KUALA LUMPUR: The Domestic Trade and Cost of Living Ministry seized 3,545 pieces of gold in various forms worth RM82,725 through Ops Tulen at a business premises in the Kuchai Lama Business Centre, here, recently. Tests on the seized gold showed that the gold content varied between 80% and 98% for each piece weighing 0.01g. In this regard, the premises involved were suspected of committing an offence under Section 5(1)(a) of the Trade Descriptions Act 2011 for making false trade descriptions regarding the purity standards of precious metal goods. In addition to the gold, several pieces of equipment and documents were also seized to assist further investigations. The ministry said legal action will be taken against any party who makes false trade descriptions regarding the content, type or name of the goods under Section 5(1)(c) of Act 730.
Source: The Star January 18, 2026 09:24 UTC