Treasure Global Secures $15M Contract
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 11 2026
0mins
Treasure Global announced it has been awarded a $15M contract by Creative World Industries to develop and deploy a social listening artificial intelligence system. The enterprise-grade platform will leverage machine learning and predictive analytics to analyze unstructured digital data and provide real-time business intelligence. Treasure Global stated the contract is part of its strategy to diversify its revenue base and expand its presence in scalable enterprise technology solutions.
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About TGL
Treasure Global Inc. is a holding company. The Company, through its wholly owned subsidiary, ZCity Sdn Bhd (ZCITY), engages in the payment processing industry and operates an online-to-offline (O2O) e-commerce platform known as ZCITY. The Company has business interests in creating an O2O e-commerce platform with an instant rebate and affiliate cashback program business model, focusing on providing a seamless payment solution and capitalizing on big data using artificial intelligence technology. The Company's product is an Internet application (app) called ZCITY App. ZCITY App drives user app download and transactions by providing instant rebate and cashback. The ZCITY App targets consumers through the provision of personalized deals based on consumers' purchase history, location and preferences. Its technology platform allows it to identify the spending trends of its customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Treasure Global Secures Exclusive Distribution Rights in GovTech
- Exclusive Distribution Agreement: Treasure Global's subsidiary Tadaa Technologies has secured exclusive rights from Nervesis to distribute and maintain the AI-powered ZYGY Social Listening Platform for Malaysia's government sector, accelerating the company's expansion into the GovTech market.
- Revenue Model Transformation: This agreement establishes a foundation for recurring revenue through software subscriptions and ongoing technical support, which is expected to significantly enhance the company's financial stability and long-term profitability.
- Strategic Expansion: The partnership marks a crucial step in Treasure Global's AI commercialization roadmap, further solidifying its position within Malaysia's rapidly growing GovTech ecosystem.
- Positive Market Reaction: Treasure Global's stock rose 2.3% in premarket trading, reflecting the market's positive response to the agreement and confidence in the company's future growth potential.
See More
Treasure Global Secures $15 Million AI Contract
- Contract Award: Treasure Global (TGL) announced securing a $15 million contract from Creative World Industries to develop an AI-integrated platform that can convert large volumes of online chats into data for marketing intelligence and customer experience decision-making, highlighting strong market demand for AI solutions.
- Revenue Forecast: Last week, the company issued preliminary expectations for fiscal 2026, forecasting revenue to more than double, while focusing on scaling its user and merchant base across the ZCITY super app in fiscal 2027, enhancing its competitive position.
- Technological Innovation: The new platform will leverage Nvidia's GPU infrastructure to process “millions of digital interactions” and produce outputs such as real-time sentiment analysis, trend detection, and behavioral insights, further solidifying TGL's position in a rapidly growing market.
- Leadership Change: Sam Teo returned to TGL as acting CEO in April, taking over from Carlson Thow, who became executive director, with Teo's return expected to bring renewed leadership aimed at expanding AI-driven solutions across multiple industries.
See More
Treasure Global Secures $15 Million AI Contract
- Significant Contract Value: Treasure Global has secured a $15 million contract with Malaysia's Creative World Industries, marking a pivotal shift towards high-value enterprise AI revenue streams, which is expected to significantly enhance its market competitiveness.
- Innovative Technology Application: The project aims to develop an enterprise-grade Social Listening AI System that leverages large language models and machine learning to process millions of multi-channel digital interactions in real-time, delivering actionable business intelligence to support brand and marketing management.
- Growing Market Demand: This collaboration highlights the accelerating global demand for AI systems capable of driving real-time decision intelligence across various sectors, including telecom, finance, healthcare, and public services, further solidifying Treasure Global's strategic position in the AI landscape.
- Future Growth Potential: Treasure Global anticipates that this project will unlock follow-on software deployments and licensing opportunities, create recurring service-based revenue streams, and provide a validated reference model to accelerate client acquisition in new global markets.
See More
Treasure Global Expects Over 100% Revenue Growth in FY2026
- Revenue Growth Expectation: Treasure Global anticipates over 100% year-over-year revenue growth for FY2026, driven by the ongoing expansion of its digital ecosystem and increasing merchant adoption across Southeast Asia, indicating strong performance in a rapidly growing market.
- Financial Position Improvement: The company expects continued strengthening of its balance sheet and liquidity following the completion of strategic financing initiatives and operational optimization, which will provide robust financial support for future growth and enhance investor confidence.
- Market Reaction: Despite the optimistic outlook, Treasure Global's stock fell 3.8% in premarket trading, reflecting market concerns about its short-term performance, which may impact investor perceptions of the company's long-term growth potential.
- Management Change: Treasure Global has appointed former CEO Sam Teo as acting CEO, a move likely aimed at stabilizing leadership and ensuring continuity in strategic direction during the transition, further enhancing market trust.
See More
Treasure Global Reports Q3 Revenue of ~$1.50M
- Q3 Revenue Performance: Treasure Global reported approximately $1.50 million in revenue for Q3 2026, indicating a degree of growth despite market challenges, reflecting the company's efforts in revenue diversification.
- Improved Cash Position: As of March 31, 2026, the company's cash and cash equivalents significantly increased to approximately $2.91 million, providing stronger financial support for future operations and investments, thereby enhancing liquidity.
- Management Change: Treasure Global appointed former CEO Sam Teo as acting CEO, a leadership change that may impact the company's strategic direction and execution, prompting investors to monitor subsequent developments closely.
- Increased Financial Transparency: The company released financial information to enhance transparency and boost investor confidence, particularly in the current market environment, where clear financial status can attract more investor interest.
See More
Treasure Global Announces CEO Transition and Strategic Focus
- Leadership Transition: Treasure Global announced that former CEO Sam Teo will return as Chief Executive Officer on April 1, while Carlson Thow will become Executive Director, focusing on corporate governance and long-term strategy, which is expected to enhance governance structure and decision-making efficiency.
- Strategic Redevelopment: Teo's return will accelerate the strategic redevelopment of the TAZTE system, improving digital food and beverage management capabilities, while also driving the rapid rollout of the OXI wallet, which is anticipated to enhance the company's market competitiveness and user experience.
- Market Expansion: Treasure Global is entering high-growth sectors such as electric mobility and advanced technologies through strategic partnerships, with Teo's extensive experience expected to help the company open new revenue streams in global markets, further driving business growth.
- Stock Market Reaction: Following the leadership announcement, Treasure Global's stock surged nearly 7% in after-hours trading, reflecting investor optimism about the company's future growth potential, despite a nearly 93% decline in stock price over the past year.
See More
Treasure Global Secures Exclusive Distribution Rights in GovTech
- Exclusive Distribution Agreement: Treasure Global's subsidiary Tadaa Technologies has secured exclusive rights from Nervesis to distribute and maintain the AI-powered ZYGY Social Listening Platform for Malaysia's government sector, accelerating the company's expansion into the GovTech market.
- Revenue Model Transformation: This agreement establishes a foundation for recurring revenue through software subscriptions and ongoing technical support, which is expected to significantly enhance the company's financial stability and long-term profitability.
- Strategic Expansion: The partnership marks a crucial step in Treasure Global's AI commercialization roadmap, further solidifying its position within Malaysia's rapidly growing GovTech ecosystem.
- Positive Market Reaction: Treasure Global's stock rose 2.3% in premarket trading, reflecting the market's positive response to the agreement and confidence in the company's future growth potential.
See More
Treasure Global Secures $15 Million AI Contract
- Contract Award: Treasure Global (TGL) announced securing a $15 million contract from Creative World Industries to develop an AI-integrated platform that can convert large volumes of online chats into data for marketing intelligence and customer experience decision-making, highlighting strong market demand for AI solutions.
- Revenue Forecast: Last week, the company issued preliminary expectations for fiscal 2026, forecasting revenue to more than double, while focusing on scaling its user and merchant base across the ZCITY super app in fiscal 2027, enhancing its competitive position.
- Technological Innovation: The new platform will leverage Nvidia's GPU infrastructure to process “millions of digital interactions” and produce outputs such as real-time sentiment analysis, trend detection, and behavioral insights, further solidifying TGL's position in a rapidly growing market.
- Leadership Change: Sam Teo returned to TGL as acting CEO in April, taking over from Carlson Thow, who became executive director, with Teo's return expected to bring renewed leadership aimed at expanding AI-driven solutions across multiple industries.
See More
Treasure Global Secures $15 Million AI Contract
- Significant Contract Value: Treasure Global has secured a $15 million contract with Malaysia's Creative World Industries, marking a pivotal shift towards high-value enterprise AI revenue streams, which is expected to significantly enhance its market competitiveness.
- Innovative Technology Application: The project aims to develop an enterprise-grade Social Listening AI System that leverages large language models and machine learning to process millions of multi-channel digital interactions in real-time, delivering actionable business intelligence to support brand and marketing management.
- Growing Market Demand: This collaboration highlights the accelerating global demand for AI systems capable of driving real-time decision intelligence across various sectors, including telecom, finance, healthcare, and public services, further solidifying Treasure Global's strategic position in the AI landscape.
- Future Growth Potential: Treasure Global anticipates that this project will unlock follow-on software deployments and licensing opportunities, create recurring service-based revenue streams, and provide a validated reference model to accelerate client acquisition in new global markets.
See More
Treasure Global Expects Over 100% Revenue Growth in FY2026
- Revenue Growth Expectation: Treasure Global anticipates over 100% year-over-year revenue growth for FY2026, driven by the ongoing expansion of its digital ecosystem and increasing merchant adoption across Southeast Asia, indicating strong performance in a rapidly growing market.
- Financial Position Improvement: The company expects continued strengthening of its balance sheet and liquidity following the completion of strategic financing initiatives and operational optimization, which will provide robust financial support for future growth and enhance investor confidence.
- Market Reaction: Despite the optimistic outlook, Treasure Global's stock fell 3.8% in premarket trading, reflecting market concerns about its short-term performance, which may impact investor perceptions of the company's long-term growth potential.
- Management Change: Treasure Global has appointed former CEO Sam Teo as acting CEO, a move likely aimed at stabilizing leadership and ensuring continuity in strategic direction during the transition, further enhancing market trust.
See More
Treasure Global Reports Q3 Revenue of ~$1.50M
- Q3 Revenue Performance: Treasure Global reported approximately $1.50 million in revenue for Q3 2026, indicating a degree of growth despite market challenges, reflecting the company's efforts in revenue diversification.
- Improved Cash Position: As of March 31, 2026, the company's cash and cash equivalents significantly increased to approximately $2.91 million, providing stronger financial support for future operations and investments, thereby enhancing liquidity.
- Management Change: Treasure Global appointed former CEO Sam Teo as acting CEO, a leadership change that may impact the company's strategic direction and execution, prompting investors to monitor subsequent developments closely.
- Increased Financial Transparency: The company released financial information to enhance transparency and boost investor confidence, particularly in the current market environment, where clear financial status can attract more investor interest.
See More
Treasure Global Announces CEO Transition and Strategic Focus
- Leadership Transition: Treasure Global announced that former CEO Sam Teo will return as Chief Executive Officer on April 1, while Carlson Thow will become Executive Director, focusing on corporate governance and long-term strategy, which is expected to enhance governance structure and decision-making efficiency.
- Strategic Redevelopment: Teo's return will accelerate the strategic redevelopment of the TAZTE system, improving digital food and beverage management capabilities, while also driving the rapid rollout of the OXI wallet, which is anticipated to enhance the company's market competitiveness and user experience.
- Market Expansion: Treasure Global is entering high-growth sectors such as electric mobility and advanced technologies through strategic partnerships, with Teo's extensive experience expected to help the company open new revenue streams in global markets, further driving business growth.
- Stock Market Reaction: Following the leadership announcement, Treasure Global's stock surged nearly 7% in after-hours trading, reflecting investor optimism about the company's future growth potential, despite a nearly 93% decline in stock price over the past year.
See More
