Plantation and commodities minister Noraini Ahmad said LGM had appointed a commercial property management company to manage its properties, while the board itself had taken over management of its plantations.PETALING JAYA: The decision to render LGM Properties Corporation (LGMPC), the property and plantation management subsidiary of the Malaysian Rubber Board, or Lembaga Getah Malaysia (LGM), dormant was made following a study of its performance since 2018 and changes to its long-term business model.
Plantation and commodities minister Noraini Ahmad said all LGMPC staff were offered and accepted a mutual separation scheme, with none absorbed into LGM.
Noraini said this during the committee stage debate on the 2027 budget for her ministry in the Dewan Rakyat in response to questions from Willie Mongin (GPS-Puncak Borneo).
