Destini Bhd (DEST)

Destini Berhad, an investment holding company, provides engineering solutions worldwide. It operates through Aviation Defense; Marine Services and Construction; Mobility; and Energy segments. The company provides maintenance, repair, and overhaul (MRO) services for the airbone and non-airbone assets and civil airline aircraft, including fixed and rotary winged aircraft; supplies safety and survival equipment; and offers cylinder testing and calibration, as well as aircraft search, rescue, and salvage services. It also involved in the engineering, procurement, construction, installation, and commissioning of renewable energy systems; provision of tubular running services for upstream onshore and offshore drilling programmes; well delivery services, which include a tubular and drilling programme; and supply of handling and drilling tools. In addition, the company provides MRO services for electric trains; and assembly, fabrication, refurbishment, and MRO services for train sets and rail systems. Further, it manufactures and supplies lifeboats, fast rescue boats, outboard and inboard diesel engines, davit systems, and hooks for commercial shipping and oil and gas industries; manufactures proprietary self-propelled hyperbaric lifeboats used in deep sea diving operations; and provides MRO services relating to lifeboats, davits, load testing equipment, fire safety, and other marine assets. Additionally, the company engages in the contract management and consultancy services to original equipment manufacturers; supply, service, and maintenance of army vehicles and buses; training and education consultancy activities; and supply of motor trolley. 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.