Destini Secures RM10mil Contract To Service Police Air Wing

KUALA LUMPUR: Destini Bhd’s wholly-owned unit, Destini Prima Sdn Bhd (DPSB), has secured a RM10mil contract from the Home Affairs Ministry.

In a filing with Bursa Malaysia on Friday, the maintenance, repair and overhaul (MRO) services firm said the three-year contract was provide MRO services, technical assistance and supply of spare parts related to safety and survival equipment, ground support and mechanical equipment, electronic equipment, airborne multisensor system and flight operations equipment for the Royal Malaysian Police Air Wing.

Destini said the contract was not expected to have any material effect on its share capital and shareholding structure.

“However, it is expected to make a positive contribution to the earnings per share, net assets per share and gearing of the Destini Group,” it added.

Source : The Star