Elk-Desa Resources Berhad

ELK-Desa Resources Berhad is a Malaysia-incorporated group listed under the Financial Services Sector on the Main Market of Bursa Malaysia Securities Berhad since 18 December 2012. Its primary business is hire purchase financing, where it operates as an established non-bank lender focused on the used motor vehicles sector and on buyers seeking small value financing, a segment described as underserved by financial institutions. The Group also cross-sells motor related general insurance products to its hire purchase customers. In addition, ELK-Desa is involved in furniture trading, having started operations in mid-2015, currently focused on wholesaling home furniture in the domestic market.

ELK-Desa Resources Berhad is incorporated and based in Malaysia. It has been listed under the Financial Services Sector on the Main Market of Bursa Malaysia Securities Berhad since 18 December 2012. Its hire purchase financing business remains the Group's primary business activity and income generator, operating as an established non-bank lender in the used motor vehicles sector and targeting buyers seeking small value financing. The Group also cross-sells motor related general insurance products to its hire purchase customers. Its furniture trading segment started operations in mid-2015 and is currently focused on wholesaling home furniture in the domestic market.

Established non-bank lender and reputable hire purchase financer in the used motor vehicles sector, targeting small value financing buyers underserved by financial institutions.

• Hire purchase financing

  Non-bank hire purchase financing focused on the used motor vehicles sector and small value financing.

• Motor related general insurance (cross-sell)

  Cross-sold to hire purchase customers.

• Home furniture wholesaling

  Furniture trading segment focused on wholesaling home furniture in the domestic market.

1. 1ELK-Desa Resources Berhad - Homeelk-desa.com.my
2. 2ELK-Desa Resources Berhad - Corporate Informationelk-desa.com.my
3. 3Elk-Desa Resources Berhadwikidata.org