ELK-Desa Resources Berhad (5228.KL)

1.2700 +0.0100 (+0.79%) At close: 04:37PM MYT

ELK-Desa Resources Berhad

15-17, Jalan Brunei Utara
Off Jalan Pudu
Kuala Lumpur 55100
Malaysia
60 3 2145 7000
https://www.elk-desa.com.my

Sector(s): Financial Services
Industry: Credit Services
Full-time employees: 299

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Hock Chai Teoh	Executive Chairman	130k	N/A	1945
Mr. Seng Hui Teoh	CEO & Group Executive Director	65k	N/A	1972
Mr. Seng Hee Teoh	CFO & Executive Director	65k	N/A	1981
Mr. Weng Fook Loke	Group Accountant & Company Secretary	N/A	N/A	1956

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in MYR.

Description

ELK-Desa Resources Berhad, an investment holding company, provides hire-purchase financing and other integrated services for used motor vehicles in Malaysia. It operates through two segments, Hire-Purchase Financing and Furniture. The company is involved in the sale of general insurance policies as an insurance agent; and manufacture, trading, and wholesale of home furniture products. It also offers used motor vehicles related hire purchase financing services. ELK-Desa Resources Berhad is headquartered in Kuala Lumpur, Malaysia.

Corporate governance

ELK-Desa Resources Berhad’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.