ELK-Desa Resources Berhad is an investment holding company. The Company, through its subsidiary, ELK-Desa Capital Sdn Bhd is primarily involved in the business of hire purchase financing for used motor vehicles. The Company is also involved in selling general insurance policies as an insurance agent through ELK-Desa Risk Agency Sdn Bhd.
The Company’s segments include Hire purchase financing, which is engaged in hire-purchase financing and other integrated services (insurance agent), and Furniture, which is engaged in trading of furniture.
The Company operates its furniture business under its subsidiary, ELKDesa Furniture Sdn Bhd, with its house brand name ELK-DeSA.
The Company has approximately four furniture retail showrooms located in Klang and Shah Alam. The Company also exports its furniture to other countries.
|August 2019||1QFY20 Results Update||BCT Asia||Buy|
|August 2019||Update Report||BCT Asia||Buy|
|February 2019||3QFY19 Results Update||BCT Asia||Buy|
|November 2018||2QFY19 Results Update||BCT Asia||Buy|
|August 2018||1QFY19 Results Update||BCT Asia||Buy|