Destini (KLSE:DESTINI) unit M Rail Technics secured a 45.6 million ringgit contract from Malaysia's Railway Assets to provide scheduled and unscheduled maintenance, repairs and overhauls for 13 diesel multiple unit trains.
Shares gained 4% in Tuesday's late morning trade.
The 24-month contract will run from Sept. 1, 2026, to Aug. 31, 2028, according to a Monday Malaysian bourse filing.
Destini said the contract is expected to contribute positively to its earnings.