CEO Morning Brief

Destini Delivers Six MD530G Helicopters to Malaysian Army

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Publish date: Tue, 14 Jun 2022, 08:49 AM
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TheEdge CEO Morning Brief
Destini delivers six MD530G helicopters to Malaysian army

KUALA LUMPUR (June 13): Destini Bhd (Destini) has completed the delivery of six MD530G helicopters to the Malaysian army, after concluding the Final Acceptance Test.

In a statement Monday (June 13), Destini said with the delivery of the six multipurpose armed reconnaissance helicopters, the group could leverage its expertise in maintenance, repair and overhaul (MRO) to secure MRO services on the helicopters and on other army air unit assets.

“Halaman Optima Sdn Bhd (HOSB) was awarded the contract to deliver the helicopters, worth RM321 million, by the Ministry of Defence in 2015.

“In 2017, Destini Group acquired a 70% equity interest in HOSB through its wholly-owned subsidiary Destini Prima Sdn Bhd,” Destini said in a filing with Bursa Malaysia on Monday

In February 2022, all six helicopters took a 31-day journey to arrive in Malaysia, after their pre-delivery inspection concluded in December last year.

The MD530G helicopters are manufactured by United States aerospace company MD Helicopter Inc.

The helicopters will be stationed in the Eastern Sabah Security Command (Esscom) and the army’s air base in Kluang, Johor.

Source: TheEdge - 14 Jun 2022

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