On the 7th June 2012 , it was announced by Knight Frank  -- Battersea-Power-Station-0942.aspx/ that administrators Ernst & Young had entered into an exclusivity agreement with SP Setia and Sime Darby and are working towards a timely exchange and completion of the site and associated land.
The Malaysian government 's Employee Provident Fund bought Battersea Power Station as reported on May 30 , 2012 , although they denied ever bidding for it .