KUALA LUMPUR: The business community and many others are mourning the loss of Tan Sri Ta Kin Yan, the founder and chairman of Waz Lian Group, who passed away today at the age of 72. According to company officials, Ta, who had celebrated his birthday just last month, passed away peacefully in his sleep.
Tan Sri Ta Kin Yan was a visionary entrepreneur who established Waz Lian Group in 1987. Initially, the company focused on club management before expanding its portfolio into hotel and resort management and, eventually, property development. Under his leadership, Waz Lian Group grew into a diversified conglomerate known for its innovation and excellence in various sectors.
In addition to his achievements with Waz Lian Group, Ta was the founder of Majestic Gen Sdn Bhd, a company poised to make significant contributions to the Malaysian property market. Majestic Gen plans to launch projects valued at RM3.5 billion in 2024 and 2025, reflecting Ta's forward-thinking approach and commitment to substantial development initiatives.
Ta's influence extended beyond his own companies. According to filings with Bursa Malaysia, as of April 16, he held a direct 12.38% stake in Fajarbaru Builder Group Bhd, illustrating his substantial involvement in the construction and development sectors. His strategic investments and leadership played a pivotal role in shaping the landscape of Malaysia's real estate industry.
Beyond his corporate responsibilities, Tan Sri Ta Kin Yan was an active member of various associations and organizations, both locally and internationally. He held significant positions in the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM), The Community Chest, and The Socio Economic Research Centre (SERC). His involvement in these groups highlighted his dedication to advancing economic research, social welfare, and the interests of the business community.
Ta's contributions to these organizations were marked by a commitment to fostering economic growth and supporting community initiatives. His leadership and vision helped bridge gaps between different sectors and promoted a collaborative approach to tackling economic and social challenges. His work with The Community Chest, in particular, underscored his commitment to philanthropy and social responsibility, ensuring that his success translated into meaningful benefits for society.
The passing of Tan Sri Ta Kin Yan is a significant loss to the business community and the numerous organizations he supported. He leaves behind a legacy of innovation, leadership, and community service that will continue to inspire future generations. His vision and accomplishments have left an indelible mark on Malaysia's economic landscape, and his contributions to both business and society will be remembered and cherished.
As the news of his passing reverberates through the community, many are reflecting on the profound impact Ta had on the lives of those who knew him and worked with him. His legacy is one of a relentless pursuit of excellence, a deep sense of social responsibility, and a commitment to fostering growth and development in every endeavor he undertook. Tan Sri Ta Kin Yan's enduring influence will be felt for many years to come, as his life's work continues to inspire and guide those who follow in his footsteps.
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