Destini wins RM19mil Mindef deal

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

In a filing with Bursa Malaysia, Destini said the contract was 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 RM476,038.

Destini also stated that Destini Prima is required to undertake the professional training and education for growing entrepreneurs.