Politics · Malaysia Bureau
Malaysian Rubber Board subsidiary placed on hold due to performance issues
The government has rendered LGMPC dormant following concerns over operational performance and necessary changes to its business model, according to the plantation and commodities minister. All staff members have been offered a mutual separation scheme as part of the transition.
LSN Malaysia ·
Plantation and Commodities Minister Noraini Ahmad confirmed that the Malaysian Rubber Board subsidiary has been placed in a dormant state, citing performance shortfalls and the need for strategic restructuring. The decision reflects broader efforts to optimise operations within the rubber industry's supporting institutions. Ahmad stated that the entire workforce has been offered a mutual separation scheme to facilitate the transition, allowing staff members to exit the organisation on mutually agreed terms. The minister did not provide specific details regarding the timeline for the dormancy period or conditions for the subsidiary's potential reactivation. The move underscores ongoing efforts by the ministry to strengthen governance and operational efficiency across its portfolio of agencies and subsidiaries in the commodities sector.