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Tay Za

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Tay Za
တေဇ
Born (1964-07-18) 18 July 1964 (age 60)
NationalityBurmese
Other namesTayza, Teza
Occupation(s)Chairman, Htoo Group
TitleThiri Pyanchi[1]
SpouseThida Zaw[2]
ChildrenPye Phyo Tay Za
Htet Tay Za
Rachel Tay Za[2]
Parent(s)Ohn (mother)
Myint Swe (father)[2]
RelativesThiha (brother)[2]

Tay Za (IPA: [tèza̰]; Burmese: တေဇ, pronounced [tèza̰]; also spelled Tayza or Teza; born 18 July 1964[3]) is a Burmese business tycoon, and a close associate of the country's former head of state, Than Shwe.

According to one source, he was born in 1964 in Yangon. His father, Myint Swe, is a retired Lieutenant Colonel working for the Ministry of Information.[4] He was the youngest of six siblings. He passed 10th standard at TTC of Yangon in 1982. He attended the Defence Services Academy, as part of the 1982 intake, but dropped out during his third year to marry Thida Zaw (daughter of U Zaw and Daw Htoo of Gyobingauk), without the consent of his or her parents.[4]

Business holdings

His major business interests include Htoo Group and Air Bagan, the country's first and only fully privately owned airline. In 2006–2007, Htoo Trading, a division of Htoo Holdings involved in teak log exports, was Burma's top private exporter and fifth largest overall, with gross revenues of $65.1 million. He began his career in the 1980s and started Htoo Group in the early 1990s to extract timber from Burma's forests. Other activities include construction, tourism, infrastructure projects, and mobile phone services.

Tay Za's airline Air Bagan is the main sponsor of Yangon United Football Club, one of the nine professional football clubs in Myanmar competing for the Myanmar National League (MNL) title. His son is chairman of the club.

References

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  1. ^ http://www.irrawaddy.org/article.php?art_id=17568
  2. ^ a b c d "CONSOLIDATED LIST OF FINANCIAL SANCTIONS TARGETS IN THE UK". Her Majesty's Treasury. UK Government. 20 April 2011. Retrieved 24 July 2011.
  3. ^ Jay Solomon and James Hookway (2007-10-24). "U.S. Focuses on Myanmar Tycoon". The Wall Street Journal.
  4. ^ a b Montlake, Simon (28 September 2011). "Burma's Showy Crony". Forbes. Retrieved 10 April 2012.