Treasure Global Acquires Minority Stake in V Gallant Through Share Subscription

Reuters
Jan 03
Treasure Global Acquires Minority Stake in V Gallant Through Share Subscription

Treasure Global Inc. has entered into a transaction resulting in an equity investment in V Gallant SDN BHD, its generative AI and AI digital human technology partner. Under a previously amended service agreement, Treasure Global Inc. had paid V Gallant a total of $16 million for services and associated hardware and software. Following a third supplemental letter agreement dated December 26, 2025, the total consideration was reduced to $10.8 million, leaving an excess payment of $5.2 million. This excess amount will be settled through the issuance of V Gallant Limited shares to Treasure Global Inc. at a price of $4.00 per share, granting Treasure Global Inc. a minority equity interest in V Gallant. After this transaction, Treasure Global Inc. has no further payment obligations under the agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Treasure Global Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-000442), on January 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10