DESTINI Annual Report 2018

Internationally, we are certified by Pipeline Hazardous Material Safety Agency of Department of Transport, from the United States of America as an Authorized Re-qualification Cylinder Service Station. This authorises our Group on requalification of the authorized cylinder specifications by the “hydrostatic” test method. We are also proudly certified by several private and public authorities as an OEM authorised centre, preferred partner or supported service centre for the maintenance of aircraft ejection seat, safety equipment and others. MARINE For the marine segment, we are accredited with ISO 9001:2015 - Quality Management System on: • provision of ship/boat building and ship/boat repair services; and • inspection, repair, and service of lifeboats and davit systems. In this respect, we are the Authorised Life Raft Service Station issued by Malaysian Marine Department in compliance to the International Maritime Organisation and/or Safety of Live at Seas Regulation. Apart from that, internationally, our company is also certified by Lloyd’s Register Group Limited as Approved Service Suppliers in servicingandmaintenanceof lifeboats, launching appliances, on-load release gear and davit-launched life-raft automatic release hooks. American Bureau of Shipping, Bureau Veritas and DNV GL had been audited on our marine segment and given a satisfactory practical demonstration of our services. As such, Destini has been recognised worldwide as a qualified and trustable service provider in servicing/maintenance of lifeboats. LAND SYSTEM While for the land system segment, we are accredited with ISO 9001:2015 – Quality Management System in troubleshooting and repair of electronic equipment. We are also certified by the Ministry of International Trade and Industry of Malaysia for the fabrication of commercial vehicle bodies, and assembly of chassis bus and military vehicle. OIL & GAS For the oil & gas segment, we are accredited with ISO 9001:2015 – Quality Management System as well as ISO 18001:2007 – Occupational Health and Safety Management System on provision of tubular handling equipment and conductor installation services for oil & gas industry. In conclusion, these certifications provide worldwide recognition and acceptance of our services and products. In respect of this, throughout the years, we have received several awards and appreciation letters from our business partners and associates as a token of appreciation of our services and products rendered. Our services and products quality with international quality accreditation had gained us as one of the market leaders in this industry. Plus, Destini possesses teams of well equipped employees with industry knowledge who are able to manage and deliver customers’ expectation. Business Model and Planning Destini has laid out several sustainability and growth strategies across all of its business segments to remain resilient to the external challenging operating environment and this includes diversifying its range of services and products within its core expertise. The sustainability of Destini’s businesses are strong as the Group is operating with a diversified portfolio of services and products in a high entry barrier industry and one of the major sources of revenue earnings was generated from recurring MRO business. Aside to that, there are many more possibilities for Destini to explore and expand its existing capabilities in the industries it has a foothold in. Moving away from local shores, Destini is also constantly looking to extend its services and products to the wider global market. The Group is always in the mode of sourcing potential business partners in different markets to form strategic alliances. It opens up greater opportunity for the Group to grow internationally. From the current presence which spans from Australia, China, Malaysia, Middle East, Singapore, and United Kingdom, Destini is on the blueprint to expand its current business network to the American region and Southeast Asian countries it does not have a presence in as well. DESTINI BERHAD ANNUAL REPORT 2018 57