The logo was first spotted last month, just after the club had opened. It's not a homage, it's not an approximation, it's literally the game's most iconic logo lifted and plastered atop a...club.
While the dragon motif will be in everyone's head from Skyrim, remember it's been used in plenty of other Elder Scrolls games as well. So if you want to call this a Morrowind rip-off, I'm not going to stop you.
Malaysian Club rips-off Skyrim logo [Reddit]