Destini Bhd ventures into paramilitary boat business


Destini's 51% owned subsidiary Vanguard Composite Engineering Pte Ltd makes lifeboats and fast rescue boats, among others.

KUALA LUMPUR: Destini Bhd will venture into the paramilitary boat segment through its proposed acquisition of Everyday Success Sdn Bhd from paramilitary boat maker Destination Marine Services Sdn Bhd (DMS) for RM90mil.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

CPO futures to trade on upside bias next week on expectation of weaker output
Oil gains over 2% but posts seventh weekly decline
In China’s slowing beauty market, big-brand discounts won’t cut it
YTL Power and Nvidia in AI collaboration
Westports inks deal with govt to expand terminals
Succession planning and moving in the right direction
Bank Pembangunan has plenty of potential
Setting the standards the Gamuda way
Singapore signs deal with Latin American bloc
Critical factors to consider before MLFF rollout

Others Also Read