Registration No. 200301030845 (633265-K) - 92 - 8. Investment in Joint Ventures 30.6.2024 31.12.2022 In Malaysia: RM RM At Cost Unquoted shares 500,001 500,001 Less: Share of post acquisition reserve (500,001) (500,001) - - Group Details of the joint ventures are as follows: Country of Name of company incorporation 30.6.2024 31.12.2022 Principal activities % % Invation Aero Sdn Bhd. Malaysia 50 50 Sale of rotary wing and ("IASB")* fixed wing aircraft, supply and provision of maintenance, repair and overhaul services and other related services * Joint ventures not audited by UHY Effective equity interests There are no commitment nor contingent liabilities relating to the Group’s interest in the joint ventures. 169 DESTINI BERHAD ANNUAL REPORT 2024
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