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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d)
OF
THE SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): September 26, 2025
TREASURE
GLOBAL INC
(Exact
name of registrant as specified in its charter)
| Delaware |
|
001-41476 |
|
36-4965082 |
(State or other jurisdiction
of Incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification Number) |
276
5th Avenue, Suite 704 #739
New York, New York |
|
10001 |
| (Address of registrant’s
principal executive office) |
|
(Zip code) |
+6012
643 7688
(Registrant’s
telephone number, including area code)
Not
Applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
| ☐ |
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ |
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ |
Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ |
Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
symbol(s) |
|
Name
of each exchange on which registered |
| Common Stock, par value
$0.00001 per share |
|
TGL |
|
The Nasdaq Stock Market
LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
On
September 26, 2025, the board of directors (the “Board”) of Treasure Global Inc (the “Company”) appointed Chan
Meng Chun, aged 53, as the Company’s Executive Director, effective September 26, 2025. Mr. Chan Meng Chun previously served as
the Company’s Chief Financial Officer and Financial Controller. 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 it advances its growth and
profitability initiatives.
From
May 2022 to September 2022, he was the Chief Financial Officer for Ikhasas Group of companies handling overall corporate finance including
potential IPO, fund raising, banking, tax and accounts. From January 2022 to May 2022, he was the Head of Group Treasury for Sime Darby
Plantation Bhd, a public listed company in palm oil upstream and downstream. At Sime Darby Mr. Chan Meng Chun managed group cashflow,
including banking facilities, worked on group inter-company reconciliations, financial reports and budget and cashflow plans. From July
2020 to February 2021, Mr. Chan, Meng Chun served as Group Deputy CEO/Group Chief Financial Officer for Smart Glove Holding Sdn Bhd,
a Malaysia company that manufactures and export gloves globally. At Smart Glove, Mr. Chan Meng Chun helped the company reorganize and
prepare for a potential initial public offering, was involved with financial planning, analysis and treasury among other things. From
November 2015 to June 2020 Mr. Chan Meng Chun served as Chief Financial Officer for TS Global Network Sdn Bhd, a member company of PT
Telkom Indonesia. At TS Global, Mr. Chan Meng Chun completed restructuring and turnaround of cashflow, lead successful adoption of MFRS
standards. Prior to this from April 2013 to November 2015, he was a Chief Financial Officer for a public listed company, Pasukhas Group
Bhd. He was with Carimin Group of Companies from May 2000 to Aug 2012 before leaving as Group Financial Controller.
Mr.
Chan Meng Chun received his Advance Diploma in Accounting from Institute of Financial Accountants (United Kingdom) in 2007 and a Master’s
Degree in Finance and Accounting from University of Wales in 2014. Mr Chan Meng Chun is a fellow member of the Institute of Public Accountants
(Australia) and fellow member of the Institute of Financial Accountants (United Kingdom).
Mr.
Chan Meng Chun and the Company entered into an executive employment agreement dated as of September 26, 2025 (the “Agreement”),
pursuant to which Mr. Chan Meng Chun was appointed as the executive director of the Company, effective as of September 26, 2025. Mr.
Chan Meng Chun is entitled to receive a total of $120,000 worth of shares of common stock of the Company on an annual basis, issued prorated
on a monthly basis, calculated based on the Volume Weighted Average Price (VWAP) of the Company’s shares for the respective month
of issuance.
In
addition, Mr. Chan Meng Chun is entitled to receive an aggregate of 199,912 shares of common stock upon completion of three (3) months
of services with the Company, subject to applicable vesting schedules and other restrictions, in accordance with the Company’s
equity compensation plan. During the term of the Agreement, either party may terminate the Agreement by providing one hundred twenty
(120) days’ written. For a period of six (6) months following termination, Mr. Chan Meng Chun shall not be (unless with the approval
of Board), either alone or in association or partnership with or as an employee, principal, agent, director, manager, member, shareholder,
unit-holder, beneficiary or trustee of, as a consultant or adviser to any person or otherwise, or directly or indirectly engaged or concerned
with or interested in any other business which is in any respect in competition with or similar to any part of the business carried out
by the Company.
The
foregoing summary of the Agreement does not purport to be complete and is subject to, and qualified in its entirety by, a form of which
is attached as Exhibit 10.1 to this Current Report on Form 8-K, which is incorporated herein by reference.
Item
9.01. Financial Statement and Exhibits.
(d)
Exhibits.
| Exhibit
No. |
|
Description |
| 10.1 |
|
Form of Executive Employment Agreement |
| 104 |
|
Cover Page Interactive
Data File (embedded with the Inline XBRL document) |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
| Date: September 26, 2025 |
TREASURE
GLOBAL INC. |
| |
|
|
| |
By: |
/s/
Carlson Thow |
| |
Name: |
Carlson Thow |
| |
Title: |
Chief Executive Officer |
