Malaysian, Male, Aged 79
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 52
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 43
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 46
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, Female, Aged 48
Chairman of Nomination Committee
Member of Audit Committee
Member of Remuneration 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 55
Chairman of Audit Committee
Member of Remuneration 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.
Malaysian, Male, Aged 58
Member of Audit Committee
Member of Nomination Committee
Mr. Ong Wah Tong is an Independent Non-Executive Director of ELK-Desa Resources Berhad and was appointed to the Board on 15 August 2024.
Mr. Ong Wah Tong has more than 30 years of professional banking experience in retail banking industry.
Between 1999 and 2011, Mr. Ong was a Branch Manager at Public Bank Berhad (PBB) where his main job role included streamlining communication between various departments within PBB for better collaboration on projects relating to client accounts and processing of loan applications. He also resolved escalated customer issues as well as managing the daily branch operations for optimal efficiency and performance to improve customer experiences.
In 2011, Mr. Ong joined the Credit Review Division of PBB. He took charge of conducting periodic reviews of existing loans, evaluating the effectiveness of credit risk controls and recommending improvements as well as detecting potential risks to ensure compliance with established credit policies and to maintain an optimal risk/reward balance.
Between 2012 and 2022, Mr. Ong was appointed as the HQ Manager of the Securities Documentation Centre (SDC) of PBB. He gained vast experience in reviewing the completeness of securities documentation such as loan agreements and collateral pledges to ensure compliance with the relevant laws and regulations and PBBs internal requirements. Mr. Ong retired from PBB in year 2022.
From year 2022 till to-date, Mr Ong has been holding the position of the Chief Executive Officer in the Budaya Potensi Group, an oil palm company located in Sabah. In his role, he has developed and implemented new policies and procedures to improve the efficiency of company operations. Further, he has also collaborated with legal, accounting, and other professional teams to review and ensure compliance with laws and regulations.