About Malaysia Gold Association (MGA)

Championing Malaysia’s Precious Metals Industry

Established since 2014, the Malaysia Gold Association (MGA) is the nation’s premier trade body representing the full spectrum of Malaysia’s gold and precious metals ecosystem. Established as the unified voice of the industry, MGA brings together stakeholders from upstream exploration and refining to downstream retail and financial services, fostering collaboration, driving best practices, and shaping the future of Malaysia's precious metals industry within the ASEAN and global markets.

Our Role and Mandate

As a strategic industry platform, MGA’s core mission is to advance the sustainable growth, competitiveness, and integrity of Malaysia’s precious metals sector. The association plays a pivotal role in:

• Industry Advocacy:

MGA works closely with government agencies and policymakers to provide expert advice on policy matters, regulatory frameworks, and industry standards that support growth and innovation in the precious metals market.

• Global Engagement:

MGA has built strong international alliances with cross-border trade bodies and global precious metals associations, fostering knowledge exchange, expanding trade networks, and promoting Malaysia as a key regional and international player in the industry.

• Sustainable Development:

MGA is committed to driving responsible sourcing and ethical practices across the value chain, promoting environmentally sustainable methods of gold extraction, refining, and production.

• Innovation & Research:

By facilitating partnerships with renowned consultancies and research institutions, MGA ensures that its members have access to the latest market insights, technological advancements, and best practices.

Global Membership: A Gateway to Expanded Networks

One of MGA's distinguishing features is its inclusive membership structure, which welcomes both local and foreign companies. By opening its doors to international associate members, MGA fosters global networking opportunities and strengthens cross-border collaborations, benefiting its members with broader market access and increased business opportunities.

Key Benefits of MGA Membership for Foreign Companies:

• Broader Connections:

MGA offers access to a large-scale network of gold industry leaders, businesses, and stakeholders across Malaysia, ASEAN, and international markets. This network provides invaluable opportunities for partnership, trade, and collaboration.

• Strategic Alliances:

Foreign companies gain a strategic foothold in Malaysia and the wider ASEAN region, benefiting from exclusive partnerships, market insights, and regional expansion opportunities. MGA's platform facilitates business development and market entry for international stakeholders.

• Policy Influence & Regulatory Advocacy:

MGA’s established relationships with government bodies ensure that foreign members have a voice in shaping trade regulations, industry policies, and standards, both locally and regionally.

• Industry Expertise & Guidance:

By joining MGA, foreign members gain access to a wealth of industry knowledge, market trends, and consultative support to navigate and grow within the Malaysian and ASEAN markets.

Strategic Partnerships and Alliances

MGA's global influence and strategic alliances strengthen its position as a key player in the precious metals industry. Notable partnerships include:

• Government Partnerships:

MGA works hand-in-hand with Malaysian government ministries and regulatory bodies, advising on matters related to gold trade regulations, sustainability, and economic policies. This close collaboration ensures that the precious metals industry is aligned with national development goals and global standards.

• International Alliances:

MGA maintains robust partnerships with cross-national entities and global precious metals associations, fostering cooperation and knowledge-sharing on a regional and international scale. These alliances contribute to the promotion of Malaysia as a leading global hub for gold trading and refining.

• Renowned Consultancy Collaborations:

MGA regularly engages with internationally renowned consultancy firms to ensure its members are empowered with accurate, up-to-date, and strategic intelligence on the global precious metals market. Among MGA’s key collaborations is its partnership with Metals Focus, one of the world’s leading independent precious metals research and consultancy firms. Through this Knowledge Partnership, MGA can provide its members and stakeholders with world-class research, market forecasts, and expert insights, helping them make informed business and investment decisions.

• Global Recognition and Shariah Advisory Board:

MGA holds a unique distinction as the first gold association in the world to have established its own Shariah Advisory Board, which ensures that all industry practices and transactions adhere to Shariah-compliant principles. This makes MGA an influential body for the Islamic finance sector, particularly for stakeholders involved in Islamic gold investment products.

Diverse & Dynamic Membership

Up to date, MGA is proud to represent 50 active members, including local companies and foreign associate members, all of whom contribute to the growth and vibrancy of the precious metals sector. The association serves as a collective voice for businesses from every segment of the industry, including:

• Mining & Refining:

Companies involved in gold mining extraction, refining, and production, contributing to Malaysia’s global share in precious metal output.

• Minting & Trading:

Gold mints, bullion dealers, and wholesale traders which including B2B jewellery who drive the flow of gold across local and international markets.

• Jewellery Manufacturing:

Local and foreign manufacturers that design and produce gold jewellery, capitalizing on Malaysia’s rich cultural heritage and global demand for luxury goods.

• Pawnbroking & Assaying:

Pawnbrokers, assayers, and valuers who provide essential services within local markets, ensuring transparency and trust in gold transactions.

• Logistics, Finance & Research:

Service providers, including financial institutions, logistics companies, and research bodies, supporting the seamless movement, valuation, and investment in gold.

Market Representation & Influence

MGA’s membership represents a significant share of Malaysia’s precious metals industry, covering:

• A major portion (70%) of gold mining, refining, trading, and minting activities in Malaysia and beyond.
• A dominant role (50%) in the retail jewellery market both locally and for global exports.
• Key leader in shaping Islamic gold products.

Through these sectors, MGA's influence extends to ASEAN and international trade flows, ensuring that Malaysia remains a leading destination for precious metals investment.

Through its members, MGA holds strategic influence in shaping industry norms, supporting regional harmonization, and contributing to Malaysia’s aspirations to become a regional gold trading hub.

Looking Ahead: The Future of MGA

As MGA continues to expand its reach and influence, it remains focused on the following priorities:

• Promoting responsible and sustainable sourcing practices across the industry
• Enhancing Malaysia’s status as a global gold trading hub, particularly in Islamic finance
• Fostering cross-border collaborations with international and regional gold associations

Through its strong partnerships, global alliances, and unique Shariah-compliant framework, MGA is positioned at the forefront of driving innovation, sustainability, and growth for the precious metals industry in Malaysia and beyond.

MGA Management Committee (Since 2024 - Current)

DATO' WIRA LOUIS NG CHUN HAU

PUBLIC GOLD MARKETING SDN BHD

PRESIDENT

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DATO' WIRA LOUIS NG CHUN HAU

PUBLIC GOLD MARKETING SDN BHD

PRESIDENT OF MGA

Public GOLD, founded by Dato' Wira Louis Ng since 2008, is a leading precious metals company in Southeast Asia - Malaysia, Indonesia and Singaopre. With expansion to Dubai in 2024, Public Gold serves million customers and fosters gold trading entrepreneurs.

DATUK HAJI ABDUL RASULL ABDUL RAZAK

ABDUL RAZAK JEWELLERS SDN BHD

VICE PRESIDENT

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DATUK HAJI ABDUL RASULL ABDUL RAZAK

ABDUL RAZAK JEWELLERS SDN BHD

VICE PRESIDENT OF MGA

Established in 1940 by S.M. Abdul Razak in Kuala Lumpur, Abdul Razak Jewellers grew from a small shop to multiple outlets and earned awards from the Sultan of Selangor. Now operating as Abdul Razak Gold House (M) Sdn Bhd, it maintains a loyal, multigenerational clientele.

DATO' CHIAH HOCK YEW

JIN HUO GOLD & JEWELLERY INDUSTRIES (M) SDN BND

VICE PRESIDENT

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DATO' CHIAH HOCK YEW

JIN HUO GOLD & JEWELLERY INDUSTRIES (M) SDN BND

VICE PRESIDENT OF MGA

Dato' Chiah Hock Yew, founder and Managing Director of Jin Huo Gold & Jewellery Industries, brings over 25 years of experience in gold jewelry manufacturing. Jin Huo is Malaysia's leading gold jewelry manufacturer. exporter. and wholesaler, focusing on quality and operational efficiency.

EN. ABDUL SHUKOR ANUAR

KL ASSAY OFFICE (M) SDN BHD

VICE PRESIDENT

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EN. ABDUL SHUKOR ANUAR

KL ASSAY OFFICE (M) SDN BHD

VICE PRESIDENT OF MGA

Founded in 2002 by Abdul Shukor Anuar, KL Assay Office is a leader in Malaysia's precious metals industry. Specializing in metal testing and training for Ar-Rahnu operators, they use advanced equipment and adhere to strict standards, providing accurate, cost-effective assessments and consultations.

DATO’ HJ ABDUL WAHAB HAMID

KOPERASI DAGANG EMAS PULAU PINANG BERHAD

SECRETARY

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DATO’ HJ ABDUL WAHAB HAMID

KOPERASI DAGANG EMAS PULAU PINANG BERHAD

SECRETARY OF MGA

Koperasi Dagang Emas Pulau Pinang Berhad (KDE) offers Syariah-compliant Islamic pawnbroking (Ar-Rahnu) for cash exchanges on gold jewelry, assisting w ith financia l needs like education and business startups. Operat ing 40 branches nationwide,KDE aims to expand to 200 branches, partnering closely with Suruhanjaya Koperasi Malaysia.

PN. NADIAH HANI

AR-RAHNU TEKUN

ASSISTANT SECRETARY

DATO' KUA KEE KOON @JEFF

TTT BULLION (M) SDN BHD

TREASURER OF MGA

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DATO' KUA KEE KOON @JEFF

TTT BULLION (M) SDN BHD

TREASURER OF MGA

TTT Bullion (M) Sdn Bhd, named for 'Through Thick and Thin,' unites buyers and sellers, making physical gold transactions as accessible as digital. With experienced leadership, a reputation for safety, and a turnover of RM365 million as of October 2020, TTT Bullion serves over 300 clients, offering tailored solutions for miners, traders, sellers, and investors.

Member

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Collaboration Partners

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