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TREASURE GLOBAL INC (TGL) Form 8-K — Oct 19, 2026

$TGLForm 8-KItems 1.01, 3.02, 9.01Filed Oct 19, 2026, 5:25 PM ET0001213900-26-110755Original filing

Treasure Global Inc disclosed that on October 16, 2026 it entered into a Shares Sale Agreement under which Tadaa Capital Sdn. Bhd. will acquire 100% of Platinum Recognition Sdn. Bhd., the Malaysian operator of the De Elements Business Hotel Kuala Lumpur, for RM2.4 million from four individual vendors.

Key figures

Deposit rm
RM240,000 (10%)
Non compete
5 years post-completion (Kuala Lumpur and Selangor)
Target ownership
100% of PRSB (400,000 shares held by 4 vendors)
Late payment interest
8% per annum
Escrow share restriction
6 months
Escrow realisation period
8 months
Purchase consideration rm
RM2,400,000
Balance purchase consideration rm
RM2,160,000 (90%)

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.