{"id":893452,"date":"2025-10-07T16:06:39","date_gmt":"2025-10-07T20:06:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans\/"},"modified":"2025-10-07T16:06:39","modified_gmt":"2025-10-07T20:06:39","slug":"treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans\/","title":{"rendered":"Treasure Global Announces USD 400,000 Strategic Investment from Executive Director Chan Meng Chun and Investor Chuah Su Chen to Advance Expansion Plans"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">KUALA LUMPUR, Malaysia, Oct.  07, 2025  (GLOBE NEWSWIRE) &#8212; Treasure Global Inc. (NASDAQ: TGL) (\u201cTreasure Global\u201d or the \u201cCompany\u201d) today announced that it has entered into a Subscription Agreement with Malaysian investors Chan Meng Chun and Chuah Su Chen, raising USD 400,000 through a strategic equity investment. The participation of Executive Director Chan Meng Chun underscores insider confidence in Treasure Global\u2019s long-term growth strategy and outlook.<\/p>\n<p align=\"justify\">Chan Meng Chun, a respected industry veteran who recently assumed the role of Executive Director, and Chuah Su Chen, a strong advocate of Treasure Global\u2019s vision, have each subscribed for USD 200,000 worth of common shares in the Company.<\/p>\n<p align=\"justify\">Under the agreement, Treasure Global will issue a total of 344,828 new ordinary shares at an issuance price of USD 1.16 per share, distributed as follows:<\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">Chan Meng Chun: 172,414 shares (USD 200,000)<\/li>\n<li style=\"text-align:justify\">Chuah Su Chen: 172,414 shares (USD 200,000)<\/li>\n<\/ul>\n<p align=\"justify\">All shares issued under the Subscription Agreement are \u2018restricted securities,\u2019 as defined under the U.S. Securities Act of 1933, and are subject to the resale limitations of Rule 144 of the U.S. Securities and Exchange Commission, as well as other applicable securities laws, regulations, and Company policies.<\/p>\n<p align=\"justify\">The proceeds from this private placement will be strategically utilized to strengthen working capital, accelerate platform development, and support Treasure Global\u2019s ongoing expansion initiatives, further reinforcing the Company\u2019s growth trajectory.<\/p>\n<p align=\"justify\">\u201cThis investment reflects the continued confidence of our leadership and investors in Treasure Global\u2019s strategy and direction,\u201d said Carlson Thow, CEO of Treasure Global. \u201cWith fresh capital and strengthened alignment, we are positioned to execute the next phase of growth and deliver sustained value to our shareholders.\u201d<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>About Treasure Global<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>Treasure Global is a Malaysia-based technology solutions provider specializing in innovative platforms that drive digital transformation in retail and services. The Company\u2019s flagship product is the ZCITY Super App, which integrates e-payment solutions with customer loyalty rewards to create a seamless online-to-offline user experience. As of March 2025, ZCITY has attracted over 2.7 million registered users, positioning Treasure Global as a key player in Malaysia\u2019s digital economy. Treasure Global continuously leverages cutting-edge technologies, including artificial intelligence and data analytics, to enhance its platform\u2019s capabilities across e-commerce, fintech, and other verticals.<\/p>\n<p align=\"justify\">Visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=BSpM7LPZmGuAeEdZPsffo6sxAdVuHarLNH7hyB1QS1EXe6xNRQaU9tG-xRp1BdMw4ABk2TJFihFC9HDRSA8o5ZccmIR8_45y2ZiIA570iRs=\" rel=\"nofollow\" target=\"_blank\">treasureglobal.org<\/a> for more information.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>Forward-Looking Statements<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">\n        <em>This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements reflect the Company\u2019s current expectations, assumptions, and projections about future events and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking statements typically include terminology such as \u201canticipates,\u201d \u201cbelieves,\u201d \u201cexpects,\u201d \u201cintends,\u201d \u201cmay,\u201d \u201cplans,\u201d \u201cprojects,\u201d \u201cseeks,\u201d \u201cshould,\u201d \u201cwill,\u201d or similar expressions.<\/em>\n      <\/p>\n<p align=\"justify\">\n        <em>Factors that could cause actual results to differ materially include, without limitation, the Company\u2019s ability to expand its e-commerce platform and F&amp;B distribution business, customer acceptance of new products and services, changes in economic conditions affecting its operations, the outcome of partnership discussions, the impact of global health crises, supply chain disruptions, competition, and regulatory risks related to data privacy and security. Additional risks include volatility in digital asset markets, potential vulnerabilities in custodial security, and evolving global and domestic regulatory frameworks applicable to blockchain technologies. These risks, along with other factors, are discussed in more detail in the Company\u2019s filings with the U.S. Securities and Exchange\u00a0Commission.<\/em>\n      <\/p>\n<p align=\"justify\">\n        <em>The forward-looking statements in this press release speak only as of the date hereof. The Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.<\/em>\n      <\/p>\n<p align=\"justify\">\n        <strong>CONTACT<\/strong><br \/>\n        <br \/>\n        <strong>Investor and Media Contact:<\/strong><br \/>\n        <br \/>Investor Relations Team <br \/>Treasure Global Inc.<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=imPge69ZMeEhnoGisll2xtx03gCY-M7DLqushf3jZU9y6skNMndsWsUEnWtwjsiL2n8ocVaTUZDyjG9ZOXQVPMjxgcqDDpXfvcS8VMxOozB9paPbLxngwp2Fvc3wHpp_\" rel=\"nofollow\" target=\"_blank\">ir_us@treasureglobal.org<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU0MTI2MSM3MTgzMjQwIzIyNDc3ODg=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZDIyNDcwMmYtMTU5Mi00Mjc0LThmMzUtNmYxYzI4M2JhYjM3LTEyNTkzNDEtMjAyNS0xMC0wNy1lbg==\/tiny\/Treasure-Global-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, Malaysia, Oct. 07, 2025 (GLOBE NEWSWIRE) &#8212; Treasure Global Inc. (NASDAQ: TGL) (\u201cTreasure Global\u201d or the \u201cCompany\u201d) today announced that it has entered into a Subscription Agreement with Malaysian investors Chan Meng Chun and Chuah Su Chen, raising USD 400,000 through a strategic equity investment. The participation of Executive Director Chan Meng Chun underscores insider confidence in Treasure Global\u2019s long-term growth strategy and outlook. Chan Meng Chun, a respected industry veteran who recently assumed the role of Executive Director, and Chuah Su Chen, a strong advocate of Treasure Global\u2019s vision, have each subscribed for USD 200,000 worth of common shares in the Company. Under the agreement, Treasure Global will issue a total of 344,828 new ordinary shares at &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Treasure Global Announces USD 400,000 Strategic Investment from Executive Director Chan Meng Chun and Investor Chuah Su Chen to Advance Expansion Plans&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-893452","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Treasure Global Announces USD 400,000 Strategic Investment from Executive Director Chan Meng Chun and Investor Chuah Su Chen to Advance Expansion Plans - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Treasure Global Announces USD 400,000 Strategic Investment from Executive Director Chan Meng Chun and Investor Chuah Su Chen to Advance Expansion Plans - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"KUALA LUMPUR, Malaysia, Oct. 07, 2025 (GLOBE NEWSWIRE) &#8212; Treasure Global Inc. (NASDAQ: TGL) (\u201cTreasure Global\u201d or the \u201cCompany\u201d) today announced that it has entered into a Subscription Agreement with Malaysian investors Chan Meng Chun and Chuah Su Chen, raising USD 400,000 through a strategic equity investment. The participation of Executive Director Chan Meng Chun underscores insider confidence in Treasure Global\u2019s long-term growth strategy and outlook. Chan Meng Chun, a respected industry veteran who recently assumed the role of Executive Director, and Chuah Su Chen, a strong advocate of Treasure Global\u2019s vision, have each subscribed for USD 200,000 worth of common shares in the Company. Under the agreement, Treasure Global will issue a total of 344,828 new ordinary shares at &hellip; Continue reading &quot;Treasure Global Announces USD 400,000 Strategic Investment from Executive Director Chan Meng Chun and Investor Chuah Su Chen to Advance Expansion Plans&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-07T20:06:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU0MTI2MSM3MTgzMjQwIzIyNDc3ODg=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Treasure Global Announces USD 400,000 Strategic Investment from Executive Director Chan Meng Chun and Investor Chuah Su Chen to Advance Expansion Plans\",\"datePublished\":\"2025-10-07T20:06:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans\\\/\"},\"wordCount\":643,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTU0MTI2MSM3MTgzMjQwIzIyNDc3ODg=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans\\\/\",\"name\":\"Treasure Global Announces USD 400,000 Strategic Investment from Executive Director Chan Meng Chun and Investor Chuah Su Chen to Advance Expansion Plans - 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(NASDAQ: TGL) (\u201cTreasure Global\u201d or the \u201cCompany\u201d) today announced that it has entered into a Subscription Agreement with Malaysian investors Chan Meng Chun and Chuah Su Chen, raising USD 400,000 through a strategic equity investment. The participation of Executive Director Chan Meng Chun underscores insider confidence in Treasure Global\u2019s long-term growth strategy and outlook. Chan Meng Chun, a respected industry veteran who recently assumed the role of Executive Director, and Chuah Su Chen, a strong advocate of Treasure Global\u2019s vision, have each subscribed for USD 200,000 worth of common shares in the Company. Under the agreement, Treasure Global will issue a total of 344,828 new ordinary shares at &hellip; Continue reading \"Treasure Global Announces USD 400,000 Strategic Investment from Executive Director Chan Meng Chun and Investor Chuah Su Chen to Advance Expansion Plans\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans\/","og_site_name":"Market Newsdesk","article_published_time":"2025-10-07T20:06:39+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU0MTI2MSM3MTgzMjQwIzIyNDc3ODg=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Treasure Global Announces USD 400,000 Strategic Investment from Executive Director Chan Meng Chun and Investor Chuah Su Chen to Advance Expansion Plans","datePublished":"2025-10-07T20:06:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans\/"},"wordCount":643,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU0MTI2MSM3MTgzMjQwIzIyNDc3ODg=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/treasure-global-announces-usd-400000-strategic-investment-from-executive-director-chan-meng-chun-and-investor-chuah-su-chen-to-advance-expansion-plans\/","name":"Treasure Global Announces USD 400,000 Strategic Investment from Executive Director Chan Meng Chun and Investor Chuah Su Chen to Advance Expansion Plans - 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