Registration No. 200301030845 (633265-K) - 28 - DESTINI BERHAD (Incorporated in Malaysia) NOTES TO THE FINANCIAL STATEMENTS 30 JUNE 2026 1. Corporate Information The Company is a public limited liability company, incorporated and domiciled in Malaysia and is listed on the Main Market of Bursa Malaysia Securities Berhad. The registered office and the principal place of business of the Company is located at No. 10, Jalan Jurunilai U1/20, Hicom Glenmarie Industrial Park, 40150 Shah Alam, Selangor Darul Ehsan. The principal activities of the Company are those of investment holding and provision of management services, whilst the principal activities of the Group, comprising the Company and its subsidiaries, are the provision of integrated engineering solutions covering supply and maintenance of aviation and defence equipment, oil and gas services and renewable energy projects, maintenance and overhaul of trains, and manufacturing and servicing of marine safety equipment and related engineering services. 2. Basis of Preparation (a) Statement of compliance The financial statements of the Group and the Company have been prepared in accordance with Malaysian Financial Reporting Standards (“MFRSs”), International Financial Reporting Standards (“IFRS”) and the requirements of the Companies Act 2016 in Malaysia. The financial statements of the Group and the Company have been prepared under the historical cost convention, unless otherwise indicated in the material accounting policies below. Adoption of new and amended standards During the financial year, the Group and the Company have adopted the following new and amendments to MFRSs issued by the Malaysian Accounting Standards Board (“MASB”) that are mandatory for the current financial year: Amendments to MFRSs MFRS 121 Lack of Exchangeability The adoption of the above new and amendments to MFRSs did not have any significant impact on the financial statements of the Group and of the Company. NOTES TO THE FINANCIAL STATEMENTS 30 JUNE 2026 DESTINI BERHAD 141 ANNUAL REPORT 2026
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