Registration No. 200301030845 (633265-K) - 148 - 39. Material Litigation (Cont’d) (ii) Shah Alam High Court Suit No. BA-28NCC-459-08/2024 Pursuant to the Petition, the wholly-owned subsidiary, Destini Armada Sdn. Bhd. (“DASB”) has allegedly failed to pay outstanding tax liabilities amounting to RM2,934,963.75, plus interest of RM177,360.89 and RM392,727.68 to Lembaga Hasil Dalam Negeri (LHDN) (“Petitioner”). The Petitioner prays for the following orders: (a) That Destini Armada be wound up by the Court under the provisions of Section 465(1)(e) of the Companies Act, 2016. (b) That the Official Receiver of Malaysia be appointed as the Official Liquidator of Destini Armada. (c) That the costs of the Petition be paid out of the assets of Destini Armada. Settlement proposal have been submitted LHDN. The case management for e-review has been scheduled for 9 September 2024, and the hearing date has been fixed for 11 November 2024. The Government of Malaysia (LHDN) has withdrawn the case on 11 November 2024. No further legal action taken by LHDN against Destini Armada Sdn. Bhd. in respect of the dispute. DESTINI BERHAD ANNUAL REPORT 2025 231
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