Business turnaroundWhen Rozabil emerged in Destini in early 2011, his main purpose was to turn around the company, which was then still known as Satang. On that note, Rozabil says his focus remains on building up the business of Destini. We estimate the helicopter MRO business with Mindef could be worth RM40mil annually for Destini. “We would not be surprised if the Government orders more military helicopters from Destini in the near future, providing a likely boost to Destini’s MRO business,” CIMB Research says in its recent report. In addition, the brokerage says it does not expect Destini’s business to be significantly affected by the election of Pakatan as the new government.

Source: The Star June 02, 2018 00:11 UTC