Recent Updates — TGL
Treasure Global Inc.'s Malaysian subsidiary, Tadaa Technologies, entered into a Software Development Agreement with Techcom Vintage Sdn Bhd to design and deliver the Government Smart Fertilizer Traceability & AI Agriculture Intelligence Programme. The total fixed fee is RM8 million (approx. $1.7M USD), payable in six milestones over ten months. The project includes hardware supply, integration, and post-delivery support for government subsidy programs. Treasure Global Inc. operates in the technology and investment sector.
Treasure Global Inc entered into separate Subscription Agreements with three Malaysian investors, including Acting CEO Teo Chong Chan and CFO Pusparajan a/l Vadiveloo, to purchase up to US$400,000 of common stock each. The aggregate offering totals US$1,200,000, structured in two equal tranches per investor. Shares will be issued at the greater of $0.45 or the preceding day's closing price, potentially resulting in approximately 2,666,666 shares if priced at the minimum. The transaction relies on Regulation S and involves restricted securities subject to Rule 144. Treasure Global Inc operates in the digital entertainment and gaming industry.
Treasure Global Inc.'s affiliate, Tadaa Capital Sdn. Bhd., entered into a Shares Sale Agreement on October 16, 2026, to acquire 100% of Platinum Recognition Sdn. Bhd. (PRSB) from four individual vendors for RM2,400,000. The transaction involves an initial deposit and the issuance of Treasure Global common stock to an escrow agent, which will be sold after a six-month restriction period to fund the remaining balance. Completion is subject to conditions including the execution of an Escrow Agreement and confirmation of no material adverse change in PRSB's operations. This acquisition expands Treasure Global Inc.'s portfolio into the Malaysian budget hotel industry.
Treasure Global Inc. entered into a Brand Mastery & Market Development Consultancy Agreement with PEPE Cemerlang Marketing, a Malaysian firm, on October 15, 2026. The non-exclusive agreement covers three phases: establishing brand foundation, crafting identity, and executing marketing growth strategies over an eighteen-month term. The total service fee is USD 2,000,000, payable in cash, shares, or a combination based on the Company's discretion. Shares issued as payment would be restricted for six months. This engagement aims to develop brand strategy, visual identity, and integrated marketing campaigns. Treasure Global Inc. operates in the digital entertainment and media sector.
Treasure Global Inc entered into a Supplemental Agreement with Mestiz Technology Sdn Bhd on September 24, 2026, amending their Software Development Agreement. The parties reduced the total service fees from $2,000,000 to $1,000,000 while maintaining the scope for a centralized Microsoft Power BI Business Intelligence solution across lifestyle membership, loyalty ecosystem, and digital wallet businesses. Treasure Global has already issued shares valued at $500,000 to satisfy Milestone 1, which is credited against the revised fees. The remaining $500,000 will be paid in two $250,000 milestones upon mobilization of Phase 2 and Phase 3, payable in cash, stock, or a combination at the Company's discretion. Treasure Global Inc operates in the digital lifestyle, fintech, and business intelligence software industry.
Treasure Global Inc entered into a Software Development Agreement with Mestiz Technology Sdn Bhd on September 11, 2026. The company engaged Mestiz Tech to design and implement a centralized Microsoft Power BI business intelligence platform across its lifestyle membership, loyalty ecosystem, and digital wallet businesses. The total service fee is $2,000,000, payable in cash, common stock, or a combination thereof according to a milestone schedule. This agreement enables the company to transform operational data into actionable insights for management monitoring. Treasure Global Inc operates in the fintech and lifestyle membership sector.