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Treasure Global Signs MOU to Expand Medical Supply and Pharmaceutical Distribution Across Southeast Asia

$TGLPress releaseOct 13, 2026, 11:00 AM ETRead the release

Treasure Global signed a non-binding MOU with Singapore-based Union Concept Trading to collaborate on sourcing and distribution of medical and pharmaceutical products across Malaysia and selected regional markets. The agreement includes a six-month exclusivity period, but commercial terms remain subject to definitive agreements that have not yet been negotiated.

Key figures

Mou binding
No
Exclusivity period
six months
Zcity registered users
2.71 million
Malaysia pharma market 2027
RM15.5 billion
Sea medical device market 2028
US$15.8 billion
Malaysia medical device market 2028
US$4.5 billion

AI analysis

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