<div class="embed-right imgw-300"><img alt="" src="//assets.theedgemarkets.com/pics/2023/29102014-Kulim-Bandar Bahru-MP-Dtk- Abd-Aziz-Sheikh-Fadzir-crop_Bernama.png" />
<div class="thumb-cap">Datuk Abdul Aziz Sheikh Fadzir (Bernama filepix)</div>
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<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 7): Datuk Abdul Aziz Sheikh Fadzir, who has recently returned to Destini as an independent and non-executive director, has emerged as a substantial shareholder of the engineering solutions group with a 6.82% stake.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>According to a bourse filing on Friday (July 7), the Umno politician, who was formerly a member of Parliament (MP) for Kulim-Bandar Bahru, purchased 94 million shares representing 5.651% in Destini via Dayanine Equity Sdn Bhd on Friday, at 8.5 sen apiece or RM7.99 million in total.&nbsp;<br />
<br />
Following the shares purchase, Abdul Aziz has an indirect 5.65% stake in Destini, with a direct 1.17% stake.<br />
<br />
Abdul Aziz previously held the same position on Destini’s board from Aug 30, 2017 until May 18, 2018, according to the company’s past filing.<br />
<br />
Shares of Destini closed unchanged at nine sen on Friday, giving it a market capitalisation of RM149.72 million.<br />
<br />
<em>Read also:<br />
<a href="https://theedgemalaysia.com/node/673736" target="_blank">Former MP Abdul Aziz returns to Destini as independent director</a></em></p></div>


KUALA LUMPUR (July 7): Datuk Abdul Aziz Sheikh Fadzir, who has recently returned to Destini as an independent and non-executive director, has emerged as a substantial shareholder of the engineering solutions group with a 6.82% stake.

Former MP Abdul Aziz ups stake in Destini to 6.82% after rejoining its board

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