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ELK-Desa Resources Bhd
15-17, Jalan Brunei Utara Off Jalan Pudu
Phone: +60 321457000p:+60 321457000 KUALA LUMPUR, 55100  Malaysia Ticker: ELKDESAELKDESA
Business Summary
ELK-Desa Resources Berhad is an investment holding company. The Company operates through two segments: Hire purchase financing and Furniture. The Hire purchase financing segment is engaged in hire-purchase financing and other integrated services (insurance agent). The Furniture segment is engaged in trading and wholesaling of home furniture. Its furniture products are predominantly manufactured by contract manufacturers locally and from overseas. The Company, through its subsidiaries, ELK-Desa Capital Sdn Bhd is primarily involved in the business of hire purchase financing for used motor vehicles, as well as selling general insurance policies as an insurance agent., and ELK-Desa Furniture Sdn Bhd, which is involved in the business of trading and wholesaling of home furniture. The Company has two furniture retail showrooms located in Klang, Selangor. The products are distributed by the Company under its own brand, ELK-DESA.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20233/31/2023Yes----

Industries
SIC Code Description
6159 Miscellaneous business credit institutions
5023 Homefurnishings
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board Hock ChaiTeoh 78 2/22/2018 11/19/2004
Chief Executive Officer, Group Executive Director Seng HuiTeoh 51 2/22/2018 10/1/2006
Chief Financial Officer, Executive Director Seng HeeTeoh 42 2/18/2016 11/13/2014
6 additional Officers and Directors records available in full report.

General Information
Number of Employees: 194 (As of 3/31/2023)
Outstanding Shares: 454,808,456 (As of 12/31/2023)
Shareholders: 16,329
Stock Exchange: KUL
Fax Number: +60 321458258


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Tuesday, April 23, 2024