Destini gets RM19.04mil contract from Ministry of Defence

PETALING JAYA: Destini Bhd’s wholly-owned subsidiary Destini Prima Sdn Bhd has secured a RM19.04mil contract from the Ministry of Defence Malaysia for the procurement, supply and delivery of Forges de Zeebrugge rocket motor.

In a filing with Bursa Malaysia, Destini said the contract tenure is for a period of two years starting from Sept 6, 2023 to Sept 5, 2025.

It added that Destini Prima will be required to provide a performance bond of RM476,037.97.

Destini also stated that Destini Prima is required to undertake the professional training and education for growing entrepreneurs – ready to work (Protege-rtw) at its own cost.