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BMCC Newsletter Issue #325 - 24 October 2022

Dear Subscriber,
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Powering Up A Much-Loved Cultural Icon
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Battersea Power Station, an iconic landmark in southwest London, finally welcomed the public on 14 October 2022 after being closed for almost 40 years. Two days before its public opening, the Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Musta’in Billah officiated the opening ceremony of Battersea Power Station. His Majesty was accompanied by the Raja Permaisuri Agong Tunku Hajah Azizah Aminah Maimunah Iskandariah Binti Almarhum Al-Mutawakkil Alallah Sultan Iskandar Al-Haj, along with H.E. Dato’ Zakri Jaafar, Malaysian High Commissioner to the UK. H.E. Charles Hay MVO, British High Commissioner to Malaysia also travelled to London to attend the significant occasion.

Also present during the opening ceremony, which was a proud moment for Malaysia and the UK, were Tun Arifin Zakaria, Group Chairman of Permodalan Nasional Berhad; Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Finance, Malaysia; Dominic Johnson CBE, Minister for Investment, UK; Greg Hands MP, Minister for Trade Policy, UK, and MP for Chelsea and Fulham, together with other distinguished representatives of the Battersea Power Station shareholders.

Fans of British rock band, Pink Floyd, would recall that the Battersea Power Station was immortalised on the front cover of the band’s 1977 album, Animals. Around that time, the building was approaching the end of its useful life before it closed and ceased to generate electricity in 1983.

Prior to its closure, Battersea Power Station functioned from the 1930s to 1980s, and at its peak, it was producing one-fifth of London’s power. It was supplying electricity to some of the capital’s most important landmarks.

There were numerous, but failed attempts to revive the derelict coal-fired power station, which was an instantly recognisable landmark in London. It was not until 2012, when the power station was purchased by a consortium of Malaysian investors namely S P Setia, Sime Darby Property and the Employees Provident Fund, that decades of the building’s disuse was finally brought to an end. Work began in 2013 to redevelop the 42-acre site surrounding the power station to create central London’s largest, most visionary and eagerly anticipated new riverside neighbourhoods.

The regeneration project, valued at £9 billion, will create a vibrant, mixed-use destination offering a community of homes, shops, restaurants, offices, culture and leisure venues, as well as 19 acres of public space, all serviced by an extension to the London Underground Northern Line. A new National Health Service medical facility is also under construction at the site.

The Battersea Power Station is a Grade II* listed building, therefore all efforts are made to preserve the building due to its historical and architectural significance. The heritage and history of the power station’s industrial past has been instrumental in the manner of its restoration.

Dato’ Jagan Sabapathy, Chairman of Battersea Project Holding Company and Senior Independent Non-Executive Director of Sime Darby Property said: “Through the enduring strength of the Malaysian-UK relationship, the extensive experience of the shareholders, and the unrelenting ambition of the Malaysian people to deliver excellence across the globe, we have reached this tremendous milestone to bring this London icon back to life.

“Not only has a new destination been created from reviving a disused power station but a thriving community has already been established since opening the first phase of the project, Circus West Village, that we are committed to nurturing for years to come,” he said in a statement.

The reopening of the Battersea Power Station after a transformational restoration project reflects strongly on the capability of Malaysia to take on major development projects in the UK. Such outstanding achievement is representative of close bilateral, economic and investment relations between both countries.

The consortium of Malaysian companies has successfully brought Battersea Power Station back to life to become one of London’s top cultural, retail and leisure destination for future generations.

The BMCC congratulates our members, Sime Darby Property Berhad and S P Setia Berhad on this momentous venture!
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Launch of Intellectual Property Enforcement Manual for Malaysia
The BMCC together with the Intellectual Property Office of UK (UKIPO) and Rouse, successfully launched the Intellectual Property (IP) Enforcement Manual for Malaysia at a webinar held recently.

The BMCC would like to thank our esteemed speakers for their valuable insights:
  • Christabel Koh - Southeast Asia Regional IP Business & Trade Advisor, UKIPO
  • Wong Jin Nee - Partner, Wong Jin Nee & Teo
  • Shamsul Nizam bin Khalil - Deputy Director General of Enforcement (Operations), Ministry of Domestic Trade and Consumer Affairs
  • Anushka A. - Consultant, Rouse

We were glad to have Jin Nee to present highlights of the IP Manual and Shamsul Nizam to share on IP Enforcement in Malaysia.

If you missed the webinar, here is the recording: https://youtu.be/vNllL4Tj9uY.

A copy of the IP Enforcement Manual can also be found on our website: https://bmcc.org.my/vault/publications/ip-enforcement-manual-malaysia.
 
BMCC Member Engagement | Trowers and Hamlin Celebrates 10 Years in Malaysia
The Chamber congratulates Trowers and Hamlin LLP, a member of the BMCC for the firm's 10th anniversary since opening in Malaysia.

BMCC Chief Executive Officer, Jennifer Lopez and Membership & Strategic Partnerships Senior Manager, Roufizah Razali attended the milestone event.

We thank the international law firm for extending an invitation to the BMCC to celebrate their achievement.
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Meet Our New Member Opito Asia Pacific Sdn Bhd
Welcome to our new member, Opito Asia Pacific Sdn Bhd.

Opito is the global, not-for-profit, skills body for the energy industry. More than 375,000 people are trained to OPITO Standards every year in more than 50 countries through 230 accredited Centres. With operation hubs in four regions - UK and Europe, Middle East and Africa, Asia Pacific and the Americas - Opito is driving safety and competency improvements to benefit the industry. The industry-owned organisation also works with governments, national oil companies, operators and contractors, offering a range of services and products to meet international skills needs and support workforce development.
 
Meet Our New Member Indizium Sdn Bhd
BMCC welcomes our new member, Indizium Sdn Bhd.

Indizium is the premier consulting partner that organisations call upon to conceptualise, design and implement solutions on all AV integrations, video conferencing and collaboration solutions, total integrated medical simulation training, smart surgical suite, and telemedicine technology for remote medicine. Indizium has an unparalleled knowledge in professional consulting, integration, and management services for multimedia audio visual communications.
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Malaysian Election Commission Sets GE15 on 19 November 2022
The Election Commission has announced that polling for the 15th general election (GE15) will be held on Saturday, 19 November 2022. The important dates for GE15 are:

Nomination Day: 5 November 2022
Early Polling Date: 15 November 2022
Polling Day: 19 November 2022

Read More
 
Ministry of International Trade and Industry Organises Virtual CPTPP EPCO Module Walkthrough and User Feedback Session
The Ministry of International Trade and Industry (MITI) recently announced Malaysia has submitted the Instrument of Ratification (IOR) for the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to New Zealand, the CPTPP Depositary, on 30 September 2022 and this agreement will enter into force for Malaysia on 29 November 2022.

Pursuant to that, MITI in collaboration with Dagang Net Technologies Sdn Bhd (DNT) has developed ePCO system (both Cost Analysis and CO modules) to meet requirements under the CPTPP. MITI scheduled two sessions for CPTPP ePCO Walkthrough and User Feedback Sessions for those who can attend any one of the sessions or want to attend for a refresher. The details of the virtual sessions are:

Session 1:
Date: Friday, 28 October 2022
Time: 10:30am to 11:30am

Session 2:
Date: Wednesday, 2 November 2022
Time: 10:30am to 11:30am

Fill in this form to confirm your attendance.
 
Malaysia Expects to Implement Two-Pillar Taxation Approach in 2024
Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz said Malaysia has agreed to implement the "two-pillar approach” in taxation to create a competitive environment for both foreign and domestic direct investment. The approach, which also prevents cross-border tax evasion is being studied at present and estimated to begin in 2024, he said recently. The two-pillar approach refers to the Base Erosion and Profit Shifting (BEPS) 2.0 initiative spearheaded by the Organisation for Economic Co-operation and Development (OECD) and G20.
Read More
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Marlborough College Malaysia | Appointment of New Master
Marlborough College Malaysia (MCM) has appointed Simon Burbury as the next Master of MCM, succeeding Alan Stevens who will step down in July 2023. Simon and his wife, Jennifer, will join the College in August 2023 from Dollar Academy, an HMC co-educational boarding and day school in Scotland, where he has been Deputy Rector since 2020.

Simon was educated at Lancaster Royal Grammar School before gaining a BA in Music Performance at the Royal Conservatoire of Scotland, a Master’s Degree in Music from Lancaster University and his teaching qualification from Homerton College, Cambridge. Following appointments as Director of Music in Cairo, at Tanglin Trust in Singapore and at Gordonstoun in Scotland, he moved to Dollar in 2015 as Assistant Rector. He is a Fellow of the RSA, a keen dinghy sailing instructor, diver and runner.

On his appointment, Simon said: “I am immensely proud and excited to have been invited to be the next Master of MCM. I look forward to forging even closer ties with Marlborough College in the UK and continuing to build a world class legacy for this wonderful school.”
 
DDCAP Group | Winner of Best Interbroker for Islamic Transactions
Congratulations to BMCC member, DDCAP Group, for winning the Best Interbroker for Islamic Transactions accolade at the IFN 2022 Service Provider Awards. IFN said DDCAP's sixth consecutive win was bolstered by significant milestones over the last 12 months, anchored by its strategic fintech and ESG focus, which were fuelling its global expansion. Stella Cox CBE, Managing Director of DDCAP Group said the accolade was a testament to the service that DDCAP Group and ETHOS AFP strived to provide to its clients.
 
Melewar Learning Resources | Business English
Melewar's Business English (Direct English, UK) course is tailored specifically for working adults and professionals as well as clients from the corporate sectors.

The course is designed to polish and enhance the Business English and communication skills of the learners to enable them to use Business English more competently and professionally in their work environment. The course will also enable learners to build their confidence in carrying out their important work or business functions.

Join our Business English (Direct English, UK) course now! You can also register for our 𝐅𝐑𝐄𝐄 English Placement Test here: http://placementtest.directenglishlive.com/.

For more info, please contact:
Telephone: +603 20224128 / 4138
 
Mint Communications | Private & International School Fair
The Private & International School Fair is back in Kuala Lumpur! Visit the fair on 5 and 6 November 2022 at the Mid Valley Exhibition Centre any time from 11:00am to 6:00pm.

Key takeaways from the fair include:
  • Speak to representatives from international schools, pre-schools, learning centres, pre-university providers and universities among others
  • Explore the SI-UK Malaysia pavilion featuring universities from the UK and beyond
  • Take advantage of the special fee waivers/discounts/scholarships offered by international schools during the fair
  • Participate in free activities and watch performances for children

Register for the fair at https://bit.ly/PISFKLNov2022.

Admission is free. See you soon!
Register Now
 
Waypoints | British-Curriculum Schools Exhibition
Looking for an academic boarding school?

Don't miss the chance to meet admission directors from the best UK and MY schools at the Shangri-La Hotel, KL. Listen to experts in the speaker programme.

Friday, 28 October 2022
11:00am to 6:00pm

Register for tickets on Eventbrite at https://bit.ly/3cyT7ox. Free admission

For more information, visit www.bessa.asia/bessa-malaysia/.
Register Now
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Liz Truss quits after six chaotic weeks as UK prime minister
-The Star
UK Space Agency to invest £15 million investment in satellite communications
-Business & Innovation Magazine
Global broadcasting icon BBC turns 100
-Free Malaysia Today
 
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