TIN INDUSTRY (RESEARCH AND DEVELOPMENT) BOARD (TIN BOARD)
The Tin Industry (Research and Development) Board (Tin Board) was established under Section 4 of the Tin Board (Research and Development) Fund Ordinance No. 58 of 1953. In March 1991, the Ordinance was amended and published as a revised legislation entitled Tin Industry (Research and Development) Fund Act No.455 of 1953.
The Act provides for the collection of cess on export of tin from Malaysia. It also establishes a Fund into which money collected as cess is to be paid into. The Act also establishes a Board to administer and manage the Fund for the purpose of funding research, development, publicity and other activities for the benefit of the Malaysian tin industry. Since January 1979, the cess has been fixed at the rate of 3.6377 cent per kilogramme of tin concentrates.
The Tin Board started operations in 1954 and is responsible to the Ministry of Primary Industries. The primary objectives of the Tin Board are to stimulate, popularise and extend the consumption and uses of tin, to publicise and disseminate information on tin production, characteristics and availability, to undertake other activities that will benefit the tin industry, and to help develop a fully integrated tin-based products manufacturing industry.
The Tin Board has 10 members, six of whom comprise representatives of the tin industry and four are representatives of the government. The current Chairman of the Board is Dato' Dr. Mohd. Ajib Anuar, DIMP. The Secretary of the Board is Tuan Hj. Muhamad Nor Muhamad.
THE MALAYSIAN TIN PRODUCTS MANUFACTURERS' ASSOCIATION (MTPMA)
The MTPMA, formed in 1989, is also serviced by the Secretariat and comes directly under the purview of the Tin Board (Research and Development) Board forming part of its extended activities covering the downstream tin-based manufacturing sector under the Industrial Master Plan objectives.
The Association presently has 18 members comprising solder, pewter and tinplate manufacturing companies. It is managed by a Management Committee of seven duly elected members. Its Annual General Meeting is normally held in June where the Association's Report of the Management Committee and Statement of Accounts for the year ending 31 December are presented. The current President of the Association is Mr. Mamoru Kawasaki.
THE KUALA LUMPUR TIN MARKET (KLTM)
The Kuala Lumpur Tin Market was incorporated
on June 28, 1984 and was opened for trading on October 1, 1986. It replaced the 75 year old Penang
Physical Market. The Kuala Lumpur Tin Market is a physical market where buyers and sellers meet to
transact business on the floor by open competitive trading. The Market opens daily at 1030 hours
local time where bids and offers are matched and balanced to arrive at an equilibrium price.
The KLTM has migrated to an on-line electronic trading to replace its
open outcry trading system on 17 September 2001.
Membership of the KLTM is opened to corporate bodies and firms which are incorporated in Malaysia
in accordance with the provisions of the Companies Act 1965 with a minimum paid up capital of
RM250,000.00. Any corporate body or firm which by some reason of its domicile does not meet the
requirements for membership, may be admitted at the discretion of the Board.
There are two classes of members namely, Ordinary and Associate Members. Ordinary members are allowed to trade directly in
the market while Associate Members may do so through an Ordinary Member. The number of members of the KLTM at present is 6. Membership of the company is non-transferable.
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