Registration No. 200301030845 (633265-K) - 80 - 6. Investment in Subsidiaries (Cont’d) Details of the subsidiaries are as follows: (Cont’d) Place of Business Name of company 2026 2025 Principal activities % % Effective / Country of equity interest Incorporation Held through Destini Armada Pte. Ltd.: Vanguarde Pte. Ltd.* 100 100 Importer and exporter of life boats and life saving appliances Held through Vanguarde Pte. Ltd.: Vanguard (Nantong) 100 100 Manufacturing of life boats F.R.P. Co. Ltd.# and life-saving appliances Held through Destini Global Investment L.L.C: TF Corp Pte. Ltd.* 100 100 Investment holding Held through TF Corp Pte. Ltd.: Techno Fibre 100 100 Servicing the needs of Australia Shipping and Petroleum Pty. Ltd.* Companies and supporting their fleets Techno Fibre 100 100 Providing installation & Middle East maintenance of marine Marine Services equipment (FZE)* Techno Fibre (S) 100 100 Fabrication and repair of Pte. Ltd.* fibre composite boats Trovon Group - 100 Mainline, high speed, Pty. Ltd.* freight metro and light rail component remediation services Singapore People's Republic of China Australia United Arab Emirates Singapore Singapore Australia * Subsidiaries not audited by UHY Malaysia PLT # Audited by an independent member firm of UHY International DESTINI BERHAD 193 ANNUAL REPORT 2026
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