Merrill Lynch emerges in Destini as substantial shareholder

KUALA LUMPUR: Merrill Lynch International has emerged as a substantial shareholder in
Destini Bhd with a 5.01% stake.

A company filing yesterday showed the US fund had bought 523,000 shares on Jan 9.
The latest acquisition pushed its shareholding to 5.1%.

Destini’s core business are the safety and survival equipment for aircraft and ships.

Its R&D subsidiary, Detrac Sdn Bhd, develops custom-built Pan-Tilt-Zoom systems,
integrated optical systems, automation systems, data acquisition systems, wireless sensor

Source :

Other News

Destini Buys HOSB for 5.5million Published : February 17, 2017

Destini Net Profit Rises To RM8.9mil Published : August 10, 2016

DESTINI次季利飙148% Published : August 9, 2016

德斯狄尼淨利按年翻1.5倍 Published : August 8, 2016

Search