Defence Contract

Destini Awarded Army 70mm Rockets Contract

SHAH ALAM: Destini Bhd on June 27 announced its wholly owned subsidiary, Destini Prima Sdn Bhd (“DPSB”), accepted a letter of award from Defence Ministry for the procurement, supply, and delivery of 70mm rockets (2.72 inch) to the Army. The value of the contract is a RM18.75 million, the company […]

Defence Contract

Close To Delivery MD530G

SHAH ALAM: Close to delivery MD530G. It appears that the MD Helicopter MD530G light scout attack helicopters is close to be delivered. I am basing this on two Twitter posts from a Vertical Mag journalist who was given an opportunity to fly on the helicopters in the last couple of […]

commentary

Delays to the MMEA OPV

SHAH ALAM: Delays to the MMEA OPV. Destini Bhd which had divested itself from the MMEA OPV project in April this year has in its 2020 annual report explained what happened to the project. The company said the Covid 19 pandemic was partly responsible for the delays. Destini sold its […]

MMEA OPV
Malaysia- MMEA

Further Update of MMEA OPV

SHAH ALAM: Further update of the MMEA OPV. As reported previously, the first of class MMEA OPV, built by the THHE Destini JV, is expected to be launched late this year. Work on the three ships are progressing well, I am told, with 54 per cent work already completed. The […]

defence Industry

New MRO In The Works

SHAH ALAM: New MRO in the works. Two public listed companies, Destini Bhd and Sapura Resources Bhd, has announced an agreement to set up a new joint venture, an aircraft sale, leasing and MRO company. Destini made the announcement to Bursa Saham on June 20. The release: The Board of […]

Malaysia- MMEA

Sea Trials for First NGPC

SHAH ALAM:The first MMEA New Generation Patrol Craft (NGPC) is currently undergoing sea trials as part of the work-up for her commissioning into service. The trials are being conducted in the waters around Port Klang though it is likely that the ship – bearing the hull number 4541 – will […]