Treasure Global Inc. Common Stock
TGLTreasure Global Inc. (TGL) is a company focused on e-commerce and digital marketing services, primarily operating in the Southeast Asian market. It specializes in online retail, platform management, and logistics solutions, aiming to bridge international brands with consumers in the region. TGL leverages technology and strategic partnerships to expand digital commerce opportunities across various markets.
Company News
Treasure Global completed a registered direct offering, raising $2,500,000 by selling 250,000 shares of common stock to institutional investors, with D. Boral Capital LLC acting as the exclusive placement agent.
Treasure Global has acquired Quarters Elite, a Malaysian financial advisory firm managing USD 150 million in client assets, to strengthen its OXI Wallet commercialization strategy and expand user acquisition across Southeast Asia.
Treasure Global granted inducement equity awards of USD 60,000 each to two employees, Boon Souw Fung and Tan Ee Wei, as part of their retention strategy, with awards vesting after 24 months of continuous employment.
Treasure Global has appointed Michael Chan as an Executive Director, returning to the Board after previously serving as CFO. The appointment aims to strengthen governance and provide strategic guidance for the company's growth initiatives.
Treasure Global, a leading e-commerce platform operator, announced the launch of a US$100 million digital asset treasury initiative to strengthen its digital infrastructure and support the rollout of its AI-powered consumer intelligence platform.
