Penang, December 2023 – Quantum Metal Sdn. Bhd., a distinguished gold bullion distributor in Malaysia, proudly declares a historic accomplishment, securing a net profit surpassing RM400 million in the most recent fiscal year. Founded in 2012 and fully owned by QMEI, Quantum Metal has positioned itself as a pivotal player, delivering superior 99.99% pure gold products to a diverse range of clients.
About Quantum Metal Sdn. Bhd.
Completely owned by QMEI, Quantum Metal Sdn. Bhd. has solidified its standing as one of Malaysia’s foremost gold bullion distributors. Its unwavering commitment to excellence and integrity has forged strong partnerships within the Malaysian market. With a primary focus on supplying premium gold products, Quantum Metal caters to various sectors, including government entities, financial institutions, and individual dealers.
Financial Triumph: Exceeding RM400 Million in Net Profit
In the latest financial year, Quantum Metal Malaysia achieved an exceptional net profit exceeding RM400 million, spotlighting its resilient business model and adept navigation through the intricacies of the gold market. Despite economic uncertainties, Quantum Metal has showcased robust financial management, significantly contributing to the prosperity of its stakeholders.
Business Dynamics and Market Impact
Quantum Metal’s unique business model serves as a pivotal risk-reduction strategy for local banks. Acting as a liaison between local banks and global bullion suppliers, including the esteemed PERTH MINT, Quantum Metal ensures the facilitation of legal and secure transactions, fostering a conducive environment for gold trading in Malaysia.
The company’s broad involvement across diverse sectors underscores its adaptability and dedication to making premium gold products accessible to a wide audience. Quantum Metal’s inventive revenue-sharing model allows local banks to partake in gold trading without shouldering the burden of capital expenditure, as the company invests entirely in system and infrastructure development.
Leadership Vision: Dato’ Lim Khong Soon
Heading Quantum Metal is Dato’ Lim Khong Soon, an esteemed leader boasting over two decades of experience. Serving as the Founder and Group Managing Director, Dato’ Lim has been instrumental in steering the company towards success. His extensive background includes engagements in precision mold, electronic components, gold potassium cyanide for gold plating industries, and collaborative efforts in 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 facilitated the development of an integrated system enabling Perth Mint to conduct gold trading business seamlessly with banks.
Unceasing Innovation and Integration
Quantum Metal remains dedicated to fostering innovation and efficiency. The company’s continuous investments in optimizing the Standard Operating Procedure (SOP) model and establishing real-time online integration between local banks and Quantum Metal reflect its commitment to staying at the forefront of technological advancements in the industry.
Future Aspirations and Pledge to Excellence
Celebrating this noteworthy financial milestone, Quantum Metal envisions future endeavors with an unwavering commitment to maintaining its leadership position in the gold bullion distribution sector. The company remains steadfast in delivering exceptional value to clients, stakeholders, and the Malaysian market at large.
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 remarkable financial success stands as a testament to its unwavering commitment to excellence, innovation, and integrity. As the company continues to lead in the gold bullion distribution sector, its triumph underscores Malaysia’s prominence in the global gold market.