Company ELK-Desa Resources

Equities

ELKDESA

MYL5228OO001

Consumer Lending

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1.26 MYR 0.00% Intraday chart for ELK-Desa Resources 0.00% +0.80%

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.

Number of employees: 299

Sales per Business

MYR in Million2022Weight2023Weight Delta
Hire-purchase Financing
64.9 %
85 66.2 % 101 64.9 % +18.12%
Furniture
35.1 %
44 33.8 % 54 35.1 % +24.98%

Sales per region

MYR in Million2022Weight2023Weight Delta
Malaysia
100.0 %
129 100.0 % 155 100.0 % +20.44%

Managers

Managers TitleAgeSince
Chief Executive Officer 52 06-09-30
Director of Finance/CFO 43 14-11-12
Investor Relations Contact 68 11-10-31

Members of the board

Members of the board TitleAgeSince
Chairman 79 04-11-18
Director/Board Member 70 12-09-19
Director/Board Member 75 12-09-19
Chief Executive Officer 52 06-09-30
Director/Board Member 47 10-11-25
Director/Board Member 40 12-10-11
Director of Finance/CFO 43 14-11-12
Director/Board Member 48 22-08-18
Director/Board Member 55 23-08-22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 454,808,456 131,541,764 ( 28.92 %) 0 28.92 %

Shareholders

NameEquities%Valuation
ELK Group Sdn. Bhd.
42.23 %
192,080,000 42.23 % 51 M RM
Amity Corp. Sdn. Bhd.
4.947 %
22,500,000 4.947 % 6 M RM
Zhongxin Resources Sdn. Bhd.
3.412 %
15,520,000 3.412 % 4 M RM
15,335,224 3.372 % 4 M RM
Teoh Hock Chai Family (L) Foundation
1.759 %
8,000,000 1.759 % 2 M RM
Zhongxin Capital Sdn. Bhd.
1.759 %
8,000,000 1.759 % 2 M RM
Unico Holdings Bhd
1.666 %
7,579,303 1.666 % 2 M RM
7,500,000 1.649 % 2 M RM
6,481,483 1.425 % 2 M RM
5,400,072 1.187 % 1 M RM

Company contact information

ELK-Desa Resources Bhd.

No. 15-17, Jalan Brunei Utara Off Jalan Pudu

55100, Kuala Lumpur

+

http://www.elk-desa.com.my
address ELK-Desa Resources(ELKDESA)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
2
Last Close Price
1.26 MYR
Average target price
1.2 MYR
Spread / Average Target
-4.76%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. ELKDESA Stock
  4. Company ELK-Desa Resources