Reference is made to the Company’s announcements made on 27 October 2016, 30 November 2016, 8 December 2016 and 19 January 2017 respectively.

Destini Berhad (“Destini” or “the Company”) wishes to update that the Government of Malaysia vide its letter dated 17 November 2020 has approved an extension of time for the supply, delivery, testing and commissioning of three (3) units of Offshore Patrol Vessels (“OPV”) C/W fitting and accessories for Malaysian Maritime Enforcement Agency (“Contract”) (“EOT”) with effect from 23 August 2020 to 22 August 2022. The average current progress of the works for the OPVs is approximately 74%.

In view of the EOT above, delivery dates for the 3 OPVs initially scheduled on  22 October 2021 for OPV 1, 22 April 2022 for OPV 2 and 22 August 2022 for OPV 3 have been extended to 22 February 2022, 22 April 2022 and 22 August 2022 respectively. Launching for the OPV1 which works in progress has reached 89.5% is targeted to be by the end of August 2021.

This announcement is dated 6 April 2021.