Registration No. 200301030845 (633265-K) - 1 - DESTINI BERHAD (Incorporated in Malaysia) DIRECTORS’ REPORT The Directors have pleasure in submitting their report together with the audited financial statements of the Group and of the Company for the financial year ended 31 December 2021. Principal Activities The principal activities of the Company are those of investment holding and provision of management services. The principal activities of its subsidiaries are disclosed in Note 6 to the financial statements. Financial Results Group Company RM RM Profit/(Loss) for the financial year 2,464,505 (13,055,125) Attributable to: Owners of the Parent 3,008,893 (13,055,125) Non-controlling interests (544,388) - 2,464,505 (13,055,125) Reserves and Provisions There were no material transfers to or from reserves or provisions during the financial year other than as disclosed in the financial statements. Dividends There were no dividends proposed, declared or paid by the Company since the end of the previous financial year. The Board of Directors does not recommend any dividend in respect of the current financial year. DIRECTORS’ REPORT 78 DESTINI BERHAD • ANNUAL REPORT 2021
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