top of page

EGC Appointed in 28MT Au Bullion South East Asia Sale

Coordinating a multi‑jurisdictional, off‑market bullion transaction involving LBMA‑accredited gold across global private vaults.

February 08, 2025

Image by Simon Zhu

Everest Global Capital has been appointed by a Hong Kong–based client to support an off‑market transaction involving 28 metric tonnes of LBMA‑accredited gold bullion. The mandate spans private vaults in Hong Kong, Singapore, Dubai, London, Switzerland, and Canada, requiring coordinated oversight across several regulatory and logistical environments.

​

The engagement involves hallmarked bars produced by LBMA‑accredited refineries, with the transaction structured on a CIF basis. Given the scale of the bullion and the number of jurisdictions involved, the process requires disciplined verification procedures, secure information management, and strict adherence to established chain‑of‑custody standards.

​

Participation is limited to verified counterparties, reflecting the sensitivity of the transaction and the need for controlled access to documentation and operational details. Everest Global Capital’s appointment acknowledges the firm’s established capability in managing complex, cross‑border commodity transactions that demand discretion, procedural accuracy, and a high degree of institutional reliability.

​

This reflects the firm’s ongoing work in supporting clients with large‑scale precious metals transactions that require coordinated handling across multiple international vaulting and compliance frameworks.

​

​​​

“Those of us who operate in the commodity sector are well aware of how frequently unverified actors attempt to involve themselves in transactions of this nature. Strict verification is not simply best practice -  it is essential to maintaining integrity and protecting all parties involved. The pace and scale of these engagements demand a disciplined, controlled process, and our role is to ensure that only genuine, qualified counterparties are admitted into the transaction environment. At Everest Global Capital, we apply rigorous checks and structured oversight at every stage to safeguard our clients throughout.”

​

Maria Hernández

Founder, Everest Global Capital

bottom of page