About MRE
THE MALAYSIAN RUBBER EXCHANGE (MRE) is the sole regulatory
and supervisory body, set up for the promotion, development and proper conduct
of the trade and commerce and the distribution and marketing of, rubber
in Malaysia. Established in 1962 under the Federation of Malaya Rubber Exchange
(Incorporation) Act, 1962, it has since January 1, 1998 been emplaced under
the Malaysian Rubber Board by virtue of the Malaysian Rubber Board Act,
1996.
Functions
- to make arrangements and regulations for the proper
conduct of the trade;
- to make and enforce bye-laws and contract terms of
the MRE;
- to act as an arbitration centre for the settlement
of disputes;
- to provide facilities for co-operation in all matters
affecting the trade;
- to safeguard the interests of the members of the
MRE, in as far as the rules and regulations so allow
Membership
To qualify for membership, the applicant must be
of reliable standing and financially sound. There are two categories of
membership, viz. Ordinary and Associate.
Ordinary Members
Being those:
- whose names appear in the Register before 1 January 1998; or
- who carry on or intend to carry on business in the rubber trade or industry in and from a place of business in Malaysia and -
- in the case of individuals, are ordinarily resident in Malaysia, or
- in the case of corporations, are incorporated in and registered under any written law of Malaysia;
Associate Members
Comprise those outside Malaysia, who are members of recognised rubber trade associations,
rubber or commodity exchanges or other associations connected with the rubber
trade in that area.
Fees
The amount payable by members are as follows: -
| Category |
Entrance Fee |
Annual Subscription |
Ordinary Members
Producers, Brokers, Dealers and Users |
RM500.00 |
RM500.00 |
| Associate Members |
RM750.00 |
RM750.00 |
Further details regarding application for Membership can be obtained from
the Malaysian Rubber Exchange, Economics, Licensing & Enforcement Division.
Contact Information
If you have any queries, please contact us at:
Malaysian Rubber Exchange
Malaysian Rubber Board
4th Floor, Bangunan Getah Asli (Menara)
148 Jalan Ampang
50450 Kuala Lumpur
Tel: (6) 03 9206 2092
Fax: (6) 03 2161 6586
E-mail: mre@lgm.gov.my