DESTINI Annual Report 2020

Name of company Place of Business / Country of Incorporation Effective equity interest Principal activities 2020 2019 % % Held through TF Corp Pte. Ltd.: Techno Fibre Australia Pty. Ltd.* Australia 100 100 Servicing the needs of Shipping and Petroleum Companies and supporting their fleets Techno Fibre Middle East Marine Services (FZE)* United Arab Emirates 100 100 Providing installation & maintenance of marine equipment Techno Fibre (S) Pte. Ltd.* Singapore 100 100 Fabrication and repair of fibre composite boats Destini Marine Safety Solutions Ltd.* United Kingdom 60 60 Technical testing and repair and maintenance of analysis TF Corp Saudi Arabia Co. Ltd.* Kingdom of Saudi Arabia 51 51 Providing installation & maintenance of marine equipment Held through AMS Marine Pte. Ltd.: AMS Engineering Solutions Sdn. Bhd. Malaysia 100 100 Building and repairing of ships, tankers and other ocean-going vessels * Subsidiaries not audited by UHY 6. Investments in Subsidiaries (Cont’d) Details of the subsidiaries are as follows: (Cont’d) ANNUAL REPORT 2020 DESTINI BERHAD Notes to Financial Statements 135