NOTES TO THE FINANCIAL STATEMENTS Registration No. 200301030845 (633265-K) - 89 - 6. Investment in Subsidiaries (Cont’d) (e) Strike off subsidiaries (Cont’d) In the previous 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. (f) Internal re-organisation During the financial year On 5 February 2025, Destini Energy Sdn. Bhd., acquired 1,000,000 ordinary shares, representing the entire equity interest in Teknologi Mobiliti Sdn. Bhd., a direct wholly-owned subsidiary of the Company from the Company for a total cash consideration of RM1 only. On 5 February 2025, Destini Global Investment L.L.C, acquired 1,000,000 ordinary shares, representing the entire equity interest in TF Corp Pte. Ltd., an indirect wholly-owned subsidiary of the Company from Destini Armada Pte. Ltd. for a total cash consideration of SGD1 only. DESTINI BERHAD ANNUAL REPORT 2025 172
RkJQdWJsaXNoZXIy NDgzMzc=