Treasure Global Appoints Michael Chan as Executive Director to Strengthen Board and Drive Strategic Growth
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), fornitore malaysiano di soluzioni tecnologiche, ha nominato Michael Chan come Direttore Esecutivo nel proprio Consiglio di Amministrazione. Chan, che in passato ha ricoperto la carica di Chief Financial Officer dell’azienda, ritorna per rafforzare la governance e fornire orientamenti strategici per le iniziative di crescita dell’azienda.
La nomina rafforza l’impegno di TGL verso una governance solida e una leadership strategica. L’azienda gestisce la ZCITY Super App, che ha attratto oltre 2,7 milioni di utenti registrati a marzo 2025, integrando soluzioni di pagamento elettronico con programmi di fidelizzazione per un’esperienza fluida dall’online all’offline.
Treasure Global (NASDAQ: TGL), un proveedor malayo de soluciones tecnológicas, ha nombrado a Michael Chan como Director Ejecutivo de su Junta Directiva. Chan, que anteriormente se desempeñó como Director Financiero de la empresa, regresa para fortalecer la gobernanza y ofrecer orientación estratégica para las iniciativas de crecimiento de la compañía.
El nombramiento refuerza el compromiso de TGL con una gobernanza sólida y un liderazgo estratégico. La empresa opera la ZCITY Super App, que ha atraído a más de 2,7 millones de usuarios registrados para marzo de 2025, integrando soluciones de pago electrónico con programas de fidelización para una experiencia fluida de online a offline.
Treasure Global (NASDAQ: TGL)은 말레이시아의 기술 솔루션 제공업체로 이사회에 Michael Chan를 이사로 임명했습니다. 이전에 회사의 최고재무책임자(CFO)로 재직했던 Chan은 거버넌스를 강화하고 회사의 성장 이니셔티브를 위한 전략적 지침을 제공하기 위해 복귀합니다.
이번 임명은 TGL의 강력한 거버넌스 및 전략적 리더십에 대한 약속을 재확인합니다. 회사가 운영하는 ZCITY Super App은 2025년 3월 기준 270만 명이 넘는 등록 사용자를 확보했으며, 전자결제 솔루션과 고객 충성도 보상을 통합하여 온라인에서 오프라인으로의 원활한 경험을 제공합니다.
Treasure Global (NASDAQ : TGL), fournisseur malaisien de solutions technologiques, a nommé Michael Chan comme administrateur exécutif du conseil d’administration. Chan, qui occupait auparavant le poste de directeur financier de l’entreprise, revient pour renforcer la gouvernance et apporter des orientations stratégiques pour les initiatives de croissance de la société.
Cette nomination renforce l’engagement de TGL envers une gouvernance solide et un leadership stratégique. L’entreprise exploite la ZCITY Super App, qui a attiré plus de 2,7 millions d’utilisateurs enregistrés en mars 2025, en intégrant des solutions de paiement électroniques avec des programmes de fidélité pour une expérience fluide de l’online à l’offline.
Treasure Global (NASDAQ: TGL), ein malaysischer Anbieter von Technologielösungen, hat Michael Chan zum Executive Director im Vorstand ernannt. Chan war zuvor Chief Financial Officer des Unternehmens und kehrt zurück, um die Governance zu stärken und strategische Leitlinien für die Wachstumsinitiativen des Unternehmens zu geben.
Diese Ernennung bekräftigt TGLs Engagement für robuste Governance und strategische Führung. Das Unternehmen betreibt die ZCITY Super App, die bis März 2025 über 2,7 Millionen registrierte Nutzer angezogen hat und elektronische Zahlungsmöglichkeiten mit Kundentreuebelohnungen integriert, um eine nahtlose Online-zu-Offline-Erfahrung zu ermöglichen.
Treasure Global (NASDAQ: TGL)، مزود حلول تقنية من ماليزيا، قد عيّن Michael Chan كعضو مدير تنفيذي في مجلس الإدارة. تشان، الذي كان يشغل سابقاً منصب المدير المالي للشركة، يعود لتعزيز الحوكمة وتقديم توجيهات استراتيجية لمبادرات نمو الشركة.
هذه التعيين يعزز التزام TGL بحوكمة قوية وقيادة استراتيجية. تشغل الشركة تطبيق ZCITY Super App، الذي اجتذب أكثر من 2,7 مليون مستخدم مسجّل حتى مارس 2025، مع دمج حلول الدفع الإلكتروني ومكافآت ولاء العملاء لتجربة سلسة من الإنترنت إلى الواقع.
Treasure Global (NASDAQ: TGL)，马来西亚科技解决方案提供商，已任命 Michael Chan 为董事会执行董事。Chan 先前担任公司首席财务官，现回归以加强治理并为公司的增长计划提供战略指导。
此次任命巩固了 TGL 对稳健治理与战略领导的承诺。公司运营的 ZCITY Super App 户已在2025年3月达到超过 270万名注册用户，通过将电子支付解决方案与客户忠诚度奖励整合，提供无缝的线上到线下体验。
- Appointment of former CFO brings valuable financial expertise and business knowledge to the Board
- ZCITY Super App has achieved significant user base with 2.7 million registered users
- Strategic move strengthens corporate governance and leadership continuity
- No specific financial metrics or growth targets provided
- Company still working towards achieving sustainable profitability
KUALA LUMPUR, Malaysia, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a Southeast Asia–anchored technology company, today announced the appointment of Michael Chan as an Executive Director of its Board of Directors, effective immediately.
Michael previously served as Chief Financial Officer of Treasure Global, where he contributed to key financial and strategic initiatives, including capital management and operational optimization. After a period of personal pursuits, he has been invited to rejoin the Company’s leadership at the Board level to strengthen governance and provide strategic guidance as Treasure Global advances its growth and profitability initiatives.
Carlson Thow, Chief Executive Officer of Treasure Global, said, “We are pleased to welcome Michael back to the Board. His return strengthens our governance framework and provides continuity as I lead the Company toward sustainable profitability and long-term value creation. Michael’s deep knowledge of our business and financial expertise will be invaluable as we execute our strategy, enhance operational excellence, and position TGL for sustainable growth.”
Michael commented, "I am honored to rejoin TGL as a Board member. I look forward to supporting the management team and my fellow directors in delivering on strategic objectives and creating sustainable shareholder value."
The appointment underscores TGL’s commitment to strong governance, Board continuity, and strategic leadership, ensuring that the Company is well-positioned to capitalize on growth opportunities and deliver long-term value for its investors.
About Treasure Global
Treasure Global is a Malaysia-based technology solutions provider specializing in innovative platforms that drive digital transformation in retail and services. The Company’s flagship product is the ZCITY Super App, which integrates e-payment solutions with customer loyalty rewards to create a seamless online-to-offline user experience. As of March 2025, ZCITY has attracted over 2.7 million registered users, positioning Treasure Global as a key player in Malaysia’s digital economy. Treasure Global continuously leverages cutting-edge technologies, including artificial intelligence and data analytics, to enhance its platform’s capabilities across e-commerce, fintech, and other verticals.
Visit treasureglobal.org for more information.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements reflect the Company’s current expectations, assumptions, and projections about future events and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking statements typically include terminology such as “anticipates,” “believes,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “will,” or similar expressions.
Factors that could cause actual results to differ materially include, without limitation, the Company’s ability to expand its e-commerce platform and F&B distribution business, customer acceptance of new products and services, changes in economic conditions affecting its operations, the outcome of partnership discussions, the impact of global health crises, supply chain disruptions, competition, and regulatory risks related to data privacy and security. Additional risks include volatility in digital asset markets, potential vulnerabilities in custodial security, and evolving global and domestic regulatory frameworks applicable to blockchain technologies. These risks, along with other factors, are discussed in more detail in the Company’s filings with the U.S. Securities and Exchange Commission.
The forward-looking statements in this press release speak only as of the date hereof. The Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
CONTACT
Investor and media contact:
Investor Relations Team
Treasure Global Inc.
ir_us@treasureglobal.org
FAQ
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