KUALA LUMPUR: Destini Bhd’s 70 per cent-owned subsidiary M Rail Technics Sdn Bhd has bagged a contract from the Ministry of Transport worth RM531.39 million. 

In a statement yesterday, Destini said the contract was for the Level 4 maintenance, repair and overhaul (MRO) of 35 trainsets operated by Keretapi Tanah Melayu Bhd (KTMB) for the next four-and-a-half years. 

MRail is a 70:30 joint venture company between Destini and KTMB Technics Sdn Bhd, a wholly-owned subsidiary of KTMB. 

MRail was established with the intention of providing heavy MRO services for the rail segment in Malaysia and potentially the region.