Hi, I would like to ask this before confronting my HR.

Is it possible if I try to ask for mutual termination of my employment contract. I am still in probation period and do not have any tasks pending. My notice period is 2 weeks and I am trying to have a mutual termination so that I can use this time to find a new job and participate in interview. I don't have any tasks that I need to do since I am actually still in training. I also do not want to pay for the notice. Hoping that I can get some advise on this. Ps: I have been in the company for less than 1 month.

Ask your co HR

I am planning to do so. But just curious if it is possible. I haven't found any post on this in Malaysia.

Hand in resignation + requesting mutual early termination. Up to their internal policy and your managers discretion. They might ask you to complete the month for ease of salary calculation.

only your company HR and line manager can decide to say yes or no

They will most probably allow it.
This is first time i hear probation needs more than 24 hours notice.

Else just MIA i doubt they will take legal actions against u. The most they can do is blacklist u from applying jobs from them