Registration No. 200301030845 (633265-K) - 1 - DESTINI BERHAD (Incorporated in Malaysia) DIRECTORS’ REPORT The Directors hereby present their report together with the audited financial statements of the Group and of the Company for the financial year ended 31 December 2022. Principal Activities The principal activities of the Company are those of investment holding and provision of management services. The principal activities of its subsidiaries are disclosed in Note 6. Financial Results Group Company RM RM Loss for the financial year 32,830,211 177,505,596 Attributable to: Owners of the Parent 30,154,672 177,505,596 Non-controlling interests 2,675,539 - 32,830,211 177,505,596 Reserves and Provisions There were no material transfers to or from reserves or provisions during the financial year other than as disclosed in the financial statements. Dividends There were no dividends proposed, declared or paid by the Company since the end of the previous financial year. The Directors do not recommend any dividend in respect of the current financial year. Directors' Report 80 DESTINI BERHAD ANNUAL REPORT 2022
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