Notes to the Financial Statements Registration No. 200301030845 (633265-K) - 76 - 6. Investment in Subsidiaries (Cont’d) Details of the subsidiaries are as follows: (Cont’d) Place of Business Name of company 2022 2021 Principal activities % % Effective / Country of equity interest Incorporation Destini Venture Sdn. Bhd. 100 100 Dormant Destini First Sdn. Bhd. 100 100 Dormant Destini Aviation 100 100 Maintenance, repairs Sdn. Bhd. and overhaul of aviation ground support safety and survival equipment Destini Rail Sdn. Bhd. 100 100 Dormant DB Communication - 100 Providing consultancy Sdn. Bhd. (fka DB Info and solution services Tech Sdn. Bhd.) and implementing of high technology and Blackstone Dagangan 70 70 Trading of coal Pte. Ltd.* Held through Destini Prima Sdn. Bhd.: Satang Environmental 100 100 Dormant Sdn. Bhd. Satang-ICS Global 51 51 Dormant Sdn. Bhd. DB Precision 100 100 Supplying calibration Sdn. Bhd. and cylinder services Halaman Optima 70 70 Manufacturers, importer Sdn. Bhd. and exporters of safety and security products and defence equipment DB Communication 100 - Providing consultancy Sdn. Bhd. (fka DB Info and solution services Tech Sdn. Bhd.) and implementing of high technology and Malaysia Malaysia Malaysia Malaysia Malaysia Malaysia Malaysia Malaysia Malaysia Malaysia Malaysia 154 DESTINI BERHAD ANNUAL REPORT 2022
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