Destini Unit Secures RM10 Million Contract From Home Ministry

KUALA LUMPUR, Nov 27 (Bernama) — Destini Bhd’s (Destini)wholly-owned unit, Destini Prima Sdn Bhd (DPSB), has secured a RM10 million contract from the Ministry of Home Affairs.

In a filing to Bursa Malaysia Friday, Destini said the three-year contract is provide Maintenance, Repair and Overhaul (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 is not expected to have any material effect on the share capital and shareholding structure of the company.

“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 : Bernama