KUALA LUMPUR: Property developer TA Global Bhd plans to launch maiden property developments in Canada and Australia this year to expand- The company, 74 per cent owned by financial services group TA Enterprise Bhd, is launching Phase 1 of its C$212 million (RM659 million) Fantasy Garden project in Richmond, Vancouver, and A$600 million (RM1-94 billion) Little Bay development in Sydney this month and in September, respectively- TA Enterprise managing director Datin Alicia Tiah is upbeat on the property market in Canada and Australia- Locally, TA Global is aiming to launch Dutamas in Mont' Kiara, a residential project worth RM385-6 million in the third or fourth quarter of this year- It will also launch new phases within its ongoing RM4 billion Damansara Idaman development in Bandar Sri Damansara- Tiah said the company's focus up to 2013 will be to launch more phases within Fantasy Garden, Little Bay and Damansara Idaman- In 2014, TA Global may launch the RM1-4 billion 50-storey twin tower residences near the Petronas Twin Towers, and thereafter Nova Square, a RM1-35 billion project at the junction of Jalan Bukit Bintang and Jalan Imbi- "We are in no hurry to launch the twin tower residences and Nova Square, especially with the Kuala Lumpur International Financial District coming up- "We know we are sitting on good land and hope to reap the best when we launch for our shareholders' interest," she said after the company's shareholders' meeting yesterday- The company is also looking at new investment properties here and overseas- It plans to buy more hotels to add to its current five- Meanwhile, TA Enterprise is looking to buy a local unit trust company in order for its assets under management hit RM1 billion in the current financial year from RM750 million now-...

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