Board Of Directors

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).

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.

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.

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.

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.

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 Tune Protect Group Berhad, China Construction Bank (Malaysia) Berhad and WCT Holdings Berhad.

Mr. Yee Kin Lan is an Independent Non-Executive Director of ELK-Desa Resources Berhad and was appointed to the Board on 12 October 2012.

He holds a Master of Business Administration from the University of Hull, United Kingdom. He is a member of the Malaysian Institute of Management since 1989, and also a registered financial planner with the Malaysian Financial Planning Council since 2006.

Mr. Yee Kin Lan has extensive exposure and knowledge on the local banking and financial industry having spent his entire career working at three (3) different Malaysian banks before retiring in 2011. He started his career with Public Bank Berhad in 1983, and held various managerial positions including Branch Manager before leaving to join Pacific Bank Berhad, also as a Branch Manager in 1997. In 2001, Mr. Yee Kin Lan, along with other employees of Pacific Bank Berhad, was absorbed by Malayan Banking Berhad after a merger exercise. He was promoted to the position of Head of Business Development (Zone Manager) in 2002 and to Head of Regional Business in 2009 where he managed the operation control and business performance of all the branches within the Federal Territory region.

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.

Datin Gan Kok Ling is a Partner in the banking and finance department of Messrs. Adnan Sundra & Low, Kuala Lumpur since January 2008.

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 and debt capital markets.

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, including light rail transit, monorail, highways, telecommunications, gas and coal fired power plants and solar plants, private finance initiative fundings and the privatisation of water supply in Malaysia; government guaranteed debt issuances by various government agencies and government-linked companies; the securitisation of staff loans originated by a corporation and the corresponding issuance of asset backed securities; the issuance of stapled income securities; issuances of structured products and structured warrants, several issuances of conventional and Islamic convertible securities; several issuances of perpetual securities; issuances of exchangeable bonds and Sukuk; real property securitisation exercises, issuances of sustainable and responsible investment (SRI) Sukuk and Asean Bonds and Sukuk (including Green, Social and Sustainability issuances) and issuances of notes and Sukuk by real estate investment trust issuers in Malaysia.