First Gold Trading Platform Listed on Australian Stock Exchange

Malaysian-owned IGDX Holdings Ltd crystallized the nation’s vision to be a significant player in the global gold trading community with the listing of its “Gold for Gold” (GforG) international gold trading platform on the Australian Stock Exchange (ASX) recently.

The listing exercise that was successfully carried out in Adelaide on 9 February 2007, was officiated in Malaysia today by Deputy Prime Minister, YAB Dato’ Sri Mohd Najib Bin Tun Haji Abdul Razak at a celebratory dinner with over 500 guests comprising members of Kedah royal family, ambassadors, dignitaries from the Jakarta Securities Commission and The Chinese Gold and Silver Exchange Society, politicians, corporate luminaries, as well as associates, partners and employees of the IGD Group of Companies.

Commenting on IGDX Holdings’ successful debut on ASX, Group Chief Executive Officer, Dato’ Dr Shamshudeen Yunus said, “We are pleased to be the first ever gold trading platform to be listed on any international exchange. The listing exercise is a strategic move on our part towards international expansion. We will also benefit from being closer to gold mining and sources of gold, as well as Australia’s more developed gold mining industry, especially given that our nation’s vision is globalization, listing on ASX is a window of opportunity to the west and other major markets.”

Over the last four years, IGD Group of Companies, has been promoting and distributing various gold products including Gold Dinar. With a growing presence at the international arena, the Group further crystallised its position as a significant market maker in the global gold trading community by attaining international recognition as the first foreign entity to be a member of one of the most reputable exchanges in the world, the Chinese Gold and Silver Exchange Society (CGSE). As bullion member of CGSE, its bullion gold bars are endorsed and well recognized in Hong Kong, which is a window to China.