ELK-Desa Resources Bhd.
MMYX:ELKDESA0.97
MYR
0.00
(0.00%)
ISIN
MYL5228OO001
Return %
Stock
S&P 500
1Y
-13.39
13.14
3Y
-25.38
80.78
5Y
4.68
67.74
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Seng Hui Teoh
- Full Time Employees
- 344
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Kuala Lumpur Malaysia
- IPO Date
- Nov 21, 2012
- Website
- elk-desa.com.my
- Similar Companies
- Business
- ELK-Desa Resources Berhad is a Malaysia-based investment holding company primarily engaged in the provision of non-bank financial services and the trading and distribution of home furniture. Established in 1989 and headquartered in Kuala Lumpur, Malaysia, the company operates through two primary business segments: Hire Purchase Financing and Furniture. The Hire Purchase Financing division focuses on used motor vehicle financing, catering predominantly to mass-market and underserved buyers; general insurance agency services, encompassing motor vehicle comprehensive insurance, third-party coverage, and road tax renewal; and credit assessment and loan collection services operated through subsidiaries such as ELK-Desa Capital Sdn. Bhd. and ELK-Desa Risk Agency Sdn. Bhd. The Furniture division, operating under the ELK-DeSA brand through ELK-Desa Furniture Sdn. Bhd., manufactures, assemblies, wholesales, and retails home furniture products, including living room sofas and tables; dining sets; bedroom furniture and wardrobes; mattress collections; and home storage units distributed across Peninsular and East Malaysia. In recent strategic developments, ELK-Desa Resources Berhad has expanded its hire purchase financing operations and dealer network beyond the Klang Valley into other urban centers across Peninsular Malaysia, diversified its capital structure through ongoing multi-currency and medium-term financing programs to support loan book growth, implemented enhanced digital loan origination and credit underwriting systems to accelerate processing efficiency and manage asset quality, and broadened its furniture segment product portfolio and warehousing infrastructure to strengthen distribution partnerships with domestic retailers.