NOTES TO THE FINANCIAL STATEMENTS Registration No. 200301030845 (633265-K) - 77 - 6. Investment in Subsidiaries (Cont’d) Details of the subsidiaries are as follows: (Cont’d) Place of Business Name of company 30.6.2025 30.6.2024 Principal activities % % Effective / Country of equity interest Incorporation Held through Trovon (Sea) Pte. Ltd.: Trovon Malaysia 100 - Railway maintenance Sdn. Bhd. and asset optimisation services Held through Trovon Holdings Limited: Trovon Equipment 100 - Trains and railways Trading & construction Maintenance LLC* Malaysia United Arab Emirates *nn Subsidiaries not audited by UHY Malaysia PLT # Audited by an independent member firm of UHY International There are no significant restrictions on the ability of the subsidiaries to transfer funds to the Group in the form of cash dividends or repayment of loans and advances. Generally, for all subsidiaries which are not wholly-owned by the Company, non-controlling shareholders hold protective rights restricting the Company's ability to use the assets of the subsidiaries and settle the liabilities of the Group, unless approval is obtained from noncontrolling shareholders. DESTINI BERHAD ANNUAL REPORT 2025 160
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