History

 

1996

 

Nov

 

The entire Group’s operations based in Kuala Lumpur was finally housed in TA’s own premise, known as Menara TA One, a 37-storey office and commercial tower.

 

Aug

TA Properties Sdn Bhd and The Philippine National Construction Corporation (PNCC) signed a joint Property Development Agreement on 29 August 1996 to develop PNCC’s 2.3 hectare property along Edsa Boulevard, Mandaluyong City, Manila into a RM7.7 billion high-rise condotel-office-commercial-residential centre.

 

Jul

TA Unit Trust Management Berhad (TAUTM) (known known as TA Investment Management Berhad)’s maiden fund known as TA Balanced Fund was officially launched on 1 July 1996. TA Securities Berhad which controls 70% of TAUTM was the first stockbroking house to launch a unit trust fund, without any bank support.

Apr

TA Investment Management Berhad (TAIM) (formerly known as TA Unit Trust Management Berhad) commenced business. TAIM is involved in fund management and unit trust activities.

 

Mar

TA Enterprise Berhad acquired a 24-storey office and commercial building known as “BC Gas Centre” (now known as Terasen Centre) situated at 111, West Georgia Street, Vancouver, B.C Canada for a total purchase consideration of C$91,400,000.00 equivalent to approximately RM171,832,000.00. BC Gas Centre is strategically located at the Northwest corner of Georgia and Thurlow amidst Vancouver’s most prestigious commercial and financial destinations.

 

Feb

TA International Sdn Bhd acquired 49% equity interest in PT TA Ongko Securities (then known as PT Arya Prada Sekuritas) to joint venture with the Indonesian conglomerate, PT Ongko Muticorpora to strategise expansion of the stockbroking business into the Indonesian market.