Seek advise from MOM and make appt to meet the officer so that you will get a clearer picture on the solution if you can. Actually there is no job security for contract staffs and if you must have a job for your next role it would be wise to look for perm roles. In my opinion, the company is trying to avoid paying you the maternity leave and for the 4 months they got to look for someone to cover your role and sometimes it could be difficult to find a short term cover hence they would rather hire a perm staff to cover you
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