TGL | Jotup

Treasure Global Successfully Regains Compliance with Nasdaq Minimum Bid Price Requirement

Retrieved on:

Tuesday, March 26, 2024

NEW YORK and KUALA LUMPUR, Malaysia, March 26, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“Treasure Global” or the “Company”), an innovative technology solutions provider, is pleased to announce that it has successfully regained compliance with the minimum bid price requirement set forth by The Nasdaq Stock Market LLC (“Nasdaq”).

Key Points:

NEW YORK and KUALA LUMPUR, Malaysia, March 26, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“Treasure Global” or the “Company”), an innovative technology solutions provider, is pleased to announce that it has successfully regained compliance with the minimum bid price requirement set forth by The Nasdaq Stock Market LLC (“Nasdaq”).
The Company has received notification from the Nasdaq Listing Qualifications Staff confirming its compliance with Listing Rule 5550(a)(2), thereby meeting Nasdaq’s maintenance requirements for listing.
“Regaining compliance with Nasdaq’s minimum bid price requirement is a significant milestone for Treasure Global.
This achievement underscores our unwavering dedication to maintaining the utmost standards of corporate governance and transparency,” said Sam Teo, Chief Executive Officer of Treasure Global.

SoFi Announces New Partnership with #4 World Ranked Professional Golfer and Reigning U.S. Open Champion Wyndham Clark

Retrieved on:

Tuesday, April 9, 2024

SoFi (NASDAQ: SOFI), the digital personal finance company, announced a multi-year partnership with #4 world-ranked professional golfer and reigning U.S. Open Champion, Wyndham Clark.

Key Points:

SoFi (NASDAQ: SOFI), the digital personal finance company, announced a multi-year partnership with #4 world-ranked professional golfer and reigning U.S. Open Champion, Wyndham Clark.
The partnership between SoFi and the three-time PGA TOUR winner comes ahead of Clark’s first appearance at the Masters Tournament at Augusta National later this week.
View the full release here: https://www.businesswire.com/news/home/20240408832141/en/
“SoFi is excited to welcome Wyndham Clark as the newest member of Team SoFi.
SoFi membership comes with a host of benefits including services, content and tools that are designed to help achieve financial goals.

Introducing New York Golf Club and Player Roster

Retrieved on:

Tuesday, April 2, 2024

View the full release here: https://www.businesswire.com/news/home/20240402326760/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20240402326760/en/
New York Golf Club team roster: Cameron Young, Matt Fitzpatrick, Xander Schauffele, Rickie Fowler (Photo: Business Wire)
New York is synonymous with world class, and its golf scene is no exception.
“I am thrilled to be joining New York Golf Club for the inaugural TGL season,” said Fowler.
“Working with the team at Cohen Private Ventures on the launch of New York Golf Club has been an incredible experience,” said Fitzpatrick.
“Having grown up a New Yorker, first learning to play at Sleepy Hollow, the opportunity to represent New York Golf Club feels surreal,” said Young.

Treasure Global’s AI-Powered ZCITY Premium Store Surpasses Expectations, Selling over 6,000 Bill Saver Bonanza Packs Within Four Months of Launch

Retrieved on:

Friday, March 8, 2024

Artificial intelligence, TGL, RM10

The Company believes that the success of its ZCITY Premium Store may contribute to increased revenue growth for the Company.

Key Points:

The Company believes that the success of its ZCITY Premium Store may contribute to increased revenue growth for the Company.
This substantial growth underscores the strategic importance of the Premium Store in driving business expansion and profitability for Treasure Global.
Focusing on higher-margin businesses including ZCITY’s Premium Store, Treasure Global has also achieved significant improvements in its financial performance.
As the ZCITY Premium Store continues to thrive, the Company looks forward to further enhancing its offerings and expanding its footprint in key markets.

Treasure Global Announces 1:70 Reverse Stock Split

Retrieved on:

Friday, February 23, 2024

Transfer, Certificate, TGL, Common stock, Reverse stock split, Common, CUSIP, Trust, Security (finance)

NEW YORK and KUALA LUMPUR, Malaysia, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“Treasure Global” or the “Company”), an innovative technology solutions provider, announced today that it will effect a 1-for-70 reverse stock split (“Reverse Stock Split”) of its common stock, par value $0.00001 per share (“Common Stock”).

Key Points:

NEW YORK and KUALA LUMPUR, Malaysia, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“Treasure Global” or the “Company”), an innovative technology solutions provider, announced today that it will effect a 1-for-70 reverse stock split (“Reverse Stock Split”) of its common stock, par value $0.00001 per share (“Common Stock”).
The 1-for-70 reverse stock split will automatically combine and convert seventy current shares of the Common Stock into one issued and outstanding new share of Common Stock.
The Reverse Stock Split will not change the par value of the Common Stock nor the authorized number of shares of Common Stock, preferred stock or any series of preferred stock.
Stockholders owning shares via a broker, bank, trust or other nominee will have their positions automatically adjusted to reflect the Reverse Stock Split and will not be required to take any action in connection with the Reverse Stock Split.

Treasure Global and Silica-AI Forge Strategic Partnership to Revolutionize AI and IoT Landscape Across Southeast Asia

Retrieved on:

Thursday, February 22, 2024

Algorithm, AI, Intelligence, TGL, Marketing, Internet of things, Partnership

NEW YORK and KUALA LUMPUR, Malaysia, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“TGL” or the “Company”), an innovative technology solutions provider, today announced, a groundbreaking partnership with Silica-AI (SAI), a leading artificial intelligence or AI technology company driving global industry transformation. This strategic alliance aims to propel AI and IoT innovation across Southeast Asia, leveraging SAI's cutting-edge AI technology and TGL's extensive market reach and expertise.

Key Points:

This strategic alliance aims to propel AI and IoT innovation across Southeast Asia, leveraging SAI's cutting-edge AI technology and TGL's extensive market reach and expertise.
Southeast Asia stands at the forefront of technological advancement and digital transformation, presenting a ripe landscape for AI and IoT integration.
Our partnership with Silica-AI marks a pivotal moment in advancing AI technology across Southeast Asia.
With their combined expertise, resources, and shared vision for AI-driven innovation, Treasure Global and Silica-AI are poised to transform Southeast Asia's AI and IoT landscape, ushering in a new era of technological advancement and digital excellence.

Treasure Global Reports Second Quarter Fiscal Year 2024 Results

Retrieved on:

Wednesday, February 14, 2024

AI, Intelligence, TGL, Meta Platforms, Health, Treasure, Growth, Food, Cryptocurrency

Increased Registered Users to Over 2.68 Million as of December 31, 2023

Key Points:

Increased Registered Users to Over 2.68 Million as of December 31, 2023
Reported Gross Profit of Approximately $0.35 Million for Second Quarter Fiscal 2024, up 48% Year-Over-Year
NEW YORK and KUALA LUMPUR, Malaysia, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“TGL,” “Treasure Global” or the “Company”), an innovative technology solutions provider, today reported its financial results for the second quarter of the 2024 fiscal year ended December 31, 2023, and provided a business update.
Total revenues for the second quarter ended December 31, 2023, were $6.7 million, compared with $20.4 million for the second quarter of the 2023 fiscal year.
Gross profit for the second quarter of the 2024 fiscal year was approximately $0.35 million, a 48% improvement year-on-year, from approximately $0.23 million for the second quarter of the 2023 fiscal year.
Net loss of approximately $1.2 million for the second quarter of the 2024 fiscal year, compared to $2.0 million for the second quarter of the 2023 fiscal year.

Los Angeles Golf Club Welcomes Tommy Fleetwood as the Fourth and Final Addition to Elite Athlete Roster

Retrieved on:

Wednesday, February 7, 2024

LOS, Personality, TFA, DP, European, TGL, Golf, Sports equipment

LOS ANGELES, Feb. 7, 2024 /PRNewswire/ -- Los Angeles Golf Club is thrilled to announce the signing of internationally accomplished world-class golfer Tommy Fleetwood as the fourth and final athlete to join TGL's inaugural team, Los Angeles Golf Club. Fleetwood's announcement as the final player on Los Angeles Golf Club's roster brings together a shared commitment to excellence, sportsmanship, and passion for the game.

Key Points:

Fleetwood is a 7x DP World Tour Winner, 2x Ryder Cup Winner and Founder of the Tommy Fleetwood Academy (TFA)
LOS ANGELES, Feb. 7, 2024 /PRNewswire/ -- Los Angeles Golf Club is thrilled to announce the signing of internationally accomplished world-class golfer Tommy Fleetwood as the fourth and final athlete to join TGL's inaugural team, Los Angeles Golf Club.
Fleetwood's announcement as the final player on Los Angeles Golf Club's roster brings together a shared commitment to excellence, sportsmanship, and passion for the game.
"We are delighted to welcome Tommy Fleetwood to the Los Angeles Golf Club family.
The club invites its fans, and the golf community to join in welcoming Tommy Fleetwood to Los Angeles Golf Club and looks forward to the exciting journey ahead with this accomplished athlete on the roster.

Treasure Global CEO Demonstrates Confidence in Company's Future Through Share Purchase

Retrieved on:

Monday, February 5, 2024

USD, Growth, TGL

Following this transaction, Mr. Teo now holds an aggregate of 5.11% of the issued and outstanding voting shares.

Key Points:

Following this transaction, Mr. Teo now holds an aggregate of 5.11% of the issued and outstanding voting shares.
“I am excited about the bright future that lies ahead for Treasure Global, as the Company continues to deliver on its strategic objectives and advance a number of key opportunities,” said Sam Teo, Chief Executive Officer of TGL.
“Our team’s relentless dedication to innovation, coupled with our ability to forge strategic partnerships, has elevated our position within the technology solutions space.
I believe that this share purchase demonstrates that I firmly believe in the value and potential of our company, which is why I have chosen to increase my stake in TGL.”
This purchase demonstrates the alignment of TGL’s Chief Executive Officer with the Company’s strategic vision for sustained growth and innovation in the dynamic technology sector.

Treasure Global to Report Second Quarter Fiscal Year 2024 Results on February 14, 2024

Retrieved on:

Wednesday, January 31, 2024

TGL, Cryptocurrency

NEW YORK and KUALA LUMPUR, Malaysia, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“TGL” or the “Company”), an innovative technology solutions provider, today announced that it will report its financial results for the second quarter of fiscal year 2024, which ended on December 31, 2023, after market close on Wednesday, February 14, 2024. The Company will host a conference call and audio webcast the next morning, Thursday, February 15, 2024, at 8:30 a.m. Eastern Time featuring remarks by Sam Teo, Chief Executive Officer of TGL and Michael Chan, Chief Financial Officer of TGL.

Key Points:

Hosts conference call on Thursday, February 15, 2024
NEW YORK and KUALA LUMPUR, Malaysia, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“TGL” or the “Company”), an innovative technology solutions provider, today announced that it will report its financial results for the second quarter of fiscal year 2024, which ended on December 31, 2023, after market close on Wednesday, February 14, 2024.
The Company will host a conference call and audio webcast the next morning, Thursday, February 15, 2024, at 8:30 a.m. Eastern Time featuring remarks by Sam Teo, Chief Executive Officer of TGL and Michael Chan, Chief Financial Officer of TGL.