KUALA LUMPUR: Public Gold Group, an integrated precious metals company, has successfully obtained international membership with the Shanghai Gold Exchange (SGE), one of the world’s most influential gold trading platforms, becoming the first Malaysian company to achieve this milestone.
This landmark achievement positions Public Gold at the forefront of the ASEAN precious metals industry, providing direct access to SGE’s global trading network, physical delivery infrastructure, and renminbi-denominated gold contracts.
The company said the membership also enables it to source and deliver gold through SGE’s international vault network with strategic locations in Shanghai, Shenzhen, and Hong Kong.
Public Gold founder and executive chairman Datuk Seri Louis Ng said joining the SGE is not just a business achievement but a strategic move to connect Malaysia directly to the world’s most important gold markets.
"With a growing presence in Dubai, India, London, and beyond, Public Gold is set to build a
truly global network that benefits both our customers and the Malaysian gold industry as a whole,” he said in a statement.
In addition to its SGE membership, Public Gold is in the final stages of securing membership with the India International Bullion Exchange (IIBX) and is set to enter the London market, further extending its reach into one of the world’s largest and most established bullion trading hubs.
"With its operational presence in Dubai - the Middle East’s premier gold trading centre, Public Gold can now serve customers and partners across Asia, the Middle East, and soon, Europe.”
As a member of the Malaysia Gold Association and the Singapore Bullion Market Association, Public Gold aims to strengthen Malaysia’s role in the global precious metals trade as a fully integrated company operating across the entire gold value chain from wholesale bullion trading to retail savings products, storage solutions and Shariah-compliant gold offerings.
The company said its expansion into SGE, IIBX and London reflects its commitment to enhancing sourcing efficiency through direct participation in the world’s major gold markets, while expanding export opportunities for Malaysian gold products to China, India, the Middle East, and Europe. - Bernama
