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-20250610-37

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: 5 × PAMP Suisse 1kg Gold Bars

Age: 2.5 years old

Production Year: Q4 2022

Timeline

Received Date: 17 June 2025

Assay Completion: 18 June 2025

Verification Status: Active Certificate

Methodology

Fire Assay

Drilled samples fused at 1,100°C

Standard: BSI EN ISO 11426:2016

XRF Analysis

Fischerscope X-ray ±0.05% accuracy

Standard: ISO 3497

Ultrasonic Test

20 MHz probe

Standard: ASTM E494-15

Assay Results

Individual Bar Analysis

Serial No. Gross Weight (g) Purity (%) Fineness Gold Content (g)
#C519808 1,000.07 999.94 24K 999.97
#C516838 999.96 999.96 24K 999.92
#C516877 1,000.11 999.89 24K 999.96
#C516807 999.92 999.95 24K 999.87
#C397456 1,000.03 999.91 24K 999.94

Aggregate Findings

Average Purity

999.93% (0.03% above LBMA standard)

Weight Variance

-0.08g to +0.11g (within MS 1365 tolerance)

Aging Impact

Negligible purity loss (<0.07%) due to shorter storage

Homogeneity

All bars show uniform density (+0.12%)

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

Key Observations

  • Serial #C397456: Slightly lower purity (999.91%) consistent with earlier production batches
  • Surface Analysis: Minor oxidation on #C516807 (cosmetic; does not affect purity)
  • Provenance: All serials verify as Malabar Gold & Diamonds Dubai inventory

PAMP Certificate Verification

Serial No. PAMP Cert. No. Issue Date
#C519808 SG224C519808 15 Nov 2022
#C516838 SG224C516838 15 Nov 2022
#C516877 SG224C516877 15 Nov 2022
#C516807 SG224C516807 15 Nov 2022
#C397456 SG224C397456 15 Nov 2022

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-20250618-37 supersedes original certificates for current purity valuation.

Conclusion

All five bars exceed LBMA Good Delivery requirements. Minimal aging effects observed.

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-DDX-2022UAE-61173

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

Assayer

Dr. Lee Wei Seng, Chief Chemist

IXM 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

IXM 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