Skip to main content

Treasure Global Secures Exclusive Distribution and Maintenance Agreement for AI-Powered Social Listening Platform

Written by Customer Service on . Posted in Public Companies.

Targets Malaysia’s Expanding GovTech Market with Recurring Revenue Potential

KUALA LUMPUR, Malaysia, June 24, 2026 (GLOBE NEWSWIRE) — Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a Southeast Asia–anchored technology company focused on AI-powered enterprise solutions and digital transformation, today announced that its subsidiary, Tadaa Technologies Sdn Bhd (“Tadaa”), has entered into an exclusive distribution and maintenance agreement with Nervesis Sdn Bhd (“Nervesis”) for the AI-powered ZYGY Social Listening Platform, granting Tadaa exclusive rights to commercialize, deploy, and support the platform for government sector use cases across Malaysia.

The agreement marks a strategic expansion of Treasure Global’s AI commercialization roadmap and strengthens its position within Malaysia’s rapidly growing GovTech ecosystem. It also establishes a scalable foundation for potential recurring revenue generation through software subscriptions, enterprise deployment services, maintenance, and ongoing platform support.

Malaysia is advancing its digital transformation in the public sector, with increasing integration of AI across governance workflows, citizen engagement frameworks, and policy decision-making systems. According to the Ministry of Digital, over 373,000 civil servants have utilized AI-enabled tools through the AI@Work initiative as of December 2025.

Under the agreement, Tadaa is appointed as the exclusive distributor and maintenance provider for government sector deployments of the ZYGY Social Listening Platform in Malaysia. The Company will oversee commercialization, distribution, deployment, implementation, training, and lifecycle support for public-sector clients, while Nervesis continues to lead platform innovation, engineering development, and feature expansion.

“This agreement accelerates our expansion into high-growth enterprise AI and GovTech markets,” said Sam Teo, Acting Chief Executive Officer of Treasure Global.

“The exclusive rights to distribute and maintain this platform position us at the center of growing demand for AI-driven intelligence solutions across government organizations. We see strong potential to build a recurring revenue base through scalable subscriptions, implementation services, training, and long-term platform support as adoption expands.”

The collaboration aligns with Malaysia’s national digital governance strategy and reinforces the Company’s role in enabling next-generation AI adoption across public-sector institutions.

This partnership further advances Treasure Global’s transformation into an AI-driven enterprise solutions provider and expands its addressable market beyond consumer platforms into high-value enterprise and government applications across Southeast Asia.

About Treasure Global:
Treasure Global is a Malaysia-based technology solutions provider specializing in innovative platforms that drive digital transformation in retail and services. The Company’s 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 31, 2026, ZCITY has attracted 2.71 million registered users, positioning Treasure Global as a key player in Malaysia’s digital economy. Treasure Global continuously leverages cutting-edge technologies, including artificial intelligence and data analytics, to enhance its platform’s capabilities across e-commerce, fintech, and other verticals.

Visit treasureglobal.org for more information.

Forward-Looking Statements
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’s 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 “anticipates,” “believes,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “will,” or similar expressions.

Factors that could cause actual results to differ materially include, without limitation, the Company’s ability to expand its e-commerce platform and F&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’s filings with the U.S. Securities and Exchange Commission.

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.

CONTACT
Investor and media contact:
Investor Relations Team
Treasure Global
ir_us@treasureglobal.org

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.