Welcome to our dedicated page for Treasure Global news (Ticker: TGL), a resource for investors and traders seeking the latest updates and insights on Treasure Global stock.
Treasure Global Inc. (NASDAQ: TGL) is a Malaysia-based technology solutions provider that focuses on digital platforms for retail, services, fintech, and digital assets. News about Treasure Global often centers on the development and commercialization of its ZCITY Super App, its OXI Wallet digital asset platform, and its broader fintech and real-world asset tokenization strategy in Southeast Asia.
Company updates highlight operational and strategic milestones, such as user growth on the ZCITY platform, progress on OXI Wallet, and the UNIRWA real-world asset token initiative managed through subsidiary Tadaa Technologies. News releases also cover corporate transactions, including the acquisition of Quarters Elite Advisory Sdn. Bhd., which adds a nationwide financial advisory network intended to support distribution of OXI Wallet and digital asset products.
Investors following TGL news will see frequent coverage of capital markets activity, including registered direct offerings of common stock under a shelf registration statement, the conclusion of an equity line facility, and voluntary lock-up agreements by major shareholders. Regulatory and listing-related developments, such as the company’s 1-for-20 reverse stock split and its subsequent regaining of compliance with Nasdaq’s minimum bid price requirement, are also documented through press releases and Form 8-K filings.
Operational news extends to service and consultancy agreements related to digital currency wallet and exchange platform services, management consultancy, and marketing support, as well as technology purchases such as an AI server. Together, these disclosures provide insight into how Treasure Global is building its fintech and digital-asset ecosystem around ZCITY, OXI Wallet, UNIRWA tokens, and the Quarters Elite advisory network. This news page allows readers to track these developments, capital structure changes, and governance updates over time.
Treasure Global (NASDAQ: TGL) entered a Subscription Agreement dated October 7, 2025, raising USD 400,000 via issuance of 344,828 new ordinary shares at USD 1.16 per share. Two Malaysian investors — Executive Director Chan Meng Chun and investor Chuah Su Chen — each subscribed for 172,414 shares for USD 200,000 each.
Proceeds are earmarked to strengthen working capital, accelerate platform development, and support expansion initiatives for the ZCITY Super App, which had over 2.7 million registered users as of March 2025. All shares are issued as restricted securities subject to Rule 144 resale limitations and applicable laws.
Treasure Global (NASDAQ: TGL), a Malaysian technology solutions provider, has filed Form 12b-25 to extend the submission deadline of its Annual Report on Form 10-K for the fiscal year ended June 30, 2025. The company requires additional time to complete audit procedures for certain fiscal year-end accounts.
The company expects to file Form 10-K by October 15, 2025, within the prescribed SEC extension period. Treasure Global operates the ZCITY Super App, which combines e-payment solutions with loyalty rewards, and has accumulated over 2.7 million registered users as of March 2025.
Treasure Global (NASDAQ: TGL), a Malaysian technology solutions provider, has appointed Michael Chan as Executive Director to its Board of Directors. Chan, who previously served as the company's Chief Financial Officer, returns to strengthen governance and provide strategic guidance for the company's growth initiatives.
The appointment reinforces TGL's commitment to robust governance and strategic leadership. The company operates the ZCITY Super App, which has attracted over 2.7 million registered users as of March 2025, integrating e-payment solutions with customer loyalty rewards for a seamless online-to-offline experience.
Treasure Global (NASDAQ: TGL) has received a AUD 300,000 purchase order from I Synergy Group Limited (ASX: IS3) for high-performance GPUs and AI software. This marks the first milestone under their Sale and Purchase Agreement signed on August 14, 2025.
The order supports I Synergy's AI-enabled blockchain and cloud platform development, aligning with TGL's AI cloud infrastructure strategy launched in March 2025. The infrastructure will enable AI model training, blockchain applications, and GPU-as-a-Service offerings, reducing dependence on third-party cloud providers.
This development positions both companies to capitalize on the Asia-Pacific blockchain market, projected to exceed US$35 billion by 2030.
Treasure Global (NASDAQ: TGL) has signed a Memorandum of Understanding (MoU) with iSynergy Group Limited (ASX: IS3) to jointly develop and commercialize AI cloud infrastructure across Southeast Asia. The strategic partnership will focus on developing AI-powered cloud solutions for enterprises, SMEs, and public sector entities, leveraging advanced GPU technology.
The collaboration builds on TGL's March 2025 commitment to establish a sovereign-grade AI cloud platform in Malaysia, integrating with iSynergy's blockchain platforms including WYDE and Ledgers Lab. The partnership targets the global AI cloud infrastructure market, projected to exceed $60 billion by 2025, with a CAGR of 26.6% through 2034. The Asia-Pacific blockchain market is expected to grow from $4.5 billion in 2023 to over $35 billion by 2030.
Treasure Global Inc. (NASDAQ: TGL) announced a strategic partnership between its subsidiary Tien Ming Distribution and logistics solutions provider Taxieco to enhance grocery delivery services across Malaysia. The collaboration will integrate Taxieco's IoT technologies, including GPS-enabled T-boxes and real-time data solutions, into Tien Ming's TMGrocer platform.
According to market data, Malaysia's grocery delivery market is projected to reach US$2.50 billion in 2025 and grow to US$4.03 billion by 2030, with a CAGR of 9.9%. The partnership aims to improve operational efficiency and support small business growth through enhanced logistics infrastructure and real-time tracking capabilities.
Revenue decreased 58% YoY to $0.67 million but increased 121% QoQ. Gross profit grew 41% YoY to $0.49 million, with margins expanding to 73% from 14%. The company achieved net income of $1.26 million, reversing a $1.71 million loss from the prior year, including a $1.78 million non-cash gain from derivative liabilities revaluation.
TGL is executing a strategic transformation focusing on high-margin operations, including new enterprise software development services through a partnership with Reveillon Group. The company also plans to acquire a 51% stake in Tien Ming Distribution to enhance supply chain capabilities and is launching a digital coupon platform with Mezzofy in Malaysia.
Treasure Global (NASDAQ: TGL) has secured exclusive distribution rights for Mezzofy's digital coupon platform in Malaysia. The partnership targets USD2-4 million in recurring annual revenue within the first year of rollout.
Mezzofy's cloud-based 'Coupon-as-a-Service' (CaaS) platform has processed over USD40 billion in digital coupon transactions across 15 markets as of 2024, serving major merchants including Starbucks Hong Kong and Sa Sa International. The platform enables instant digital coupon creation and management without infrastructure investment.
The global digital coupon market is projected to reach USD41 billion by 2033, with a CAGR of 18.33% from 2025 to 2033, driven by smartphone adoption and e-commerce growth.