a day ago
- Business
- New Straits Times
GLC VP wins RM1.3mil payout over unlawful dismissal
KUALA LUMPUR: The Industrial Court has ordered Malaysian Bioeconomy Development Corporation Sdn Bhd (Bioeconomy Corp) to pay RM1.31 million in compensation to its former vice-president of corporate and finance, after the High Court ruled his dismissal was without just cause.
Syed Agil Syed Hashim, who served with the company from February 2006 to September 2020, was informed that his contract would not be renewed.
It was argued his employment was on a fixed-term basis, and the Industrial Court initially agreed in a 2023 ruling.
However, in January this year, the High Court overturned that decision, finding that Syed Agil's employment had been dismissed without just cause or excuse.
"By virtue of this finding, it necessarily follows that the Claimant's employment was
not on a fixed-term basis but was permanent in nature,"
The court ordered the case to be sent back to the Industrial Court solely for assessment of compensation.
Industrial Court chairman Pravin Kaur Jessy awarded Syed Agil RM554,400 in compensation in lieu of reinstatement and RM760,320 in backwages, after a 20 per cent deduction for post-dismissal earnings.
Syed Agil was earning RM39,600 a month at the time of his dismissal. He remained unemployed for six months before joining the Perak State Development Corporation, where he became group chief executive officer.
The company was also ordered to make the necessary statutory deductions and EPF contributions, and to pay the balance within 30 days.
Nur Zur'Ain Mat Ramlee represented the claimant, while Abdul Aziz Hamzah appeared for the company.
