ELK-Desa to focus on asset quality


PETALING JAYA: Elk-Desa Resources Bhd, a non-bank lender focused on the used-car segment, says it would concentrate on protecting the quality of its assets while positioning to take advantage of the eventual market recovery.

Group executive director and chief financial officer Teoh Seng Hee said: “Under the current circumstances, we are intensifying our credit risk management.

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