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Building Investment (September - October 2017)

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NEWS & EVENTS<br />

BMDAM 40th ANNUAL<br />

GENERAL MEETING<br />

The 40th Annual General Meeting of the <strong>Building</strong> Materials<br />

Distributors Association Malaysia (BMDAM) convened on 27th<br />

July at its premises with incumbent President, Yang Kian Lock<br />

(Sudut Swasta Sdn Bhd) in the chair.<br />

PRESIDENT’S ADDRESS<br />

In reviewing the Association’s activities over the past year, the<br />

President remarked that BMDAM continues to be an entity that<br />

government agencies (MIDA, CIDB, MITI, SIRIM, JKR) recognise<br />

and dialogue with by virtue of the close interaction and rapport<br />

between the two. By invitation, the Association is represented<br />

at international conferences such as MIDA’s Specialised <strong>Building</strong><br />

Materials Supply Chain Conference <strong>2017</strong> and in the Malaysian<br />

Service Providers Confederation (MSPC).<br />

These and other events offer exposure and raise awareness<br />

of BMDAM members as to the future of the building construction<br />

industry and of trends and changes, such as Akta 520 and<br />

implementation of IBS which could become mandatory in two<br />

to three years. “Training,” he remarked, “is vital for future<br />

development.”<br />

To this end, BMDAM has and will continue to organise<br />

sessions on specific subjects such as accounting and credit<br />

management as well as opportunities for fairs and exhibitions,<br />

networking, business-matching, topical seminars and workshops.<br />

The 2016 launch of its Facebook page, for example, is aimed at<br />

expanding BMDAM’s reach to its members, and the public alike,<br />

to facilitate the sharing of information and market updates. It is<br />

a vehicle for members to get involved with and staying abreast<br />

of the market. Be that as it may, the President reiterated his call,<br />

from the year before, for increased membership so to ensure the<br />

Association’s continued well-being and growth,<br />

Merit Prize<br />

Winner: Ling Lai Kwan<br />

Caption: Bamboo groove<br />

FINANCIAL REPORT<br />

Revenue from data services rendered to Master Builders<br />

Association Malaysia (MBAM), and funds generated from various<br />

projects such as the Annual Golf Tournament, and Annual Dinner<br />

have put BMDAM on a sound financial footing for the period<br />

ending December 2016. Nevertheless, without inconvenience<br />

to members, the Association will be diligent in expenditure and,<br />

whenever possible, take opportunity to cut costs, like using<br />

BMDAM’s premises for seminars, workshop, etc as opposed to<br />

renting third-party locations.<br />

Merit Prize<br />

Winner: Mohd Samsi Bin Sumairi<br />

Caption: Our food our future<br />

For more on BMDAM and the president’s thoughts, please turn to page 22.<br />

6 <strong>Building</strong> & <strong>Investment</strong> | www.b-i.biz<br />

Consolation Prize<br />

Winner: Amalina Binti Wan Mohd Nur<br />

Caption: Lake garden in the city of Taiping

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