Treasure Global names acting CEO after resignation

Treasure Global Inc. reported that Chief Executive Officer Carlson Thow resigned from his CEO role effective March 31, 2026, while remaining on the Board of Directors.

Rhea-AI Filing Summary

Treasure Global Inc. reported that Chief Executive Officer Carlson Thow resigned from his CEO role effective March 31, 2026, while remaining on the Board of Directors. The company promoted Chong Chan “Sam” Teo to Acting Chief Executive Officer, effective April 1, 2026.

Mr. Teo currently serves as Executive Director and Head of Operations and previously served as the Company’s Chief Executive Officer from July 2020 to June 2024. In connection with his promotion, he will receive an adjusted monthly salary of RM 22,000.

Insights

Corporate governance analyst

CEO resigns; experienced internal leader steps in as acting CEO.

The company disclosed that CEO Carlson Thow resigned his executive role effective March 31, 2026, but will remain on the Board. This preserves his strategic input while shifting day-to-day leadership. Such transitions can affect continuity but are mitigated when board involvement continues.

Chong Chan “Sam” Teo becomes Acting CEO from April 1, 2026. He previously served as CEO from July 2020 to June 2024 and is currently Executive Director and Head of Operations, suggesting familiarity with the business and existing strategy. His adjusted monthly salary is RM 22,000, indicating a defined compensation structure for the interim role.

The filing emphasizes Mr. Teo’s prior leadership across fintech, e-commerce, and technology ventures, positioning him as an experienced interim leader. Subsequent disclosures may clarify whether this role remains temporary or transitions into a permanent appointment and whether any broader strategic shifts accompany the leadership change.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

CEO resignation effective date: March 31, 2026 Acting CEO start date: April 1, 2026 Acting CEO monthly salary: RM 22,000 +1 more

4 metrics

CEO resignation effective date March 31, 2026 Effective date of Carlson Thow’s resignation as CEO

Acting CEO start date April 1, 2026 Effective date of Chong Chan “Sam” Teo’s appointment

Acting CEO monthly salary RM 22,000 Adjusted monthly salary for Sam Teo as Acting CEO

Former CEO tenure July 2020 to June 2024 Period Sam Teo previously served as CEO

Key Terms

Acting Chief Executive Officer, Board of Directors, Emerging growth company, Executive Director and Head of Operations

4 terms

Acting Chief Executive Officer financial

"Mr. Chong Chan Teo was promoted to the Acting Chief Executive Officer of the Company"

Board of Directors financial

"Mr. Thow will remain as a member of the Company’s Board of Directors"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

Emerging growth company regulatory

"Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Executive Director and Head of Operations financial

"Sam Teo is currently serving as the Executive Director and Head of Operations of the Company"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why did Treasure Global Inc. (TGL) file this 8-K on March 31, 2026?

Treasure Global filed this 8-K to disclose a major leadership change: Chief Executive Officer Carlson Thow resigned his CEO role effective March 31, 2026, and remains on the Board. The filing also announces the promotion of Chong Chan “Sam” Teo to Acting CEO.

Who resigned as CEO of Treasure Global Inc. (TGL) and when was it effective?

Carlson Thow resigned as Chief Executive Officer of Treasure Global Inc., with his resignation immediately effective on March 31, 2026. Although he stepped down from the CEO position, he will continue to serve as a member of the company’s Board of Directors.

Who is the new Acting CEO of Treasure Global Inc. (TGL)?

Treasure Global promoted Chong Chan “Sam” Teo to Acting Chief Executive Officer, effective April 1, 2026. He was previously Executive Director and Head of Operations and also served as CEO from July 2020 to June 2024, giving him prior top-level leadership experience at the company.

What is the compensation for Treasure Global’s Acting CEO Sam Teo?

In connection with his promotion to Acting Chief Executive Officer, Chong Chan “Sam” Teo will receive an adjusted monthly salary of RM 22,000. This figure reflects his compensation for the expanded responsibilities associated with leading Treasure Global during this acting CEO period.

Does former CEO Carlson Thow still have a role at Treasure Global Inc. (TGL)?

Yes. Although Carlson Thow resigned as Chief Executive Officer effective March 31, 2026, he will remain on Treasure Global’s Board of Directors. This allows him to continue contributing to high-level oversight and strategic decision-making without holding the day-to-day executive role.

What prior experience does Acting CEO Sam Teo bring to Treasure Global Inc. (TGL)?

Acting CEO Chong Chan “Sam” Teo brings experience as former CEO of Treasure Global from July 2020 to June 2024, as well as roles such as Director of Business Development at ZCITY and Managing Director of Modes Cube Sdn Bhd, focused on strategy and digital business growth.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/06/2026 - 04:05 PM Learn about SEC filing dates

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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):
March 31, 2026

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 March 31, 2026, Mr. Carlson Thow informed Treasure Global Inc. (the “Company”) of his resignation as Chief Executive Officer, which was immediately effective. Mr. Thow will remain as a member of the Company’s Board of Directors.

On March 31, 2026, Mr. Chong Chan Teo was promoted to the Acting Chief Executive Officer of the Company, effective as of April 1, 2026.

Mr. Chong Chan “Sam” Teo is currently serving as the Executive Director and Head of Operations of the Company, bringing extensive leadership experience across fintech, e-commerce, and high-growth technology ventures. From July 2020 to June 2024, Mr. Teo served as the Chief Executive Officer of the Company. Mr. Teo is a seasoned corporate strategist known for building high-performance teams and driving organizational innovation. His career includes key leadership roles such as former CEO of the Company, Director of Business Development at ZCITY, and Managing Director of Modes Cube Sdn Bhd. Across these positions, he led strategic planning, business development, capital budgeting, and operational optimization to scale multiple digital-first businesses. Mr. Teo earned a Bachelor’s Degree in Quantity Surveying from Sheffield Hallam University and a Diploma in Quantity Surveying from Tunku Abdul Rahman College.

In connection with his promotion as the Acting Chief Executive Officer, Mr. Teo will be entitled to an adjusted monthly salary of RM 22,000.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

Exhibit		Description
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

1

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: April 6, 2026	TREASURE GLOBAL INC.
	By:	/s/ Pusparajan a/l Vadiveloo
	Name:	Pusparajan a/l Vadiveloo
	Title:	Chief Financial Officer

2

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL SCHEMA FILE 3.0 KB
• EX-101 XBRL LABEL FILE 33.4 KB
• EX-101 XBRL PRESENTATION FILE 21.8 KB