PERFORMANCE d) Digital Transformation and Performance Management A dopting new Enterprise Management Systems that improves the Group's operational efficiencies. The implementation of Oracle’s NetSuite ERP system, marked a significant step toward digital transformation. This integrated platform enhances operational visibility and decision-making capabilities across the organization. Complementing this technological advancement, Destini has introduced a robust performance management framework, incorporating detailed Key Performance Indicators and performance-based incentives to foster accountability and excellence throughout the organisation. e) Building a Sustainable Growth Pipeline B uilding the order book for future growth and delivering sustainable shareholders’ value. As at the end of this financial year, the Group’s order book stands at almost RM1.0 billion. To further develop a robust growth pipeline, the Group is currently exploring opportunities and new business potentials across its four sectors namely Rail, Aviation and Defence, Oil & Gas and Marine amounting to about RM12.0 billion over the next 5 years. Commitment to Sustainability and Governance Our commitment to sustainability and strong corporate governance remains steadfast. Destini has continued to uphold rigorous environmental, social, and governance (ESG) practices, ensuring that our business growth is aligned with the global transition toward a low-carbon economy. Our initiatives in renewable energy, particularly solar projects, have not only reduced our carbon footprint but also positioned us as a forward-thinking organization in the sustainability space. Moving Forward As we look ahead, we are confident that the groundwork we have laid will enable us to overcome future challenges and capitalise on new opportunities. The global economy may remain volatile, but with the continued support of our shareholders, employees, and business partners, Destini is well-equipped to deliver sustained growth and long-term value. By staying agile and proactively responding to industry shifts, we are committed to leveraging our strengths and expanding our footprint in key markets. Together, with a shared vision and a dedication to excellence, we are prepared to seize every opportunity that aligns with our long-term objectives and reinforces our mission. Appreciation On behalf of the Board, I would like to extend our sincere appreciation to Tan Sri Azhar Bin Azizan @ Harun, Independent Non-Executive Chairman and Encik Abdul Rahman Bin Mohamed Rejab, Executive Chairman, upon their retirement from the Group. The Group also saw the retirement of Dato’ Mohd Zahir Bin Zahur Hussain (Group Managing Director), Dato’ Ahmad Suhaimi Bin Endut (Independent Non-Executive Director), Puan Nurwahida Mohd Yaakub (Independent Non-Executive Director), Professor Datin Dr Suzana Binti Sulaiman @ Mohd Suleiman (Non-Independent Non-Executive Director), Datuk Kabol Bin Surat (Executive Director) and Puan Farah Nadia Binti Fazaruddin (Independent Non-Executive Director) from Destini’s Board of Directors. Their contributions to the Group have been unparalleled, and they leave a lasting legacy of excellence. Destini also extends our heartfelt gratitude to our shareholders for their unwavering support and confidence in our vision and management. We wish to express our sincere appreciation to our esteemed customers, business associates and regulatory authorities for their ongoing trust and collaboration. At the heart of Destini’s success lies in the commitment of our employees. Their loyalty, sacrifices and resilience in supporting the Board and management team to navigate the group through the challenging market conditions to achieve our corporate missions have been instrumental to our turnaround success; and positioning Destini to achieve greater success in the coming years. Thank you. Dato’ Abd Aziz Bin Haji Sheikh Fadzir Non-Independent Non-Executive Chairman CHAIRMAN’S STATEMENT 28 DESTINI BERHAD ANNUAL REPORT 2024
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