Registration No. 200301030845 (633265-K) - 79 - 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 Held through TF Corp Pte. Ltd.: Techno Fibre 100 100 Servicing the needs of Australia Shipping and Petroleum Pty. Ltd.* Companies and supporting their fleets Techno Fibre 100 100 Providing installation & Middle East maintenance of marine Marine Services equipment (FZE)* Techno Fibre (S) 100 100 Fabrication and repair of Pte. Ltd.* fibre composite boats Destini Marine Safety 60 60 Technical testing and Solutions Ltd.* raenpaalyirsiasnd maintenance of TF Corp Saudi Arabia 51 51 Providing installation & Co. Ltd.* maintenance of marine equipment United Arab Emirates Australia United Kingdom Kingdom of Saudi Arabia Singapore *nn Subsidiaries not audited by UHY Kuala Lumpur 157 ANNUAL REPORT 2022 DESTINI BERHAD
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