Corporate Profile

Board of Directors

Malaysian, Male, Aged 78
Chairman of Remuneration Committee

Mr. Teoh Hock Chai is the Executive Chairman of ELKDesa Resources Berhad and was appointed to the Board on 19 November 2004.

On 16 March 1971, Mr. Teoh founded Eng Lee Kredit Sdn Bhd which is currently a substantial shareholder of ELK-Desa Resources Berhad. Presently, he is the Executive Chairman of Eng Lee Kredit Sdn Bhd.

Mr. Teoh Hock Chai also serves as the Advisor to the Kuala Lumpur & Selangor Car Dealers & Credit Companies Association (KLSCDCCA).

Malaysian, Male, Aged 51

Mr. Teoh Seng Hui is the Group Executive Director and Chief Executive Officer of ELK-Desa Resources Berhad. Mr. Teoh was appointed to the Board on 1 October 2006. He was redesignated as Group Executive Director on 13 November 2014 and subsequently appointed as the Chief Executive Officer on 22 February 2018.

He graduated from the University of Kent at Canterbury, United Kingdom with a Bachelor's degree in Accounting and Law in 1993. Thereafter, he gained many years of experience in the hire purchase and furniture business.

He is also a Director of Eng Lee Kredit Sdn Bhd.

Malaysian, Male, Aged 42

Mr. Teoh Seng Hee is the Executive Director and Chief Financial Officer of ELK-Desa Resources Berhad. He was appointed as the Chief Financial Officer on 13 November 2014 and subsequently appointed to the Board on 18 February 2016.

He graduated from Nanyang Technological University, Singapore with a First Class Honours Bachelor's degree in Engineering (Electrical & Electronics) in 2004 and Master of Science (Management) Degree from Nanyang Business School, Singapore in 2008. Mr. Teoh is a Fellow of the Chartered Institute of Management Accountants ("FCMA"), a Chartered Global Management Accountant ("CGMA") and a Chartered Accountant of the Malaysian Institute of Accountants ("MIA").

Since joining the ELK-Desa Group in 2008, Mr. Teoh has been actively involved in the corporate planning, finance and general management of the Group.

He is also a Director of Eng Lee Kredit Sdn Bhd.

Malaysian, Male, Aged 45
Member of Audit Committee
Member of Nomination Committee

Mr. Teoh Seng Kar is a Non-Independent Non-Executive Director of ELK-Desa Resources Berhad and was appointed to the Board on 26 November 2010.

He graduated from Nanyang Technological University, Singapore with a Bachelor's degree in Engineering (Mechanical and Production) in 2002. Thereafter, he gained broad experience in various industries relating to procurement consultancy, plantations and property development.

Currently, he is the Group Executive Director of Unico Holdings Berhad.

Malaysian, Male, Aged 73
Chairman of Nomination Committee
Member of Audit Committee
Member of Remuneration Committee

Mr. Loong Foo Ching is the Senior Independent Non-Executive Director of ELK-Desa Resources Berhad and he was appointed to the Board on 20 September 2012.

He graduated from University of London with a Bachelor of Laws (LL. B) - honours degree and was called to the Malaysian Bar as an advocate & solicitor in 1994. He also holds a Master of Laws (LL.M) degree from University of Malaya and is an associate member of the Chartered Institute of Bankers, London (now The London Institute of Banking and Finance) and a member of Asian Institute of Chartered Bankers.

Prior to legal practice, Mr. Loong has served a total of 25 years in the banking and finance industry initially with HSBC Group and later with Sabah Development Bank Group. The principal areas of his expertise include hire-purchase facility, consumer credit, leasing, real-estate financing, corporate loans and asset/liability management.

He was on the board of 2 other listed companies as an Independent non-Executive Director between 2002 and 2015.

Mr. Loong is currently the Honorary Legal Advisor to the Association of Hire Purchase Companies of Malaysia.

Malaysian, Male, Aged 69
Chairman of Audit Committee
Member of Nomination Committee
Member of Remuneration Committee

Mr. Ng Soon Lai @ Ng Siek Chuan is an Independent Non-Executive Director of ELK-Desa Resources Berhad and was appointed to the Board on 20 September 2012. He is also a member of the Malaysian Institute of Accountants ("MIA").

Mr. Ng Soon Lai has been an associate member of the Institute of Chartered Accountants in England and Wales ("ICAEW") since 1977 and became a fellow member since 1982.

He had gained audit and accounting experience in London and Kuala Lumpur before embarking on his career path in the financial sector in 1980. He then served in various positions in a leading local merchant bank and a finance company. Subsequently, he joined Alliance Bank Malaysia Berhad in 1991 as its General Manager of Credit. He was appointed as the Chief Executive Director of Alliance Bank Malaysia Berhad in 1994 and to the Board of Alliance Merchant Bank Berhad in 2002. He then resigned from his position of Chief Executive Director of Alliance Bank Malaysia Berhad in 2005. Since then, he has held the post of Independent Non-Executive Director in several public companies.

Mr. Ng Soon Lai also sits on the Board of WCT Holdings Berhad and Eco World Development Group Berhad.

Malaysian, Female, Aged 39
Member of Remuneration Committee

Ms. Toh Jyh Wei is an Independent Non-Executive Director of ELK-Desa Resources Berhad and was appointed to the Board on 12 October 2012.

She holds a Bachelor of Laws (Honours) degree from the University of Sheffield, United Kingdom.

Ms. Toh Jyh Wei began her career at Patrick Mirandah Co. (M) Sdn Bhd, an intellectual property boutique practice as a Trademark Executive. Thereafter, she spent four (4) years in Singapore and worked as a Corporate Secretarial Associate at Tricor Singapore Pte Ltd and a Corporate Secretarial Associate at Keppel Corporation Ltd respectively. During her stint in Singapore, she has gained valuable exposure and experience by handling a portfolio of listed and non-listed companies across various industries, providing corporate secretarial advisory services to ensure that all listing and statutory requirements are complied with.

Currently, Ms. Toh Jyh Wei is managing an online retailing business that provides women's apparel which she co-founded.

Malaysian, Female, Aged 47
Member of Audit Committee

Datin Gan Kok Ling is an Independent Non-Executive Director of ELK-Desa Resources Berhad and was appointed to the Board on 19 August 2022.

She obtained her LLB (Hons) from the University of Nottingham, England and has been admitted as an advocate and solicitor of the High Court of Malaya in 1999. She has more than 23 years of experience as an advocate and solicitor in Malaysia and is currently a Partner in the banking and finance department of Messrs. Adnan Sundra & Low, Kuala Lumpur. In the first 2 years of her practice, she was extensively involved in corporate work including mergers and acquisitions, joint ventures and corporate restructuring exercises as well as real estate matters. Since 2002, she has been primarily involved in banking and finance (including Islamic finance) and debt capital market transactions. Some of her notable banking and finance and debt capital markets experience includes advising on the issue of debt securities for the financing of several infrastructure and energy projects in Malaysia.

Datin Gan Kok Ling also sits on the Board of CYL Corporation Berhad and Binasat Communications Berhad.

Malaysian, Female, Aged 54
Member of Audit Committee

Ms. Tan Tai Kim is an Independent Non-Executive Director of ELK-Desa Resources Berhad and was appointed to the Board on 23 August 2023.

She graduated with a Bachelor of Accounting (Honours) degree from the University of Malaya in 1992 and passed the professional examination of the Malaysian Association of Certified Public Accountants ("MACPA") in 1993. Ms. Tan is a member of the Malaysian Institute of Accountants ("MIA") since 1995.

After graduation, Ms. Tan started her professional career as an audit assistant with Deloitte Kassim Chan / Deloitte Touche Tohmatsu before joining Pengkalen Holdings Berhad where she worked as an Internal Audit Executive from 1994 to 1996. Ms. Tan has extensive experience of more than 27 years in the field of corporate finance and advisory. She advised on corporate exercises of corporations, special purpose vehicles and real estate investment trusts, for projects involving equity and debt fund raising, underwriting, mergers and acquisitions, initial public offering, issuances of asset based securities, reverse take-overs, divestitures, share issuance exercises, debt restructuring, general offers and independent advice to various independent boards of directors and minority shareholders for related party transactions and general offers. at various reputable financial institutions and organisations such as Southern Investment Bank Berhad, PM Securities Sdn Bhd, ECM Libra Investment Bank Berhad, Hong Leong Investment Bank Berhad and Mercury Securities Sdn Bhd. Her tenure in Hong Leong Investment Bank from July 2009 to October 2022 included roles where she undertook corporate finance and client coverage for investment banking activities involving corporate finance, equity capital market and debt funding projects and where her last held position was Senior Vice President of Corporate Finance, before assuming her current position as the Director of Corporate Finance at Mercury Securities Sdn Bhd in May 2023.