DESTINI Annual Report 2019

NOTES TO THE FINANCIAL STATEMENTS Name of company Place of Business / Country of Incorporation Effective equity interest Principal activities 2019 2018 % % Destini Prima Sdn. Bhd. Malaysia 100 100 Investment holding, and distribution and supply of defence and commercial aviation and marine equipment and accessories, contract management and Consultant to Original Equipment Manufacturers (OEMs) Destini Armada Sdn. Bhd. Malaysia 100 100 Investment holding Destini Fire Safety Sdn. Bhd. Malaysia 100 100 Dormant Destini Engineering Technologies Sdn. Bhd. Malaysia 100 100 Maintenance, repairs and overhaul of aviation related cylinders that include servicing, inspection, recycling and refilling of gas and general contractors, construction of telecommunication engineering and other related services Destini Info Tech Sdn. Bhd. Malaysia 100 100 Providing consultancy and solution services and implementing of high technology and computerised security systems and its related services Destini Australia Pty. Ltd.* Australia 100 100 Dormant Destini Aero Teknologi Sdn. Bhd. Malaysia 100 100 Dormant Destini HRTC Sdn. Bhd. Malaysia 100 100 Provides training and education consultancy services Destini Armada Pte. Ltd.* Singapore 100 100 Manufacturing, repair, fabricate and supply of marine and safety/lifesaving equipments Destini Oil Services Sdn. Bhd. Malaysia 100 100 Provision of tubular handling, running, repair and maintenance, lease and operate drilling rigs in oil and gas industry System Enhancement Resources & Technologies Sdn. Bhd. Malaysia 100 100 Supplying, servicing and upkeeping army vehicles, buses and supplying motor trolley Destini Empire Properties Sdn. Bhd. Malaysia 100 100 Buying, selling, renting and operating of self- owned or leased real estate- non residential buildings Detrac Sdn. Bhd. Malaysia 70 70 Research and development of mechatronic system including software customisation, repair andmaintenance of electronic systems, support and consultation on system development Land Auto Technology Sdn. Bhd. Malaysia 100 100 Dormant 6. Investments in Subsidiaries (Cont’d) Details of the subsidiaries are as follows: (Cont’d) FINANCIAL STATEMENTS 06 ANNUAL REPORT 2019 139