KUALA LUMPUR, Malaysia, May  06, 2026  (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ:TGL) (&#34;Treasure Global&#34; or the &#34;Company&#34;), a Southeast Asia–anchored technology company, today officially announced the appointment

Treasure Global Appoints YDM Tengku Dato' Musahiddin Shah Bin Tengku Dato' Seri Abdul Samad Shah Alhaj to Board of Directors as Independent Director

Treasure Global Strengthens Leadership with New Director Appointment

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  <section data-block="information">
    <h3>Information</h3>
    <p>KUALA LUMPUR, Malaysia, May  06, 2026  (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ:TGL) (&amp;#34;Treasure Global&amp;#34; or the &amp;#34;Company&amp;#34;), a Southeast Asia–anchored technology company, today officially announced the appointment</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Treasure Global Inc. has appointed Tengku Dato&#039; Musahiddin Shah as an Independent Director, effective May 1, 2026. His extensive experience in navigating government and stakeholder ecosystems is expected to enhance TGL&#039;s strategic initiatives and strengthen its governance framework, likely positioning the company favorably in the Southeast Asian digital market.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>TGL appointed Tengku Dato&#039; Musahiddin Shah as Independent Director.</li><li>Shah&#039;s government experience aims to enhance TGL&#039;s strategic initiatives.</li><li>His leadership may improve TGL&#039;s governance and market positioning.</li><li>TGL&#039;s ZCITY Super App has 2.71 million registered users as of Dec 2025.</li><li>The company focuses on digital transformation in Southeast Asia.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Prime Jems Sdn Bhd (N/A)</strong>: Shah previously served as CEO, enhancing his industry credibility.</li><li><strong>Ropequest Sdn Bhd (N/A)</strong>: Shah&#039;s experience there may translate well to TGL&#039;s growth strategies.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under &#039;Corporate Developments&#039; as it involves significant leadership changes impacting TGL&#039;s strategic direction. Leadership transitions often correlate with shifts in execution strategies and overall company performance.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Shah&#039;s appointment may drive investor confidence and future partnerships.</li><li>Improvements in leadership could accelerate market penetration and growth.</li><li>Potential public-sector initiatives could increase TGL&#039;s revenue streams.</li><li>The expansion of the ZCITY user base suggests ongoing demand for TGL&#039;s services.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>TGL appointed Tengku Dato&#039; Musahiddin Shah as Independent Director on May 1, 2026.</li><li>ZCITY Super App reached 2.71 million registered users as of December 2025.</li><li>TGL specializes in digital transformation, focusing on retail and services.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>TGL presents a bullish investment opportunity over the next 6-12 months due to strategic governance enhancements.</p>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">KUALA LUMPUR, Malaysia, May  06, 2026  (GLOBE NEWSWIRE) -- Treasure Global Inc. (<strong>NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/TGL">TGL</a></strong>) ("<strong>Treasure Global</strong>" or the "<strong>Company</strong>"), a Southeast Asia–anchored technology company, today officially announced the appointment of Tengku Dato&#39; Musahiddin Shah as an Independent Director, effective May 1, 2026, reinforcing the Company's commitment to strengthening its leadership team and board composition as it continues to navigate the evolving market landscape.</p>  <p align="justify">Over the years, Tengku Dato&#39; Musahiddin Shah has operated at the intersection of government, institutions, and the private sector, managing engagements requiring a high degree of discipline, discretion, and alignment among multiple stakeholders. Through his appointment, the Company is expected to benefit from his extensive experience in navigating government-related frameworks and stakeholder ecosystems in Malaysia, which may support its participation in relevant public-sector initiatives and long-term strategic opportunities in the region.</p>  <p align="justify">"With more than a decade of experience spanning institutional responsibilities and corporate leadership, Tengku Dato&#39; Musahiddin Shah brings a depth of perspective that is both practical and strategic. His ability to navigate complex stakeholder environments and maintain clarity in execution will be an asset as the Company advances its growth agenda," said Sam Teo, Executive Director and Acting Chief Executive Officer.</p>  <p align="justify">He previously served as Chief Executive Officer of Primus Jems Sdn Bhd and Director of Ropequest Sdn Bhd, where he demonstrated a consistent track record of driving growth, improving operational efficiency, and positioning the business for sustained development.</p>  <p align="justify">Beyond his professional roles, Tengku Dato&#39; Musahiddin Shah remains actively involved in community and youth development initiatives in Selangor, including serving on the Board of Trustees of SAY Community, supporting programs aimed at long-term societal development.</p>  <p align="justify">He holds a Bachelor of Mass Communication (Public Relations) from Murdoch University, Australia.</p>  <p align="justify">"We are pleased to welcome Tengku Dato&#39; Musahiddin Shah to the Board. His advisory and operational experience will strengthen our governance framework and support our long-term strategy," said Sam Teo, Acting Chief Executive Officer of Treasure Global.</p>  <p align="justify"><strong>About Treasure Global:</strong><br></br>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 December 2025, 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.</p>  <p align="justify">Visit <a href="https://www.globenewswire.com/Tracker?data=MiJ-xxE7P0S0RweklDBkw0JVi5-xUCljSx9c4mcTeiQMrzyxXeQAlQhx-ajU4JCVOARdjtbD5L0bnsFy2Wbz6R9gBvPhfqSxoZqnPi8fRWQ=" rel="nofollow" target="_blank"><u>treasureglobal.org</u></a> for more information.</p>  <p align="justify"><strong><em>Forward-Looking Statements</em></strong><br></br><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'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.</em></p>  <p align="justify"><em>Factors that could cause actual results to differ materially include, without limitation, the Company's 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's filings with the U.S. Securities and Exchange Commission.</em></p>  <p align="justify"><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></p>  <p align="justify"><strong>CONTACT</strong><br></br><strong>Investor and media contact:</strong><br></br>Investor Relations Team <br></br>Treasure Global<br></br><a href="https://www.globenewswire.com/Tracker?data=wVpORgsF-yGa7szOY0ameh5yh8FuKadWLZ_6X9J5IBs5P9FtZ-pmM6Rj4utTZUJCPU1WIIHC8bRTkImJNFwrpSnSItnkoWIu-ttexvpZSAuwdbp6JCv1hb0SrzOBvq8J" rel="nofollow" target="_blank">ir_us@treasureglobal.org</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTcxNDI3NyM3NTg2MTYxIzIyNDc3ODg="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ZTRkMjE4MjYtYmRmMy00YjBkLWEwZDMtOGZiMjAyYjU3ZmQ5LTEyNTkzNDEtMjAyNi0wNS0wNi1lbg==/tiny/Treasure-Global-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/77c418b4-b5c2-4bac-a053-f63cd51de1dc"><img src="https://ml.globenewswire.com/media/77c418b4-b5c2-4bac-a053-f63cd51de1dc/small/treasure-global-inc-landscape-logo-png.png" border="0" width="150" height="41" alt="Primary Logo"></img></a></p>

Treasure Global Inc. has appointed Tengku Dato' Musahiddin Shah as an Independent Director, effective May 1, 2026. His extensive experience in navigating government and stakeholder ecosystems is expected to enhance TGL's strategic initiatives and strengthen its governance framework, likely positioning the company favorably in the Southeast Asian digital market.

Treasure Global Appoints YDM Tengku Dato' Musahiddin Shah Bin Tengku Dato' Seri Abdul Samad Shah Alhaj to Board of Directors as Independent Director

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Trading Thesis

Market-Moving

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