DESTINI

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OTHERS DESTINI BERHAD ("DESTINI" OR "COMPANY") LETTER OF AWARDS CONTRACTS FOR THE SUPPLY OF SAFETY AND SURVIVAL EQUIPMENT TO THE ROYAL MALAYSIAN AIR FORCE AND MALAYSIAN ARMY AVIATION

DESTINI BERHAD

Type Announcement
Subject OTHERS
Description
DESTINI BERHAD ("DESTINI" OR "COMPANY")
LETTER OF AWARDS  CONTRACTS FOR THE SUPPLY OF SAFETY AND SURVIVAL EQUIPMENT TO THE ROYAL MALAYSIAN AIR FORCE AND MALAYSIAN ARMY AVIATION

The Board of Directors of Destini is pleased to announce that Destini Prima Sdn Bhd (“DPSB”), a wholly-owned subsidiary of Destini, had on 20 January 2022, received 2 letter of awards from Ministry of Defence Malaysia.

 

First letter of award (“Letter of Award 1”) is for the extension of the existing contract to provide maintenance, repair and overhaul services and the supply of safety and survival equipment to the Royal Malaysian Air Force (“Contract 1”). The Contract 1 ceiling is estimated at RM88.0 million.


Second letter of award (“Letter of Award 2”) is to provide maintenance, repair and overhaul services and supply of component and spare parts for safety and survival equipment to the Malaysian Army Aviation (“Contract 2”). The value of Contract 2 is approximately RM0.99 million.


Both the Letter of Award 1 and Letter of Award 2 were accepted by DPSB on 20 January 2022.

 

Further details of the Contracts are set out in the attachment below.

 

This announcement is dated 20 January 2022.




Please refer attachment below.



Announcement Info

Company Name DESTINI BERHAD
Stock Name DESTINI
Date Announced 20 Jan 2022
Category General Announcement for PLC
Reference Number GA1-20012022-00096