【ELKDESA 5228 交流专区】ELK帝沙资源

APULA

ELK-DESA RESOURCES BERHAD

EX-date	13/09/2013
Entitlement date	18/09/2013
Entitlement time	04:00:00 PM
Entitlement subject	First and Final Dividend
Entitlement description	First and Final Single Tier Dividend of 6.5 sen per share for the financial year ended 31 March 2013
Period of interest payment	to
Financial Year End	31/03/2013
Share transfer book & register of members will be	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	Tricor Investor Services Sdn Bhd Level 17, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur Tel No: 03-22643883 Fax No: 03-22821886
Payment date	03/10/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	18/09/2013
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.065

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SUMMARY OF KEY FINANCIAL INFORMATION 30/06/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/06/2013	30/06/2012	30/06/2013	30/06/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	10,819	10,268	10,819	10,268
2	Profit/(loss) before tax	6,230	6,445	6,230	6,445
3	Profit/(loss) for the period	4,659	4,828	4,659	4,828
4	Profit/(loss) attributable to ordinary equity holders of the parent	4,659	4,828	4,659	4,828
5	Basic earnings/(loss) per share (Subunit)	3.73	4.83	3.73	4.83
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.3100		1.2700

Remarks :

The Financial Results should be read in conjunction with the audited financial statements of the Company for the year ended 31 March 2013.

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ELK-DESA RESOURCES BERHAD

Particulars of substantial Securities Holder

Name	Amity Corporation Sdn Bhd
Address	60 Jalan Hang Lekiu, 50100 Kuala Lumpur
NRIC/Passport No/Company No.	74000-D
Nationality/Country of incorporation	Malaysia
Descriptions (Class & nominal value)	Ordinary share of RM1.00 each
Name & address of registered holder	Amity Corporation Sdn Bhd 60 Jalan Hang Lekiu, 50100 Kuala Lumpur EB Nominees (Tempatan) Sdn Bhd Pledged securities account for Amity Corporation Sdn Bhd [Margin] Level 5, Wisma Hong Leong, 18, Jalan Perak, 50450 Kuala Lumpur Malaysia Nominees (Tempatan) Sdn Bhd Pledged securities account for Amity Corporation Sdn Bhd [Margin] Menara OCBC, 13th Floor, 18 Jalan Tun Perak, 50050 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Transferred	07/11/2013	6,935,892

Circumstances by reason of which change has occurred	Shares transferred.
Nature of interest	Direct interest
Direct (units)	8,547,992
Direct (%)	6.84
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	8,547,992
Date of notice	12/11/2013

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30/09/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/09/2013	30/09/2012	30/09/2013	30/09/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	11,863	10,177	22,682	20,446
2	Profit/(loss) before tax	5,411	5,174	11,641	11,618
3	Profit/(loss) for the period	4,009	3,839	8,668	8,667
4	Profit/(loss) attributable to ordinary equity holders of the parent	4,009	3,839	8,668	8,667
5	Basic earnings/(loss) per share (Subunit)	3.21	3.84	6.93	8.67
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.2800		1.2700

Remarks :

The Financial Results should be read in conjunction with the audited financial statements of the Company for the year ended 31 March 2013.

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Notice of Person Ceasing (29C)

ELK-DESA RESOURCES BERHAD

Particulars of substantial Securities Holder

Name	Eng Lee Capital Sdn Bhd
Address	15-17, Jalan Brunei Utara, Off Jalan Pudu, 55100 Kuala Lumpur
NRIC/Passport No/Company No.	546265-H
Nationality/Country of incorporation	Malaysia
Descriptions (Class & nominal value)	Ordinary share of RM1.00 each
Date of cessation	09/12/2013
Name & address of registered holder	Eng Lee Capital Sdn Bhd 15-17, Jalan Brunei Utara Off Jalan Pudu, 55100 Kuala Lumpur
Currency	Malaysian Ringgit (MYR)
Number of securities disposed	9,559,970
Price Transacted ($$)
Circumstances by reason of which a person ceases to be a substantial securities Holder	Disposal of all the shares held in ELK-Desa Resources Berhad vide Married Deal.
Nature of interest	Direct interest
Date of notice	10/12/2013

Name	Teoh Hock Chai @ Tew Hock Chai
Address	82, Jalan SS2/24, 47300 Petaling Jaya
NRIC/Passport No/Company No.	450603-10-5265
Nationality/Country of incorporation	Malaysian
Descriptions (Class & nominal value)	Ordinary share of RM1.00 each
Name & address of registered holder	Teoh Hock Chai @ Tew Hock Chai 82 Jalan SS2/24, 47300 Petaling Jaya. ELK Group Sdn Bhd. 15-17, Jalan Brunei Utara, Off Jalan Pudu, 55100 Kuala Lumpur. Eng Lee Capital Sdn Bhd 15-17, Jln Brunei Utara, Off Jln Pudu, 55100 Kuala Lumpur Eng Lee Kredit Sdn Bhd 15-17, Jalan Brunei Utara, Off Jalan Pudu, 55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Disposed	09/12/2013	7,340,485
Acquired	09/12/2013	16,900,455
Disposed	09/12/2013	9,559,970

Circumstances by reason of which change has occurred	Deemed interests in shares acquired and disposed vide Married Deals.
Nature of interest	Deemed interests pursuant to S6A of the Companies Act, 1965.
Direct (units)	1,250,000
Direct (%)	1
Indirect/deemed interest (units)	29,939,931
Indirect/deemed interest (%)	23.95
Total no of securities after change	31,189,931
Date of notice	10/12/2013

icy97

永联5配4发ICULS

财经新闻 财经  2013-12-17 13:12
（吉隆坡16日讯）永联资源（ELKDESA，5228，主板金融股）建议，通过5配4的比例，发行最高1亿令吉的8年期不可赎回可转换无担保债券（ICULS）。

永联资源计划以每5股普通股，配售4单位票面价值1令吉的ICULS，殖利率为3.25%。

永联资源截至12月13日的5天交易量加权平均价格（VWAP）为1.4987令吉，ICULS的转换价定为1.25令吉。

永联资源预期，ICULS可筹措1亿令吉，其中8070万令吉用于扩展车贷业务、1800万令吉是偿还银行贷款，以及余款130万令吉是支付ICULS所需开销。[南洋网财经]

ELK-DESA RESOURCES BERHAD

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	ELK-DESA RESOURCES BERHAD ("ELK-DESA" OR THE "COMPANY") Proposed renounceable rights issue of irredeemable convertible unsecured loan stock (“ICULS”) of up to RM100,000,000 in nominal value with coupon rate of 3.25% per annum on the nominal value of the ICULS at 100% of the nominal value of RM1.00 each for a tenure of eight (8) years (“Rights ICULS”) on the basis of four (4) Rights ICULS of RM1.00 each in nominal value for every five (5) existing ordinary shares of RM1.00 each in ELK-Desa (“ELK-Desa Share(s)”) held on an entitlement date to be determined later (“Entitlement Date”) (“Proposed Rights Issue of ICULS”)
Further details of the Proposed Rights Issue of ICULS is set out in the attachment below.

Attachments ELK-Desa - Announcement.pdf

icy97

分期付款业务报捷 永联资源净利飙84%

财经新闻 财经  2014-02-14 10:12
（吉隆坡13日讯）分期付款业务报捷，激励永联资源（ELKDESA，5228，主板金融股）截至去年12月杪第三季净利，按年弹升83.9%，至393万8000令吉，上财年同期为214万1000令吉。

同季营业额则按年扬22.8%，至1232万6000令吉，上财年同期报1003万9000令吉，第三季每股盈利为3.15仙。

截至去年杪首三季，该公司共净赚1260万5000令吉，按年增16.6%。

永联资源营业额也按年扬14.8%，至3500万8000令吉。

该公司指出，本地经济面对着通胀压力，在分期付款应收账款复苏缓慢的情况下，将会影响其现财年盈利表现。

因此，该公司将会继续密切关注该情况，以及提升收账效率，把上述影响力降低。

尽管如此，本地二手车车贷市场将会继续温和增长，永联资源将会持续增长其车贷投资组合。【南洋网财经】

SUMMARY OF KEY FINANCIAL INFORMATION 31/12/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/12/2013	31/12/2012	31/12/2013	31/12/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	12,326	10,039	35,008	30,485
2	Profit/(loss) before tax	5,312	3,457	16,953	15,076
3	Profit/(loss) for the period	3,938	2,141	12,605	10,808
4	Profit/(loss) attributable to ordinary equity holders of the parent	3,938	2,141	12,605	10,808
5	Basic earnings/(loss) per share (Subunit)	3.15	2.06	10.08	10.67
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.3100		1.2700

Remarks :

The Financial Results should be read in conjunction with the audited financial statements of the Company for the year ended 31 March 2013.

icy97

ELK-DESA RESOURCES BERHAD

EX-date	14/03/2014
Entitlement date	18/03/2014
Entitlement time	05:00:00 PM
Entitlement subject	Rights Issue
Entitlement description	Renounceable rights issue of irredeemable convertible unsecured loan stock ("ICULS") of RM100,000,000 in nominal value with coupon rate of 3.25% per annum on the nominal value of the ICULS at 100% of the nominal value of RM1.00 each for a tenure of eight (8) years ("Rights ICULS") on the basis of four (4) Rights ICULS of RM1.00 each in nominal value for every five (5) existing ordinary shares of RM1.00 each in ELK-Desa Resources Berhad ("ELK-Desa") ("ELK-Desa Share (s)") held as at 5.00 p.m. on 18 March 2014 ("Rights Issue of ICULS")
Period of interest payment	to
Financial Year End
Share transfer book & register of members will be	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	Tricor Investor Services Sdn Bhd Level 17, The Gardens North Tower Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur Tel: 603-2264 3883 Fax: 603-2282 1886
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	18/03/2014
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Ratio
Ratio	4 : 5
Rights Issues/Offer Price	1

Despatch Date	20/03/2014
Date for commencement of trading of the rights	19/03/2014
Date for despatch of abridged prospectus and subscription forms	20/03/2014
Date for cessation of trading of the rights	01/04/2014
Date for announcement of final subscription result and basis of allotment of excess Rights Securities	14/04/2014
Listing date of the Rights Securities	18/04/2014

Last date and time for	Date	Time
Sale of provisional allotment of rights	31/03/2014	at	05:00:00 PM
Transfer of provisional allotment of rights	03/04/2014	at	04:00:00 PM
Acceptance and payment	08/04/2014	at	05:00:00 PM
Excess share application and payment	08/04/2014	at	05:00:00 PM

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ELK-DESA RESOURCES BERHAD

Particulars of substantial Securities Holder

Name	Unico Holdings Berhad
Address	8th Floor, Menara BGI, Plaza Berjaya, 12 Jalan Imbi, 58100 Kuala Lumpur.
NRIC/Passport No/Company No.	70785 V
Nationality/Country of incorporation	Malaysian
Descriptions (Class & nominal value)	Entitlement of Rights Issue of Irredeemable Convertible Unsecured Loan Stock (ICULS)
Name & address of registered holder	Unico Holdings Berhad 8th Floor, Menara BGI, Plaza Berjaya, 12 Jalan Imbi, 58100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Others	18/03/2014	23,674,508
Disposed	21/03/2014	3,201,700
Disposed	25/03/2014	4,175,600
Disposed	26/03/2014	5,127,900

Description of other type of transaction	Entitlement of Rights Issue of Irredeemable Convertible Unsecured Loan Stock (ICULS)
Circumstances by reason of which change has occurred	Disposal of rights in open market
Nature of interest	Direct
Direct (units)
Direct (%)
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	11,169,308
Date of notice	27/03/2014

icy97

ELK-DESA RESOURCES BERHAD

Type	Announcement
Subject	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD
Description	Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company had received notification from Mr Teoh Hock Chai @ Tew Hock Chai, the Non-Independent Non-Executive Chairman of ELK-Desa Resources Berhad, on 01.04.2014 in relation to his deemed interest in the Entitlement of Rights ICULS acquired by ELK Group Sdn Bhd. The details as set out in the table below:
Date of Dealing Description Unit of entitlement of Rights ICULS acquired Unit Price per entitlement of Rights ICULS (RM) % of Entitlement of Rights ICULS 20.03.2014 21.03.2014 24.03.2014 25.03.2014 26.03.2014 27.03.2014 28.03.2014 31.03.2014 Deemed interest  in Entitlement of Rights ICULS 460,400 2,926,200 1,182,700 4,430,700 6,000,000 5,000,000 5,862,200 1,397,800 _________ 27,260,000 _________ Average @ RM0.018 27.26 %

APULA

財報好信貸風險管理佳 永聯資源成券商心頭好
財經股市11 Apr 2014 21:31
http://www.chinapress.com.my/node/516581

（吉隆坡11日讯）永联资源（ELKDESA，5228，主要板金融）自2012年底上市以来，过去3个財年表现优越，信贷风险管理佳，负债率低，3大核心业务互有协同效益，获MIDF证券研究选为市值10亿令吉以下的推荐股项。

永联资源主要业务为二手汽车购买者提供贷款，该业务贡献公司营业额近90%。

“永联资源也涉及保险代理业务，销售普通保险及车险。3大核心业务是相辅相成的，为公司带来协同效益。”

该行指出，公司在过去3个財年（2011財年至2013財年）的利息、税务、折旧与摊销前盈利（EBITDA）赚幅都高达55%至67%。

扩大贷款业务

“该公司在信贷风险管理上也相当卓越，未履约贷款（NPL，即呆账）比率从2009財年的4.74%减至上財年的2.79%，这主要因为股东和管理层有很强大信贷背景。”

永联资源贷款损失覆盖率也相当健康，上財年达179%，比起银行业平均更来得高，这可大大降低公司信贷风险。

该公司上財年底负债率仅为0.35%，这意味著还有很大的扩展空间，公司早前也宣布，以附加股方式，发行价值高达1亿令吉不可赎回可转换无担保债券（ICULS），以扩大贷款业务，这可提高该业务成本效益，並进一步改善赚幅。

MIDF证券研究给予目標价1.80令吉；永联资源闭市收在1.43令吉，跌1仙，成交量报1万4900股。

icy97

Type	Announcement
Subject	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD
Description	ELK-Desa Resources Berhad ("ELKDESA" or "the Company") Notification of dealings by Principal Officers pursuant to Paragraph 14.06 of the Main Market Listing Requirements of Bursa Malaysia ("MMLR Bursa") Securities Berhad in respect of the acceptance of entitlements of Rights ICULS. In accordance to Paragraph 14.06 of the MMLR Bursa, the Company wishes to announce the following dealings by the Principal Officers. Acceptance of entitlements of Rights ICULS and Excess Rights ICULS application by the Principal Officers are set out in the table below:
Name Designation No. of Rights ICULS Accepted No. of Excess ICULS Application# % of Rights ICULS Accepted* % of Excess ICULS Applied* Teoh Seng Hee     Associate Director 40,000 - 0.04 - Loke Weng Fook Group Accountant and Company Secretary 32,080 7,795 0.03 ^    # Further announcement will be made upon the outcome of the excess ICULS allotted.                               * Computed as a percentage of total Rights ICULS under the Rights Issue. ^  Less than 0.01 % This announcement is dated 11/04/2014.

                                    

Name	No. of Rights ICULS Accepted	[url=]No. of Excess ICULS Application[/url]	% of Rights ICULS Accepted*	% of Excess ICULS Applied*
Teoh Hock Chai @ Tew Hock Chai	1,000,000	-	1.00	-
Teoh Hock Chai @ Tew Hock Chai deemed interest vide Eng Lee Kredit Sdn Bhd	24,480,000	-	24.48	-
Teoh Hock Chai @ Tew Hock Chai deemed interest vide ELK Group Sdn Bhd	27,260,000	-	27.26	-
Lim Keng Chin	400,000	-	0.40	-

* Computed as a percentage of total Rights ICULS under the Rights Issue.

Remark: Pursuant to the Irrevocable Undertaking stated in the Abridged Prospectus of ELKDESA dated 18/03/2014, any Rights ICULS not subscribed by the other Entitled Shareholders will be subscribed by Eng Lee Kredit Sdn Bhd.

This announcement is dated 11/04/2014.

icy97

永联资源债券认购不足

财经新闻 财经  2014-04-16 12:01
（吉隆坡15日讯）永联资源（ELKDESA，5228，主板金融股）向马交所报备，不可赎回可转换无担保债券（ICULS）有3.75%未被认购。

永联资源在去年杪，以5配4方式发行1亿令吉的8年期债券，获得了9625万1338张债券的认购申请，3.75%或374万8662债券未被认购。

公司将顺从不可撤回承诺程序，将剩余债券分配给Eng Lee Kredit私人有限公司。【南洋网财经】

ELK-DESA RESOURCES BERHAD

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	ELK-DESA RESOURCES BERHAD ("ELK-Desa" or "the Company") Renounceable rights issue of irredeemable convertible unsecured loan stock ("ICULS") of RM100,000,000 in nominal value with coupon rate of 3.25% per annum on the nominal value of the ICULS at 100% of the nominal value of RM1.00 each for a tenure of eight (8) years ("Rights ICULS") on the basis of four (4) Rights ICULS of RM1.00 each in nominal value for every five (5) existing ordinary shares of RM1.00 each in ELK-Desa ("ELK-Desa Share (s)") held as at 5.00 p.m. on 18 March 2014 ("Rights Issue of ICULS")
Unless otherwise stated, all abbreviations used herein shall have the same meanings as those mentioned in our announcement dated 16 December 2013 in relation to the Proposed Rights Issue of ICULS (as defined in the announcement dated 16 December 2013) Reference is made to the Company's earlier announcements in relation to the Rights Issue of ICULS. On behalf of the Board of Directors of ELK-Desa ("Board"), MIDF Amanah Investment Bank Berhad wishes to announce that as at the close of acceptance and payment for the Rights Issue of ICULS as at 5.00 p.m. on 8 April 2014 ("Closing Date"), the total valid acceptances and excess applications for 96,251,338 Rights ICULS were received under the Rights Issue of ICULS. This represents an under-subscription of 3,748,662 Rights ICULS or approximately 3.75% over the total of 100,000,000 Rights ICULS available for subscription under the Rights Issue of ICULS. In view of the above, the remaining Rights ICULS of 3,748,662 will be allocated to Eng Lee Kredit Sdn Bhd as per the Irrevocable Undertaking procured from Eng Lee Kredit Sdn Bhd to subscribe for any Rights ICULS not subscribed by the other entitled shareholders and/or their renouncee(s). Details of the total valid acceptances and excess applications received as at the Closing Date for the Rights ICULS are set out in Table 1 attached herewith. The Board has decided to allot the Rights ICULS to all entitled shareholders and/or their renouncee(s)/transferee(s) who have applied for the excess Rights ICULS. The Rights ICULS are expected to be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 18 April 2014. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1593789

Attachments TABLE 1.pdf

icy97

核心業務互補‧永聯資源盈利看漲

2014-04-16 17:00      
（吉隆坡16日訊）永聯資源（ELKDESA,5228,主板金融組）核心業務具互補性及協同價值，分析員看好其未來盈利將可進一步提昇。

永聯資源為二手車貸業者，於2012年12月上市，約90%營業額來自車貸，其他業務包括銷售普險及二手車交易，普險貢獻該集團10%以下淨利（PATAMI）。

MIDF研究認為，該集團3大業務具互補性，可帶來協同效應，稅息前折舊攤銷利潤（EBITDA）也高，2011至2013財政年企於55%至67%，信貸風險表現突出，呆帳從2009財政年的4.74%改善至2013財政年的2.79%，主要是受股東及管理層強力信貸背景支撐。

2013財政年杪，永聯資源逾期放款覆蓋率企於179%健康水平，高於金融領域2014年1月杪的104%，是抵銷信貸風險的強大支柱。

截至2013財政年杪，該集團負債率0.35倍，尚具拓展空間，近期剛宣佈以5配4比例，發行1億令吉，為期8年及年息3.25%的不可贖回可轉換無擔保債券（ICULS），大部份用於拓展貸款業務。

“目前普通貸款平均利息為5.6%，這可讓該集團以更低成本融資，對改善未來利潤影響正面。”

有鑑於此，該行根據2015年每股盈利17.6仙及10倍本益比估值，給予1令吉80仙目標價。（星洲日報／財經‧報道：郭曉芳）

icy97

ELK-DESA RESOURCES BERHAD

LISTING'S CIRCULAR NO. L/Q : 70311 OF 2014

Kindly be advised that ELKDESA's 100,000,000 ICULS issued pursuant to the Rights Issue of ICULS will be admitted to the Official List of Bursa Malaysia Securities Berhad and the listing and quotation of the ICULS on the Main Market will be granted with effect from 9.00 a.m., Friday, 18 April 2014.

The Stock Short Name, Stock Number and ISIN Code of the ICULS are "ELKDESA-LA", "5228LA" and "MYL5228LAW41" respectively.

icy97

ELK-DESA RESOURCES BERHAD

Type	Announcement
Subject	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD
Description	Notification of dealings by Directors pursuant to Paragraph 14.06 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad in respect of the acceptance of entitlement on Rights ICULS.
Further to our announcement dated 11/04/2014 on the subject matter, ELKDESA wishes to announce that a total number of 3,748,662  Excess ICULS has been allotted to Eng Lee Kredit Sdn Bhd ("Eng Lee Kredit"), a corporation which Mr Teoh Hock Chai @ Tew Hock Chai, a Director of the Company, has deemed interest pursuant to Section 6A of the Companies Act, 1965. The Excess ICULS are allocated to Eng Lee Kredit pursuant to the Irrevocable Undertaking procured from Eng Lee Kredit to subscribe for any Rights ICULS not subscribed by the other entitled shareholders and/or their renounce(s). This announcement is dated 17/04/2014.

Type	Announcement
Subject	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD
Description	Notification of dealings by Principal Officers pursuant to Paragraph 14.06 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad in respect of the acceptance of entitlement on Rights ICULS.
Further to our announcement dated 11/04/2014 on the subject matter, ELKDESA wishes to announce that a total number of 7,795 Excess ICULS has been allotted to Mr Loke Weng Fook, the Group Accountant and Company Secretary of the Company, pursuant to Excess ICULS Application. This announcement is dated 17/04/2014.

icy97

Profile for Loan Stocks

ELK-DESA RESOURCES BERHAD

Instrument Type	Loan Stocks
Description	Eight (8)-year, 3.25%, irredeemable convertible unsecured loan stock ("ICULS") issued pursuant to the Rights Issue of ICULS

Listing Date	18/04/2014
Issue Date	15/04/2014
Issue/ Ask Price	MYR 1.0000
Issue Size Indicator	Currency
Issue Size in Currency	MYR 100,000,000.0000

Maturity Date	14/04/2022
Revised Maturity Date
Exercise/ Conversion Period	8.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion Price	MYR 1.2500
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion Ratio	Please refer to remarks
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price	Tendering of securities
Settlement Type/ Convertible into	Physical (Shares)

Remarks :

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the Abridged Prospectus issued by ELK-Desa Resources Berhad ("ELK-Desa") dated 18 March 2014. The ICULS are issued pursuant to the renounceable rights issue of RM100,000,000 nominal value of eight (8)-year irredeemable convertible unsecured loan stock at 100% of the nominal value of RM1.00 each on the basis of four (4) Rights ICULS of RM1.00 each in nominal value for every five (5) existing ordinary shares of RM1.00 each in ELK-Desa ("ELK-Desa Share (s)") held as at 5.00 p.m. on 18 March 2014 ("Rights Issue of ICULS"). The coupon rate for the ICULS is at a fixed rate of 3.25% per annum calculated on the nominal value of the ICULS payable annually up to and including the last market day prior to the eight (8th) anniversary of the date of the issuance of the ICULS ("Maturity Date"). The conversion price of the ICULS is RM1.25 for every one (1) new ELK-Desa Share. The conversion price of the ICULS will be subjected to adjustment in accordance with the provisions of the trust deed dated 28 February 2014. The ICULS is for the tenure of eight (8) years and may be convertible into new ELK-Desa Shares on any market day from the second (2nd) anniversary of the date of the issue of the ICULS up to and including the Maturity Date.

APULA

永联资源 ELK-DESA (1)      
Saturday, 10 May 2014
http://yuwenstocks.blogspot.sg/2014/05/elk-desa-1.html

永联资源是其中一间在2012年上市且也比较低调的公司。目前除了MIDF给一页半的报告之外，无论是新闻，也很少关于这间公司的消息。

公司背景

张福财先生是Eng Lee Finance 的创办人，在1971年成立该公司。这个公司主要业务是提供二手车的借贷。接着，公司改名为-Eng Lee Kredit。经过多年的经验累积，张先生觉得这个市场其实是很有潜能，需求很高，如果能够上市，对这公司的发展有很大的帮助。过后，他就把他的想法建议给Unico（Unico-Desa)的董事。在2004年，当时张福财出任Unico的常务董事。这项计划一来可以提供油棕生意以外的盈利，把Unico的业务多元化。

Unico 的董事们接纳张福财先生的提议，在2004年把旗下一间不活跃的公司- Tekad Murni 改名为永联资源有限公司，ELK，就是Eng Lee Kredit的简写。为了避免和Unico的利益冲突，Eng Lee Kredit 就没有再经营二手车贷款的业务。而张福财就带领原班人马到永联资源有限公司重新经营二手车贷款生意。

经过Unico内部的重组，ELK-Desa Capital 成为永联资源的子公司，公司除了车贷以外，也提供汽车保险业务。在这位伯乐张先生的领军下，2004年开始在吉隆坡区打天下，迅速地在2005年在巴生开分行。他明白到，公司无法和银行竞争，所以他找出他们的利基市场，就是二手车贷款（尤其是六年以上的二手车），而且只专注在巴生谷一带，以他们有限的能力，专注这个利基市场好好地去发挥。

同时，他们也和各个汽车经销商打好关系，从2004年100个汽车经销商代理增加到2011年的711个代理。公司的业务从2006年就突破了第一个5千万，2008年突破第一个亿，在2010年也突破1.5亿的贷款。保险业也在2007年从500万增加到2010年的1千零30万的佳绩。

张先生一直以来的目标很清晰，就是要把业务上市。在2012年11月终于圆了他的梦。当初，笔者翻开招股书第11页时，说明上市的目的，当时我看了一头雾水：

1）提供 Unico的股东参与永联资源的上市股份

2）提供永联资源与Unico的员工参与股份

3）使公司可以进入资本市场，以便在市场筹募资金

4）提高公司的知名度

三和四不难明白，但是一和二，永联资源是给大部分发出的股份，限制限购（Restricted offer for Sales) 给于Unico的股东，一般上上市公司多数都给于特定的投资者或基金。笔者接受到的讯息就是张先生对员工和股东们都很不错。上市前以RM1.16的价位认购，收到今日，17个月里，赚了28%（暂时忽略近期发出的债券）。

永联资源虽然没有固定的派息政策，但是在2013年里，公司很慷慨的派出6.5仙，也就是59%的派息比率，达到5%的周息率（以当时市价大约RM1.30计算），也是相当合格的好公司。

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31/03/2014

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/03/2014	31/03/2013	31/03/2014	31/03/2013
		$$'000	$$'000	$$'000	$$'000

1	Revenue	13,383	10,473	48,391	40,958
2	Profit/(loss) before tax	5,478	4,420	22,431	19,495
3	Profit/(loss) for the period	3,795	3,065	16,400	13,873
4	Profit/(loss) attributable to ordinary equity holders of the parent	3,795	3,065	16,400	13,873
5	Basic earnings/(loss) per share (Subunit)	3.04	2.45	13.12	12.95
6	Proposed/Declared dividend per share (Subunit)	7.50	6.50	7.50	6.50
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.3400		1.2700

Type	Announcement
Subject	OTHERS
Description	PROPOSED FIRST AND FINAL SINGLE TIER DIVIDEND
The Board of Directors of ELK-Desa Resources  Berhad is pleased to announce that a first and final single tier dividend of  7.5 sen per ordinary share in respect of the financial year ended 31 March 2014 will be recommended to the shareholders for approval at the forthcoming 25th Annual General Meeting of ELK-Desa Resources Berhad. The entitlement date and date of payment in respect of the aforesaid first and final dividend will be determined and announced in due course. This announcement is dated 21 May 2014.

icy97

ELK-DESA RESOURCES BERHAD

EX-date	08/09/2014
Entitlement date	10/09/2014
Entitlement time	05:00:00 PM
Entitlement subject	First and Final Dividend
Entitlement description	First and Final Single Tier Dividend of 7.5 sen per share for the financial year ended 31 March 2014
Period of interest payment	to
Financial Year End	31/03/2014
Share transfer book & register of members will be	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	Tricor Investor Services Sdn Bhd Level 17, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur Tel No: 03-22643883 Fax No: 03-22821886
Payment date	23/09/2014
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	10/09/2014
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.075