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Tuesday, April 8, 2014

Destini Prima wins RM98.85 mln Defence Ministry contract (Edge)

Destini Prima Sdn Bhd, a unit of Destini Bhd, has been awarded a RM98.85 million Defence Ministry contract to supply
spare parts for a "non-proprietary" aircraft of the Royal Malaysian Air Force.

The three-year contract is expected to have a positive contribution to earnings per share, net assets per share and gearing of the Destini Group, it said in a filing to Bursa Malaysia today.

Destini is involved in the distribution and supply of defence equipment, commercial aviation, marine equipment, as well as maintenance of safety and survival equipment.

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