page_title: Destini Berhad
section_title: History
hierarchical_section_title: Destini Berhad / History
caption_attribution_description: English: Front view of a scale model of an OPV-1800 vessel made by the Dutch company Damen. Photo taken during the 2018 Asian Defence and Security (ADAS) Trade Show at the World Trade Center in Pasay, Metro Manila.
context_page_description: Destini Berhad is a Malaysian company that provides products and services for the three branch of defence systems and oil and gas. This company was formed in 1991 under the name of Satang Jaya Sdn Bhd. At the beginning, this company involved in the business as a supplier of aviation tools and spare parts from Original Equipment Manufacturers to Malaysian government especially for Malaysian Armed Forces. The company first time entry into Bursa Malaysia in December 2005 and in September 2011, Satang Jaya Sdn Bhd changed its name to Destini Berhad as a part of company expansions. Destiny Berhad consist of four divisions which is System Enhancement Resources & Technologies for land systems, Destini Aviation for aerospace, Destini Armada for marine and Destini Oil Services for oil and gas.
context_section_description: In May 1998, Destini Berhad awarded long-term contract to provide MRO services for Royal Malaysian Air Force (RMAF) equipment under the RMAF Contractorization Programme introduced by MINDEF in 1998.
  In December 2012, Destini Berhad acquired a 51% stake in Singapore-based Vanguard Composite Engineering Pte Ltd. This marked as the first time Destini Berhad enters in marine industry.
  By February 2012, Destini Berhad enters in automotive industry by acquiring a 50% stake in automotive supply, fabrication and service company System Enhancement Resources & Technologies Sdn Bhd (SERT). With this acuisition, Destini Berhad has manufactured and supplied military and commercial vehicles for various government agencies.
  Destini Berhad enters in oil and gas industry in March 2013 by purchasing the Samudra Oil Services Sdn Bhd in a contract value RM80 million. This company now known as Destini Oil Services.
  In June 2015 Destini Berhad enters into aerospace business by acquiring a 80% stake in Safeair Technical Sdn Bhd and also formed the joint venture with UK-based Avia Technique Limited.
  In November 2015, Destini Berhad subsidiary, Destini Shipbuilding and Engineering awarded a contract to build six New Generation Patrol Craft (NGPC) namely Bagan Datuk-class patrol vessel for Malaysian Maritime Enforcement Agency (MMEA).
  In November 2016, Destini Berhad subsidiary Halaman Optima inked a deal to supply six MD-530G light attack helicopter for Malaysian Army.
  In January 2017, Destini Berhad joint venture with THHE has won a contract to build three Damen 1800-class offshore patrol vessel for MMEA.
  Source:
caption: The model of Damen 1800-class OPV at ADAS 2018. This ship locally built by Destini Berhad and its joint venture company THHE with assistance from Damen Netherland.
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