Destini unit DPSB bags RM33mil deal


KUALA LUMPUR: Destini Bhd’s wholly owned subsidiary, Destini Prima Sdn Bhd (DPSB), has secured a RM33.05mil contract from the Defence Ministry to provide maintenance services for safety and survival equipment for airborne equipment.

In a filing with Bursa Malaysia, it said the three-year contract started yesterday until Nov 10, 2027.

“The company is required to provide a performance bond of RM550,800 and undertake the ‘Professional Training and Education for Growing Entrepreneurs – Ready to Work’ at DPSB’s cost,” it said.

In a separate statement, the integrated engineering solutions provider said the new contract has propelled the group’s order book beyond RM800mil, enhancing its earnings visibility through 2027, and further solidifying its position as a dependable partner in national defence. — Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Destini , Mindef

Next In Business News

Awanbiru appoints Azizah Ali as its group CEO
MN Holdings proposes transfer to the Main Market of Bursa Securities
Vantris Energy divests stake in L&T-Sapura Shipping for 124mil
Sunway launches RM11bil take-over of IJM Corp at RM3.15 a share
FBM KLCI hits six-year high, extends rally on stronger risk appetite
Singapore defends GIC, Temasek returns as reasonable
Gold breaches US$4,600/oz for first time ever as Powell-Trump rift stokes safe-haven demand
S.Korea, Taiwan stocks rally on AI optimism; Trump-Powell feud clouds outlook
Impact Capital eyes ACE Market listing
Rexit to be renamed Openmove AI from Jan 14

Others Also Read