New Wave Ventures Sdn Bhd - Au Gold Bullion, Dore Bars and Rough Diamonds

COMPANY PROFILE: NEW WAVE VENTURES SDN BHD (201901021305 / 1330634-P).

– your trusted and reliable au Gold Bullion and Rough Diamonds supplier.

1. WHO WE ARE

New Wave Ventures Sdn Bhd is a Malaysian-registered private limited company engaged in international commodity trade and brokerage. Our core expertise lies in the trade and brokerage of AU gold bullion and Dore bars.

The company is led by a former banker with:

Over 30 years of experience in retail banking.
More than 3 years in the international gold trade business.

We are a trusted global gold bullion re-seller, supported by an extensive international network of brokers and facilitators.

Through our reseller agreement with a principal seller and title holder based in Europe, we have direct access to large quantities of gold securely stored in Zurich, Dubai, Hong Kong, London, USA, and Singapore. The gold is transacted on an FOB basis and held in private security warehouses located within free trade zones.

At New Wave Ventures, our mission is simple: integrity, speed, and excellence. We combine strong banking knowledge, international networks, and strict risk management to deliver trusted solutions for our clients.

2. WHAT WE BELIEVE - OUR GUIDING PRINCIPLES

At New Wave Ventures Sdn Bhd, we believe in being true to what we are doing, being true to our mission to provide top notch services to our customers who are global end buyers of au gold bullion and Dore bars and to our principal who is the title holder of the products we sell. We believe in doing our business with utmost integrity and responsibility, putting the fear of God in everything we do.

3. WHAT WE DON'T DO:

New Wave Ventures Sdn Bhd is NOT involved in any kind of investment schemes. We are only involved in helping the title holder sells his gold and providing support services to our brokers. We do not simply accept any brokers claiming to have buyers to be our brokers. This is not a simple business and we do not want to put our reputation on those whom we have not build the trust yet.

4. IMPERSONATION:

There are irresponsible parties claiming to be our Seller Mandate or using our name to sell illegal investment products. Please stay away from such fraudsters and report to us if you ever come across such fraudsters.

5. OUR PRINCIPLES

We are guided by three values:

Integrity – Upholding honesty and transparency in all dealings.
Responsibility – Protecting the interests of buyers, sellers, and partners.
Faith – Conducting business with the fear of God in all that we do.

6. OUR COMMITMENTS

Scam-free transactions.
Guaranteed supply of AU gold bullion & Dore bars (subject to compliance with seller’s procedures).
Professional, transparent, and timely service.
We are committed to scam-free dealings and supply of gold bullion or Dore bars is guaranteed so long the buyer complies with the principal seller’s transaction procedures.

7. MEETINGS & TRANSPARENCY

We welcome Zoom or Google Meet sessions upon request. However, buyers are expected to review the FCO and understand the transaction procedures beforehand, as these are non-negotiable.

8. OUR SERVICES

We specialize in:

AU Gold Bullion (GLD and Non-GLD).
Available on the ground in Dubai, Hong Kong, Zurich, London, USA, and Singapore (FOB transactions).
Rough diamonds (depository in London).

9. OUR TEAM

Seller Mandates (authorized by Title Holder):

Francisco Jose Herrera

CEO (Malaysia Office):

Mr. Peter Sese Kabit

10. TRANSACTION STRUCTURE

Our gold transactions involve four secure layers of protection:

Authorized Reseller – New Wave Ventures Sdn Bhd manages marketing, due diligence, SPA issuance, and coordination.
Fiduciary Receivers – Authenticate payment guarantees, clear MT103 payments, and distribute funds.
Custodian Bank – Issues Swift POP / SKR, ATV, and TTM invitations with full banking responsibility.
Title Holder – Meets buyers, agrees on delivery schedules, refinery arrangements, and executes ownership transfer.

11. COMPLIANCE & RISK MANAGEMENT

Full compliance with AMLA/KYC and international regulations.
Multi-layer verification by both buyer and seller banks.
Focus on fraud prevention and scam-free operations.
Usage of third-party fiduciary receiver for better control, safeguards and risk management.

12. POP (Proof of Product) POLICY

Proof of Product is issued only via SWIFT ISO 20022 with full banking responsibility, after authentication of the buyer’s payment guarantee.
We do not provide redacted SKRs or fake documents.
For buyers who prefer alternative options, we also offer a 3rd Party Guarantee Procedure (POP against POF) and Hybrid Procedure (Trial on 3rd Party, followed by MT103 L2L for larger orders).

13. OPTION TO ADDRESS POP ISSSUE < 3,600 MT PER YEAR

Due to the complexities in the transaction procedures, we will effective this month introduced our much-awaited offer which is 3rd Party Guarantee Procedures aka Seller’s POP Against Buyer’s POF.

Maximum Order per year: 3,600 MT or 300 MT per month.
Minimum Order per year: 120 MT or 10 MT per month.
Minimum trial 10 MT.
Commodity: Au Gold Bullion Bars less 5 years or more 5 years.
Pricing:

Pricing for above 5 years: 13 /10.
Pricing for below 5 Years: 11 / 9.
Size: 12.5 Kg or 1 KG Bars.
Hallmark: Internationally recognized hallmark (J&M, Heraeus & Metalor.
Origin: West Africa and other countries.
Current Location: DUBAI, ZURICH, LONDON, USA, and HK.

Buyers must pre-book the slot for this offer first: For pre-booking, please contact the Seller for pre-booking arrangement. Please request for FCO directly from the Seller.

14. OPTION TO ADDRESS POP ISSSUE > 3,600 MT PER YEAR

For Orders above 3,600 MT, the hybrid procedures will apply where the 1st trial will be on 3rd party guarantor procedures and followed by MT 103 L2L procedures. For MT 103 L2L procedures, please refer to the Appendix below.

15. IMPORTANT NOTICE: - FAKE OFFERS

It has been reported that there are fake as well as impersonated offers flying around purportedly coming from New Wave Ventures Sdn Bhd. Please always verify the offers with myself . Our offers are issued bearing our letterhead, duly signed and sealed. If you receive offers which have been manipulated and edited, please reject such offers.

16. FAKE BUYERS AND FAKE PDF COPY OF SWIFT DOCUMENTS

We have encountered several cases of buyers sending us fake / forged PDF copy of purported Swift documents. Any swift transmission must come from the receiver bank swift terminals. Such genuine swift message can only be printed by the receiver bank from his Swift terminal, scanned to pdf and send to seller fiduciary receiver. The Swift message is not sent in file format that can be saved and exported to PDF. If the buyer sends the pdf copy of the Swift instruments without any confirmation from the fiduciary receiving bank, such Swift message are fake.

17. GOLD BUSINESS IS ALL ABOUT TRANSACTION PROCEDURES

So long the buyer agrees to accept the Seller transaction procedures, we have a deal. The transaction procedures are not negotiable. Please read and understand the transaction procedures carefully and if in doubt, please clarify with me. Buyers must perform their own risk management analysis with regards to the transaction procedures.

18. BROKERS & NON-PERFORMING BUYERS.

There are several brokers who have been banned from participating in deals involving New Wave Ventures Sdn Bhd for bringing in several non-performing buyers. Genuine buyers should contact me directly and not be tricked by these fake brokers who have been circulating SCOs purportedly coming from New Wave Ventures Sdn Bhd.

19. REQUEST FOR SCO.

Brokers who wish to request for FCO / SCO from us should furnish us the following minimum details ?

1. Where does your buyer coming from - We prefer buyers from US, Europe and Middle East only ?

2. What is the location your buyers want the gold to be - Dubai, Zurich, HK, London or USA ?

3. What is the total quantity, trial and monthly delivery?

4. What is the payment guarantee that the buyer can provides ? Without acceptable payment guarantee, there is no deal. We might offer 3rd party guarantor offer, but the buyers must be scrutinized first. We need a copy of the buyer's company profile, KYC/CIS, trade license and passport copy.

20. NON-PERFORMING BUYERS.

We maintain a record of buyers who signed our SPAs but failed to perform. And we have long list of them. I have also blocked many brokers who have the habit of sending fake and non-performing buyers to us. From 2026 onwards, we shall take legal action on every buyers who signed our SPAs but failed to perform to claim penalty charges and other damages from them.

21. DISCLAIMER

This website is for DD/KYC purpose only and no trading activities is done through this website. Please contact myself or my seller mandate should you require any FCO. We do not collect your details or your banking information. We have no use for such information. Buyers or brokers who harbor any doubts are free to contact other sellers or buy from them.

Thank you and warmest regards.

Peter Sese Kabit

CEO,

New Wave Ventures Sdn Bhd.

petersese1@newwave-ventures.net.

APPENDIX 1:

3RD PARTY GUARANTEE PROCEDURE:

For 3,600 MT and below and 1st Trial for total orders above 3,600 MT

Seller has issued FCO which basic terms and conditions acceptable to the Buyer subject to the final SPA and buyer have signed the FCO and issued an LOI and CIS to SELLER COMPANY to proceed.
After satisfied that the buyer is RWA-ready, Seller issues the SPA for the Buyer to complete and return after any final agreed amendments.
After mutual agreement with the final SPA, The Buyer (first) and The Seller (second) will sign and seal this Sales and Purchase Agreement with their full banking coordinates within the SPA, NCNDA and IMFPA followed by the guarantor who will complete his details as well as his banking coordinates in the Agreement.
The Seller and the Buyer will lodge the completed set of contract documents with their respective banks.
The 3rd party Investor instructs his Bank, TO SEND CASH SWIFT MT 103 REFUNDABLE INDEMNITY SUM OF USD 450,000 TO SELLER’S NOMINATED FIDUCIARY RECEIVER BANK AND SEND THE BANK PAYMENT SLIP COPIED SELLER FOR FOLLOW UP.
Upon receiving, verifying, authenticating, and validating the CASH SWIFT MT103 REFUNDABLE INDEMNITY SUM OF USD 450,000 at the Fiduciary bank, Seller’s gold custodian bank will issue Letter of Invitation (ATV – AUTHORITY TO VIEW) to TTM to view and inspect the gold to be sent to the Buyer’s email address. Note: The SKR will be handed over to the buyer by the title holder during TTM after buyer has exchanged his Proof of fund.
Buyer along with an Assayer of Buyer’s choice will then be invited for Tabletop Meeting and a physical viewing/inspection of the Gold Bullion Bars at the depository within three (3) Banking Days after the CASH SWIFT MT 103 REFUNDABLE INDEMNITY DEPOSIT by the 3rd party investor is verified and validated.
The buyer may also nominate Buyer’s Bullion Officer and/or an Authorized Representative to attend on Buyer’s behalf if preferred. If so required, Buyer can arrange to send the gold to a mutually recognized refinery for assay at Buyer’s cost.
All relevant documentation and paperwork will be provided to the Buyer electronically (per tranche). The Buyer will also receive an Assay Report for their records.
After the physical viewing/ inspection/assay of the Gold Bullion Bars at the bank depository and once the Buyer has settled the cost of the first tranche (quantity as stated in buyer’s LOI) Gold Bullion Bars with the Seller of the gold, the Title of ownership of equal quantity (quantity as stated in buyer’s LOI) delivery of Gold Bullion Bars will be transferred to Buyer.
The buyer will be granted the required authorization to verify the SKR and all other documents directly with the Custodian Bank of the gold in his capacity as the Buyer.
The 3rd party USD 450,000 CASH INDEMNITY DEPOSIT SUM shall be used for subsequent delivery, following the same process, delivery of (quantity as stated in buyer’s LOI) per month and after assay, full payment of each (quantity as stated in buyer’s LOI) tranche followed by ownership transfer to the buyer.
The USD 450,000 CASH INDEMNITY DEPOSIT SUM shall be refunded to the 3rd party investor after the total quantity is completely delivered to the buyer.
The commissions to the seller’s agents and buyer’s agents and fees to the guarantor due will be paid by the Seller immediately and without delay to each appointed Paymaster or Beneficiary after each tranche and as per the Terms and Conditions of the SEPARATE NCNDA/IMFPA which forms part of this Agreement.
TRANSACTION CONCLUDED.

APPENDIX 2:

TRANSACTION PROCEDURES FOR MT 103 LEDGER-TO-LEDGER:

For Total Orders above 3,600 MT

Due to the recent switch from MT to ISO 20022 by Swift, the MT 103 L2L is suspended for the time being. We shall focus on 3rd party deposits of 450,000 USD/Eur and USDT procedures.
The recent migration to Swift 20022 place the AMLA, KYC / DD burden on the remitting banks where everything needs to be justified and documented, thus creating long delays.