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Launching of 2nd Batch IP Valuer Training

September 2, 2013
  • September 2, 2013
    8:00 am

MyIPO press release

Launching of 2nd Batch IP Valuer Training
KUALA LUMPUR, Sept 2 — Intellectual Property Corp of Malaysia (MyIPO), an agency tasked to oversee the development of intellectual property (IP) rights in Malaysia, has launched the second series of its IP Valuation course to create more qualified local IP valuers.

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Chairman Datuk Abdul Manan Ismail said the IP assessment to obtain financing from financial institutions was a highly specialised field and required high skills.

“This course would surely help boost the IP field into an economic driver of the country,” Abdul Manan told Bernama after the launch of the course here today.

The course will be using the same IP assessment training module used for the first series which were based on the Blue Ocean Strategy approach, making Malaysia the first Asean country to implement the course systematically.

“This shows Malaysia’s readiness to be on par with the developed countries in the use of IP as collateral,” he said.

The second series will have 30 participants, who are officers from the Valuation and Property Services Department, private valuers, IP agents and accountants.

The course will be from early of September until end of October this year.

On a related matter, seven of the 23 participants from the first series who passed the IP Valuation Test will be given certificates of recognition from both MyIPO and World Trade Institute, University of Berne, Switzerland.

Abdul Manan said the number of passing participants was low due to the strict valuations of the test, which showed that MyIPO was being serious in the IP matter.

MyIPO will also launch a pilot programme for the IP market place in 2014.

Deputy Director-General (Industrial Property), Shamsiah Kamaruddin, said the pilot programme was to simulate the actual trading of IPs in the market place.

It would be based on the existing IP market places in US, Hong Kong, China and Europe, she said.