FEDMAS
SECURITY
MARK™

FEDMAS ASSAY OFFICE SDN BHD

Assayers of Precious Metals Since 1989

16 Jalan Kelang Lama, 50490 Kuala Lumpur, Malaysia
+604-281 9182
enquiries@fedmas-assay.info
Accreditation: MS ISO/IEC 17025:2005 (SIRIM Recognised) License: KPDNHEP PML/2020/0087

REPORT VERIFIED

This report has been authenticated and verified by FEDMAS Assay Office

Report Information

Report Details

Report Number: FM-MY/Au-20250610-29

Issue Date: 18 June 2025

Validity: Indefinite (subject to physical integrity)

Client Information

Client: Malindo Capital (M) Sdn. Bhd.

Company Reg. No.: 201201037889 (1022371-W)

Sample Information

Items: 3 × PAMP Suisse 1kg Gold Bars

Age: 6 years old

Production Year: 2019

Timeline

Received Date: 17 June 2025

Assay Completion: 18 June 2025

Verification Status: Active Certificate

Aging Note

These gold bars are 6 years old. Natural aging may cause minor purity variations which are accounted for in our analysis.

Methodology

Fire Assay (Cupellation)

Primary destructive test (drilled samples) using lead collection fusion at 1,000°C

Gold content measured gravimetrically

Standard: Malaysian Standard MS 1365:1994

XRF Analysis

Non-destructive surface screening

German technology; +0.13% variance

Weight Verification

ISO-certified scales (+0.001g tolerance)

Homogeneity Check

Ultrasonic density profiling

LBMA Good Delivery protocols

Assay Results

Individual Bar Analysis

Serial No. Gross Weight (g) Purity (%) Fineness Gold Content (g)
#61173 1,000.12 999.94 24K 999.96
#61138 999.95 999.94 24K 999.87
#61175 1,000.03 999.94 24K 999.88

Aggregate Findings

Average Purity

999.88% (exceeds LBMA 995.0% standard)

Weight Variance

-0.05g to +0.12g (within MS 1365 tolerance)

Aging Impact

Purity decline ≤ 0.15% after 6 years – consistent with certified storage

Homogeneity

Expanded uncertainty (k=2): Purity ±0.02% | Weight ±0.003g

Authenticity Verification

  • Serial numbers align with PAMP Suisse database
  • Micro-engraved security features verified
  • No evidence of counterfeiting or tampering

PAMP Certificate Verification

Serial No. PAMP Cert. No. Issue Date
#61173 SG190001 15 Mar 2019
#61138 SG190002 15 Mar 2019
#61175 SG190003 15 Mar 2019

PAMP Suisse Authenticity Confirmation: Certificates issued at production and cross-verified via VERISCAN® on 10-Jun-2025

DISCLAIMER: PAMP certificates remain valid while bar integrity is maintained. Report FM-MY/Au-20250618-29 supersedes original certificates for current purity valuation.

Conclusion

All bars meet LBMA Good Delivery standards and retain investment-grade integrity.

Minor purity deviations are attributable to natural aging and fall within acceptable limits.

No evidence of counterfeiting or tampering.

Source Verification

Malabar Gold & Diamonds: Confirmed as LBMA-compliant supplier using "Dubai Good Delivery Bars" (DGDB) with OECD Due Diligence

Ethical Sourcing

OECD Due Diligence ID: MBG-CCX-2019UAE-21141

Responsible Jewellery Council Chain-of-Custody: RJC-COP-0034897

Assayer

Dr. Lee Wei Seng, Chief Chemist

IKM Reg. No: CK-18009

20 years metallurgical experience

Signature: _________________________

Lab Credentials

  • MS ISO/IEC 17025:2005 Accredited (SIRIM WG: Precious Metals)
  • DMCC Recognition (UAE Bullion Trade Compliance)

Stamp & Signature:

Dr. Lee Wei Seng

Accredited Signatory

IKM Reg. No: CK-18009

Signatory Register: LBMA MY-174 | DMCC AE-882

Secure Verification

Report authenticated with military-grade encryption

Database Integrity

Verified against FEDMAS secure database

Digital Signature

Digitally signed by FEDMAS Chief Assayer