’s auditors have not reviewed on the said assumptions made by the Company. This announcement is dated 28 February 2018.

icy97

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	DESTINI BERHAD ("DESTINI" OR "COMPANY") MEMORANDUM OF UNDERSTANDING BETWEEN DESTINI ENGINEERING TECHNOLOGIES SDN BHD AND FELCRA PROCESSING & ENGINEERING SDN BHD
The Board of Directors of Destini (“Board”) wishes to announce that Destini Engineering Technologies Sdn Bhd (“DETSB”), a wholly-owned subsidiary of Destini, had on 10 April 2018, entered into a memorandum of understanding (“MOU”) with Felcra Processing & Engineering Sdn Bhd (“FPESB”). Further details of the MOU are set out in the attachment below. This Announcement is dated 10 April 2018.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5754225

Attachments Destini- Felcra MOU (announcement).pdf Destini- Felcra MOU (press release).pdf

icy97

Type	Announcement
Subject	OTHERS
Description	DESTINI BERHAD ("DESTINI" OR "COMPANY") - LETTER OF AWARD - UMBRELLA CONTRACT FOR THE PROVISION OF WELL ABANDONMENT INTEGRATED SERVICES FOR PETRONAS CARIGALI SDN BHD (CONTRACT NO. CHO/2017/WELLS/1023 A)
The Board of Directors of Destini is pleased to announce that, Destini Oil Services Sdn Bhd (“DOS”), a wholly-owned subsidiary of Destini, has been awarded an umbrella contract for the provision of well abandonment integrated services (“Umbrella Contract”) for PETRONAS Carigali Sdn Bhd (“PETRONAS Carigali”), via a letter of award dated 29 March 2018 (“Letter of Award”). Further details of the Umbrella Contract are set out in the attachment below. This Announcement is dated 12 April 2018.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5756849

Attachments Destini - Letter of Award .pdf

icy97

Date of change	19 Apr 2018
Name	DATO' ROZABIL @ ROZAMUJIB BIN ABDUL RAHMAN
Age	46
Gender	Male
Nationality	Malaysia
Type of change	Redesignation
Previous Position	Managing Director
New Position	Group Chief Executive Officer
Directorate	Executive

icy97

Type	Announcement
Subject	OTHERS
Description	DESTINI BERHAD ("DESTINI" OR "COMPANY") LETTER OF AWARD  CONTRACT FOR THE SUPPLY OF SAFETY AND SURVIVAL EQUIPMENT TO THE ROYAL MALAYSIAN AIR FORCE
(We refer to the announcements dated 7 November 2013 and 14 December 2016 in relation to the letter of award from the Ministry of Defence Malaysia. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.) The Board of Directors of Destini is pleased to announce that Destini Prima Sdn Bhd (“DPSB”), a wholly-owned subsidiary of Destini, had on 19 April 2018, accepted a letter of award (“Letter of Award”) from Ministry of Defence Malaysia for an additional RM138.0 million (including the Goods and Services Tax) to the existing contract to provide maintenance, repair and overhaul services and the supply of safety and survival equipment to the Royal Malaysian Air Force (“Contract”). The Letter of Award is an addition to the Contract ceiling. Further details of the Letter of Award are set out in the attachment below. This Announcement is dated 19 April 2018.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5764689

Attachments Letter of Award - DPSB.pdf

icy97

Type	Announcement
Subject	OTHERS
Description	DESTINI BERHAD ("DESTINI" OR "COMPANY") - LETTER OF AWARD FOR THE TUBULAR RUNNING SERVICES FROM LYALLPUR OIL TOOL PVT LTD
The Board of Directors of Destini is pleased to announce that, Destini Oil Services Sdn Bhd (“DOS”), a wholly-owned subsidiary of Destini, had on 22 May 2018, received a letter of award as a technical partner from Lyallpur Oil Tool Pvt Ltd (“LOT”) for the tubular running services in Pakistan (“Letter of Award”). The Letter of Award is estimated to have a gross value of approximately United States Dollar 8.0 million (equivalent to approximately RM31.76 million as at 22 May 2018). Further details of the Letter of Award are set out in the attachment below. This announcement is dated 22 May 2018.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5798029

Attachments Letter of Award - LOT.pdf Press Release.pdf