Registration No. 200301030845 (633265-K) - 92 - 8. Investment in Joint Ventures 30.6.2025 30.6.2024 In Malaysia: RM RM At Cost Unquoted shares - 500,001 Less: Share of post acquisition reserve - (500,001) - - Group Details of the joint ventures are as follows: Country of Name of company incorporation 30.6.2025 30.6.2024 Principal activities % % Held through Destini Aviation Sdn. Bhd. Invation Aero Sdn Bhd. Malaysia - 50 Sale of rotary wing and ("Invation Aero")* fixed wing aircraft, supply and provision of maintenance, repair and overhaul services and other related services * Joint ventures not audited by UHY Malaysia PLT Effective equity interests There are no commitment nor contingent liabilities relating to the Group’s interest in the joint ventures. DESTINI BERHAD ANNUAL REPORT 2025 175
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