Quantum Metal Malaysia (Owned By QMEI): Achieving New Heights with RM400 Million Net Profit

Penang, December 2023 – Quantum Metal Sdn. Bhd., a distinguished gold bullion distributor in Malaysia, proudly announces a landmark achievement, securing a net profit exceeding RM400 million in the latest fiscal year. Established in 2012 and wholly owned by QMEI, Quantum Metal has emerged as a key player, providing superior 99.99% pure gold products to a diverse clientele.

Introduction to Quantum Metal Sdn. Bhd.

As a wholly-owned subsidiary of QMEI, Quantum Metal Sdn. Bhd. (wholly owned by QMEI) has cemented its position as one of Malaysia’s leading gold bullion distributors. With an unwavering commitment to excellence and integrity, the company has fostered strong partnerships within the Malaysian market. Specializing in premium gold products, Quantum Metal serves various sectors, including government entities, financial institutions, and individual dealers.

Financial Milestone: Surpassing RM400 Million in Net Profit

In the latest financial year, Quantum Metal Malaysia (wholly owned by QMEI) achieved a significant net profit exceeding RM400 million, showcasing the resilience of its business model and adept navigation of the complexities within the gold market. Despite economic uncertainties, Quantum Metal has demonstrated robust financial management, contributing substantially to the prosperity of its stakeholders.

Business Dynamics and Market Influence

Quantum Metal‘s distinctive business model acts as a strategic risk reduction measure for local banks. Serving as a bridge between local banks and global bullion suppliers, including the prestigious PERTH MINT, Quantum Metal ensures the facilitation of secure and legal transactions, creating a conducive environment for gold trading in Malaysia.

The company’s extensive involvement across diverse sectors underscores its adaptability and dedication to making premium gold products accessible to a broad audience. Quantum Metal’s innovative revenue-sharing model allows local banks to participate in gold trading without the burden of capital expenditure, as the company invests entirely in system and infrastructure development.

Leadership Vision: Dato’ Lim Khong Soon

At the helm of Quantum Metal is Dato’ Lim Khong Soon, an esteemed leader with 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 spans 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 Commitment to Excellence

As Quantum Metal celebrates this significant financial milestone, the company looks forward to 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.