Destini Bhd (DEST)

Destini Berhad, an investment holding company, provides engineering solutions worldwide. The company’s Maintenance, repair, overhaul and training segment offers maintenance, repair, and overhaul services for aviation, automobile, and safety and tabular handling equipment; and safety equipment training. Its Marine construction segment engages in the shipbuilding; and restoration and maintenance of vessels. The company is also involved in the maintenance, repairs, and overhaul of aviation-related cylinders, which include servicing, inspection, and refilling of gas; distribution of defense and commercial aviation and marine equipment, and accessories; and construction of telecommunication engineering, as well as act as a consultant to original equipment manufacturers. In addition, it provides training and education consultancy; calibration and cylinder; aircraft and technical ground handling; and tubular handling, running, repair and maintenance services for the oil and gas industry. Further, the company supplies and services army vehicles, buses, and motor trollies; researches and develops mechatronic systems, including software customization, repair and maintenance of electronic systems, support, and system development consultation; manufacturers, imports, and exports safety and security products and defense equipment; and manufactures paramilitary boats and vessels. Additionally, it is involved in the lifeboat and davit servicing business; trading other safety equipment catered to the marine and oil and gas industries; servicing life raft and firefighting equipment; provision of jetty/port operations-related services; and imports and exports lifeboats and lifesaving appliances. The company was formerly known as Satang Holdings Berhad and changed its name to Destini Berhad in September 2011. Destini Berhad was founded in 1991 and is based in Shah Alam, Malaysia.