Registration No. 200301030845 (633265-K) - 90 - 6. Investment in Subsidiaries (Cont’d) (e) Strike off subsidiaries (Cont’d) During the financial period (Cont’d)) (xv) Destini ESS Sdn. Bhd., a 100% owned subsidiary of Destini Energy Sdn. Bhd. was struck off on 2 September 2024. 7. Investment in Associates 30.6.2024 31.12.2022 30.6.2024 31.12.2022 Outside Malaysia RM RM RM RM At cost Unquoted shares 315,406 315,406 - - Share of post acquisition reserve (315,406) (315,406) - - - - - - Group Company Details of the associates are as follows: Country of Name of company incorporation 30.6.2024 31.12.2022 Principal activities % % Emirates Kejuruteraan 49 49 Provides oil and gas Samudra Timur production facilities Berhad Petroleum operation and maintenance Services L.L.C.* services, and onshore and offshore, oil fields and facilities services TF Emirates Marine 49 49 Engaged in the business of Services L.L.C.* onshore and offshore oil and gas fields and facilities services, marine machines and equipment repairing and maintenance, repair and maintenance of engine ships * Associates not audited by UHY equity interests Effective Emirates of Abu Dhabi Emirates of Abu Dhabi 167 DESTINI BERHAD ANNUAL REPORT 2024
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