TREASURE GLOBAL INC (TGL) Form 8-K — Sep 14, 2026
Treasure Global Inc (Nasdaq: TGL) entered into a Software Development Agreement with Malaysia-based Mestiz Technology Sdn Bhd on September 11, 2026, per an 8-K filed September 14, 2026 under Items 1.01, 3.02 and 9.01. Mestiz Tech will design, develop, integrate and implement a centralized Microsoft Power BI business intelligence platform spanning TGL's three business environments — lifestyle membership and retail, loyalty and digital ecosystem, and digital wallet and fintech — under a one-year non-exclusive engagement governed by Malaysian law.
Key figures
- Deal Value Usd
- 2000000
- Service fee
- $2,000,000 (US$2,000,000.00 Service Fee)
- Contract term
- 1 year from effective date, non-exclusive
- Payment forms
- cash, TGL shares, or combination at the Company's sole and absolute discretion per Appendix C
- Service credit
- 2% of applicable milestone payment per day of delay, capped at 10% of total Service Fees
- Uat window days
- 14
- Uat failure termination
- 3 consecutive UAT failures allow termination with full refund of Service Fees within 14 days
- Share restriction period
- 6 months from issuance, subject to Rule 144
- Business environments covered
- 3
- Implementation plan deadline days
- 14
AI analysis
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