Penang, Dec 2023 – Quantum Metal Sdn. Bhd., Malaysia’s premier gold bullion distributor, proudly announces a landmark achievement with a net profit exceeding RM400 million in the latest fiscal year. Established in 2012 and wholly owned by QMEI, Quantum Metal has become a key player in the industry, providing top-tier 99.99% pure gold products to diverse clientele.
About Quantum Metal Sdn. Bhd.
Wholly owned by QMEI, Quantum Metal Sdn. Bhd. has solidified its position as one of Malaysia’s largest gold bullion distributors. The company’s commitment to excellence and integrity has established it as a trusted partner in the Malaysian market. With a core business focused on delivering premium gold products, Quantum Metal serves various sectors, including government entities, financial institutions, and individual dealers.
Financial Success: Over RM400 Million in Net Profit
In the last financial year, Quantum Metal Malaysia achieved a remarkable net profit exceeding RM400 million, showcasing its robust business model and resilience in navigating the complexities of the gold market. Despite economic uncertainties, Quantum Metal has demonstrated sound financial management, contributing significantly to the prosperity of its stakeholders.
Business Model and Market Presence
Quantum Metal’s business model plays a crucial role in reducing risk for local banks. Acting as a facilitator between local banks and international bullion suppliers, including the prestigious PERTH MINT, Quantum Metal ensures legal and secure transactions, fostering a conducive environment for gold trading in Malaysia.
The company’s involvement across various sectors highlights its versatility and commitment to making premium gold products accessible to a wide audience. Quantum Metal’s innovative revenue-sharing model allows local banks to engage in gold trading without the burden of capital expenditure, as the company invests 100% in system and infrastructure development.
Leadership Insights: Dato’ Lim Khong Soon
At the helm of Quantum Metal is Dato’ Lim Khong Soon, an esteemed leader with over 20 years of experience. As the Founder and Group Managing Director, Dato’ Lim has played a pivotal role in the company’s success. His diverse background includes involvement in precision mold, electronic components, gold potassium cyanide for gold plating industries, and co-development of gold recovery from electronic waste with Inochem of South Africa since 2000.
Dato’ Lim’s expertise extends to precious metal recovery from electronic waste, refining impure gold from scrap and old jewelry, supplying gold to jewelry fabricators, and collaborating with Australian bullion bankers. His visionary leadership has led to the development of an integrated system for Perth Mint to transact gold trading business with banks.
Continuous Innovation and Integration
Quantum Metal remains committed to innovation and efficiency. The company’s continuous investments in providing the best Standard Operating Procedure (SOP) model and securing real-time online integration between local banks and Quantum Metal reflect its dedication to staying at the forefront of technological advancements in the industry.
Future Endeavors and Commitment to Excellence
As Quantum Metal celebrates this significant financial milestone, the company looks ahead to future endeavors with a commitment to maintaining its position as a leader in the gold bullion distribution sector. Quantum Metal remains dedicated to providing exceptional value to its clients, stakeholders, and the Malaysian market as a whole.
Contact Information
Company Details
- Organization: Quantum Metal
- Contact Person: Dato Lim Khong Soon
- Website: Quantum Metal
- Email: info@quantummetal.com
- Contact Number: +60 3-8605 3611
- City: Georgetown
- State: Pulau Pinang
- Country: Malaysia
Conclusion
Quantum Metal’s outstanding financial performance is a testament to its commitment to excellence, innovation, and integrity. As the company continues to lead in the gold bullion distribution sector, its success underlines Malaysia’s position as a significant player in the global gold market.
