55th Annual General Meeting of the Malaysian Rubber Exchange (MRE)

The 55th Annual General Meeting was held on 26th June 2018 at the Conference Room, Malaysian Rubber Board. The meeting was chaired by Yang Berbahagia Dr. Zairossani Mohd Nor, Director-General of Malaysian Rubber Board cum Chairman of MRE Management Committee. The meeting received encouraging response from MRE members. Among of the agenda discussed were presentation of the MRE activities and achievements in 2017 and proposed MRE activities for half of 2018 as well as discussion on rubber trade issues in line with the roles of MRE, which was established for the promotion, development and proper conduct of the rubber trade in Malaysia.

In conjunction with the 55th AGM, two briefing sessions were organised by MRE. The first briefing session titled Managing Commodity Price Risk with Derivatives Market was presented by Mr. Moriazi Mohamad from Bursa Malaysia Derivatives Berhad (BMD). The main objective of the briefing was to provide an interactive platform for members to gain knowledge on the importance of derivatives market as a financial instrument in managing risk effectively through Futures and Options market.

The second session was on Arbitration Procedures and Proceedings by Mr. Manjit Singh Saini, Legal Advisor of MRE Arbitration Centre. This briefing session was also attended by Panel of Arbitrators and Committee for Dispute Resolution (CDR) of the MRE. The objective of the second session was to familiarise members with the procedures and proceedings of the arbitration as well as to emphasize on the enforcement of Arbitration Award in foreign countries and misconducts in handling arbitration cases.

Yang Berbahagia Dr. Zairossani Mohd Nor, Director-General of Malaysian Rubber Board cum Chairman of MRE Management Committee made his opening remarks.

The 55th Annual General Meeting on 26th June 2018 received encouraging response from MRE Members.

Mr. Moriazi Mohamad from Bursa Malaysia Derivatives Bhd gave a briefing on Managing Commodity Price Risk with Derivatives Market.

Mr. Manjit Singh Saini presented a briefing on Arbitration Procedures and Proceedings.