$TGL News

TGL seeks authorization for 1-for-2 to 1-for-50 reverse split to regain Nasdaq $1 bid compliance

TGL filed SEC Form PRE 14A. Treasure Global Inc. filed a preliminary proxy (PRE 14A) to hold a virtual special meeting on November 5, 2026 asking shareholders to approve an amendment authorizing the board to effect a reverse stock split at any whole-number ratio between 1-for-2 and 1-for-50 to try to meet Nasdaq Listing Rule 5550(a)(2). The filing shows 3,484,484 shares outstanding as of the September 18, 2026 record date, the board recommends FOR the proposals, the board would have up to 12 months after approval to implement the split, fractional shares would be rounded up to whole shares, and authorized shares would remain at 600,000,000 (increasing authorized-but-unissued shares).

TGL insiders to buy ~$1.2M in private placement; closing expected Dec 4, 2026

Treasure Global said three executive directors have agreed to subscribe for roughly US$1.2M of common stock in a private placement (about US$400k each). The company expects the issuance to close on December 4, 2026 subject to customary closing conditions and regulatory requirements; price and share count were not disclosed and the securities will be issued under exemptions from U.S. registration. Timing: Same-day dilution is possible, but the press release does not provide a firm first-dilution date.

Treasure Global Signs MOU to Expand Medical Supply and Pharmaceutical Distribution Across Southeast Asia

Treasure Global unit signs MOU to build AI trading bot for real-world assets

Tadaa Capital, a subsidiary of Treasure Global (TGL), signed a memorandum of understanding with RWA Management to jointly develop an AI-powered trading bot for real-world assets (stocks, commodities, corporate bonds) that would combine Anthropic’s AI with Moniq market intelligence and be integrated into the OXI ecosystem. The initiative aims to expand OXI from payments into AI-enabled investment tech and tokenized assets and could create a new revenue stream for Tadaa, but the MOU is non-binding, subject to definitive agreements, regulatory/licensing approvals and no financial terms were disclosed.

Treasure Global (TGL) prelim FY2026 revenue +122% to $5.17M; loss narrows to $11.1M

Treasure Global reported preliminary unaudited FY2026 revenue of ~$5.17M, up about 122% year-over-year, driven by higher product and loyalty program sales and quarter-over-quarter momentum that reached ~$2.41M in Q4. Preliminary net loss narrowed ~53% to ~$11.1M, which management attributes to operational optimization and the absence of certain prior-year non-cash charges; all figures are unaudited and subject to finalization in the Form 10-K.

TGL signs MOU to buy 51% of Malaysian smart water-meter firm for $38M

Treasure Global (TGL) signed a non-binding MOU to acquire a 51% controlling stake in Malaysia’s Mestiz Century Logic for US$38 million, with a 120-day exclusivity period to complete due diligence and negotiate a definitive agreement; closing remains subject to due diligence, regulatory and board approvals. If completed, the deal would give TGL entry into smart utility infrastructure via MCL’s cloud-, IoT- and AI-enabled water meters and management platform (company claims up to 4x accuracy), providing exposure to a smart water meter market the company cites as growing from ~$6.0B in 2026 to ~$14.7B by 2034.

Treasure Global unit Tadaa to provide AI tech for proposed 360 MW, 1,000-acre solar farm under 25-year data‑centre supply deal

Treasure Global's subsidiary Tadaa Technology has partnered with Kainan to supply AI-enabled IoT, energy management, monitoring and analytics for a proposed US$367M, ~1,000-acre solar farm with planned 360 MW capacity intended to supply a data centre under a 25-year power arrangement; Tadaa targets about US$7.3M in annual technology revenue upon full deployment. The project marks Tadaa's move into large-scale renewable-energy tech and could create a reference case for further Southeast Asia expansion, but the development, financing, permitting and commercial execution remain contingent and the revenue is projected rather than guaranteed.

Treasure Global subsidiary wins US$52M Malaysian government partnership to deploy AI agri supply‑chain platform

Treasure Global (NASDAQ: TGL) said subsidiary Tadaa Technology secured a US$52 million strategic partnership with E Agro Digital to develop and deploy EzyTrace — an AI/IoT/GPS-powered supply-chain and precision-ag platform for Malaysia’s Ministry of Agriculture, with revenue expected to begin in Q4 2027. The platform offers real-time inventory tracking, automated reconciliation and crop-health analytics; the company says the deployment could serve as a reference to pursue 2–3 additional government contracts in the next 12–24 months, though delivery and adoption remain contingent on technical integration and procurement approvals.

TGL signs $2.0M software deal that may be paid in TGL shares per milestones

TREASURE GLOBAL INC filed SEC Form 8-K. Key supply impact: the $2.0M Software Enhancement Agreement allows Treasure Global to pay the vendor in cash, shares, or a cash/share mix at TGL's sole discretion tied to milestone payments, creating potential future dilution and resale overhang if shares are issued. No share counts, pricing, issuance mechanics, or immediate share issuance are disclosed, so any dilution timing and magnitude are uncertain and gated by milestone payments/company election. Separately, TADAA (a subsidiary) terminated a prior RM11.7M contract with Apexcode and waived a RM3.9M refundable deposit that had been paid.

Treasure Global unit acquires Cigar Secret to build AI-powered premium lifestyle membership platform

Treasure Global’s wholly owned subsidiary Tadaa Capital acquired Cigar Secret, a premium lifestyle membership business that includes an app, member lounges and cigar retail operations, and will migrate the membership app into an AI-powered lifestyle platform. The company says it will leverage its 2.71M ZCITY users to drive adoption, targets 20 outlets and 20,000 active members by 2031 and is modeling roughly $12M annual revenue by 2031 — milestones that are forward-looking and depend on execution, partnerships and regulatory factors.

TGL secures access to Canadian MSB registration to accelerate Oxi Wallet expansion

Treasure Global (TGL) said it has secured access to a Canadian Money Services Business (MSB) registration for its Oxi Wallet, a regulatory milestone intended to enable regulated fund movement and expanded fintech services. The company plans to accelerate commercialization and Asia‐Pacific rollouts with planned features like cross‐border payments, remittances, FX and fiat/crypto conversion, though no launch timing or revenue impact was provided.

Treasure Global secures access to Canadian MSB registration to scale OXI Wallet

Treasure Global (TGL) announced it has secured access to a Canadian Money Services Business (MSB) registration to support OXI Wallet operating as a regulated digital financial platform and enable regulated fund movement in Canada. The company said it will accelerate commercialization and expand across Asia‐Pacific with features like cross‐border payments, remittances, FX, stablecoin settlement and fiat/crypto conversion; it provided no timelines or financial targets. TGL also highlighted its ZCITY super app with 2.71M registered users as a potential distribution channel for OXI Wallet.

Treasure Global unit wins exclusive Malaysia gov't distribution deal for AI ZYGY social-listening platform

Treasure Global’s subsidiary Tadaa signed an exclusive distribution and maintenance agreement with Nervesis to commercialize, deploy, train on and support the ZYGY AI-powered social listening platform for government-sector clients across Malaysia. The deal gives Tadaa exclusive government-sector rights and a pathway to recurring revenue from subscriptions, implementation and maintenance while Nervesis continues to own platform development; no financial terms were disclosed.

TGL wins US$15M contract to build enterprise Social Listening AI platform

Treasure Global (TGL) said it secured a US$15 million contract from Creative World Industries to develop and deploy an enterprise-grade Social Listening AI system using LLMs and NVIDIA-powered GPU infrastructure. The deal shifts the company toward higher-value enterprise AI revenue, and Treasure expects follow-on deployments, licensing and recurring service opportunities from this reference implementation.

Treasure Global wins US$15M contract to build enterprise Social Listening AI

Treasure Global (TGL) said it was awarded a US$15 million contract by Creative World Industries to develop and deploy an enterprise-grade Social Listening AI system, signaling a push into higher-value AI-driven enterprise revenue. The platform leverages LLMs, ML and NVIDIA GPU infrastructure for real-time sentiment, trend detection and analytics, and the company says the engagement could generate follow-on deployments, licensing and recurring services, though the release does not disclose timing or revenue recognition details.

Treasure Global (TGL) says FY2026 revenue expected to rise >100% YoY

Treasure Global (TGL) provided a preliminary FY2026 outlook saying revenue is expected to increase by more than 100% year-over-year, driven by expansion of its ZCITY super app, merchant adoption, and fintech initiatives, and said it has strengthened its balance sheet via strategic financing and operational optimization. The company reported 2.71 million registered ZCITY users and highlighted investments in digital wallet/exchange infrastructure, AI, and stablecoin-based treasury arrangements; the figures are preliminary pending the company’s Form 10‐K and remain subject to execution and regulatory risks.

Treasure Global (TGL) forecasts FY2026 revenue growth >100% YoY

Treasure Global (TGL) expects fiscal 2026 revenue to increase by more than 100% year-over-year, citing expansion of its ZCITY super app ecosystem and increased merchant adoption across Southeast Asia. Management says the company has strengthened its balance sheet via strategic financings and operational optimization, noted 2.71M registered ZCITY users, and flagged ongoing fintech, AI and stablecoin-based treasury initiatives; the outlook is preliminary and provided ahead of its Form 10-K filing.