First Taz Tradition Sdn Bhd 简介

The company is a Financial Institution established since 1984 as an inter-bank money and currency deposit broker, licensed by Bank Negara Malaysia.

 

First TAZ Tradition Sdn. Bhd. was incorporated as Pyemas Sdn Bhd on the 9th November 1984 as a Foreign Exchange and Currency Deposit Broker. It was established as a private limited company and owned by Malaysian resident corporations. The Malaysian financial market is a specialized market, and Pyemas Sdn. Bhd. sought to capture a sizable portion of the business then already capitalised by seven other competitors. Pyemas Sdn. Bhd was owned by Tun Ling Liong Sik (90 %) and the late Mr.Wong Kang Soon (10%).

 

In 1995 Dato’ Tunku Ahmad Zahir Bin Tunku Ibrahim led a management buy-out and formed the present share structure and changed its name to First TAZ Money Brokers Sdn Bhd to reflect its core business and new ownership. In March 2007, a new era had begun, Tradition Singapore (Pte) Ltd acquired the 40% equity held by Berjaya Capital and the company changed its name to First TAZ Tradition Sdn Bhd.