Reference is made to the Companys announcements dated 7 May 2008 (First Announcement), 2 June 2008, 1 July 2008, 1 August 2008, 2 September 2008, 3 October 2008, 7 October 2008, 3 November 2008, 1 December 2008, 22 December 2008, 6 January 2009, 7 January 2009, 15 January 2009, 3 February 2009, 2 March 2009, 24 March 2009, 1 April 2009, 2 April 2009, 23 April 2009, 6 May 2009, 1 June 2009, 22 June 2009, 1 July 2009, 2 July 2009, 3 July 2009, 6 July 2009, 7 July 2009, 17 July 2009, 3 August 2009, 1 September 2009, 7 September 2009, 27 October 2009, 30 October 2009, 2 November 2009, 16 November 2009, 1 December 2009, 5 January 2010, 2 February 2010, 1 March 2010, 1 April 2010, 28 April 2010, 3 May 2010, 1 June 2010, 1 July 2010, 2 August 2010, 1 September 2010, 1 October 2010, 1 November 2010, 1 December 2010, 3 January 2011, 2 February 2011, 2 March 2011, 10 March 2011, 23 March 2011, 1 April 2011, 3 May 2011, 1 June 2011, 1 July 2011, 1 August 2011, 2 September 2011, 26 September 2011 and 3 October 2011 respectively.

The Board of Directors of Destini ("Board") wishes to announce that the Company is in the midst of finalising the circular to shareholders to approve the proposed restructuring scheme of the Company at an extraordinary general meeting to be convened.

Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 1 November 2011.