TREASURE GLOBAL INC — Form 8-K

On 20 July 2026, Treasure Global Inc (TGI, Nasdaq-listed) agreed to acquire 80% of Cigar Secret Sdn Bhd, a Malaysian tobacco and cigar retailer, from four individual vendors (Wong Lai Hoong, Chan Chee Kae, Angie Wong Lai Mun, Ong Si Zhong) for RM2,500,000 (~USD 565k at typical exchange rates). The deposit is RM2,250,000 (~USD 510k), payable via TGI shares (Escrow Shares) subject to a 6-month lock-up; the remaining RM250,000 balance due at completion. Completion is conditional on due diligence clearance, independent valuation, regulatory approvals, and no material adverse change. The transaction is treated as a single composite deal; completion triggers vendor non-compete obligations for 5 years.