TAA Education Trust Fund a private initiative company - no ties with TAR UC or TARC Education Foundation

Reference is hereby made to the publication of a news article in MalaysiaKini on Monday, Dec 16,2019 under the headline,"RM40 million grant for TAR UC transferred to trust fund today".

The said misleading article covered a press conference whereby it was announced that a RM40mil fund had been disbursed to and paid into the CIMB Berhad account of TAA Education Trust Fund, purportedly as a "grant for TAR UC" requires an immediate response from TARC Education Foundation's Board of Trustees (BOT).