Povaneswaran (third from left) and Beh (centre) at the launch.
E2S SECURITY Services is partnering with Loomis International (Singapore) to launch Malaysia’s first state-of-the-art high-security gold storage facility in Negri Sembilan.
The launch represents a landmark collaboration between a trusted Malaysian security provider and one of the world’s leading bullion custodians.
The facility has been designed to serve both institutional and retail clients seeking a secure, reliable and professionally managed environment for their gold holdings.
With demand for premium storage solutions on the rise globally, driven by financial uncertainties and the need for trusted security, Malaysia is rapidly emerging as a safe-haven destination for bullion investors.
Loomis International Singapore country head Jeremy Beh said the project had been more than a year in the making.
“The journey was far from easy, but the precision and dedication invested in this vault have made it a reality.
“What we have built here is more than just a vault.
“It is the foundation for a new chapter in Malaysia’s bullion industry,” he said.
E2S group executive director M. Povaneswaran said the project was long-awaited and the result of extensive efforts.
“This has been a vision for quite some time, requiring immense commitment and attention to detail,” he said.
“It is testament of E2S’ professionalism and capabilities.
“Partnering with Loomis International reflects the trust placed in our facilities and our proven track record as a leader in Malaysia’s security sector.”
With more than 15 years of experience, he said E2S Security Group has established itself as one of Malaysia’s most reliable security service providers.
Its services include armoured trucking, vault storage, mobile patrols and control monitoring. This expertise was a key factor in Loomis’ decision to collaborate with E2S, said Povaneswaran.
Loomis International, headquartered in Switzerland, is one of the world’s largest cash and valuables handling groups, operating in more than 40 countries.
The company provides secured transportation, storage and customs clearance services, supported by strict security protocols and liability insurance.
The new vault is also expected to enhance Malaysia’s position in Islamic gold investment, offering Syariah-compliant storage and trading solutions.
By ensuring physical backing and secure custody of assets, the facility delivers the transparency and assurance required in this growing segment of the global gold market.
The launch attracted strong interest from international traders, refiners and bankers from Europe and Asia, underscoring Malaysia’s rising status as a hub for secure gold storage.
