Treasure Global Welcomes Michael Chan as New Executive Director

Treasure Global Appoints Michael Chan to the Board

Treasure Global Inc. (NASDAQ: TGL) is excited to announce the recent addition of Michael Chan as an Executive Director. This strategic move aims to fortify the company’s governance and advance future growth initiatives. Michael's extensive experience, particularly as a former Chief Financial Officer, positions him to provide invaluable insights.

Strengthening the Governance Structure

Michael Chan's previous tenure as CFO saw him navigate significant financial landscapes, leading crucial capital management and operational enhancement projects. Following a brief hiatus to pursue personal endeavors, he has been invited back to join the Board. This decision reinforces the company's commitment to ensure strong governance and strategic management as it endeavors for sustainable growth.

Comments from Leadership

Carlson Thow, Chief Executive Officer of Treasure Global, expressed enthusiasm regarding Michael's return. He believes that Michael's unique understanding of the business will play a pivotal role as the company aims for sustained profitability and enhanced operational excellence. Carlson remarked, "His expertise will be instrumental in steering TGL towards its strategic goals and creating lasting value for our shareholders."

Michael Chan's Vision

Michael shared his excitement about returning to TGL in this new capacity. He stated, "I am honored to rejoin TGL as a Board member. My focus will be on supporting our management team and my fellow directors in reaching our strategic objectives and fostering sustainable value for our stakeholders."

A Commitment to Continuous Development

The appointment of Michael Chan highlights TGL's dedication to maintaining a robust Board structure and effective leadership. This initiative ensures that the company is optimally positioned to identify and leverage new growth opportunities as they arise, thereby delivering significant value for investors.

About Treasure Global

Treasure Global is a forward-thinking Malaysia-based technology solutions provider, aiming to lead the digital transformation in retail and services. The crown jewel of their offerings is the innovative ZCITY Super App. This platform combines e-payment solutions with loyal customer rewards, crafting a seamless experience for users transitioning between online and offline shopping. By the early part of 2025, ZCITY has amassed an impressive base of over 2.7 million registered users, seamlessly integrating cutting-edge technologies such as artificial intelligence and data analytics to enhance their service delivery across various sectors, including e-commerce and fintech.

How Treasure Global Continues to Innovate

By prioritizing innovation, the company aims to expand its capabilities and address evolving market demands. This commitment to technology ensures that Treasure Global remains a formidable player within Malaysia’s dynamic digital ecosystem.

Frequently Asked Questions

What is the role of Michael Chan at Treasure Global?

Michael Chan has been appointed as an Executive Director to support the Board and enhance strategic initiatives.

How does Michael's experience benefit Treasure Global?

His previous role as CFO brings deep financial understanding and strategic insight, vital for steering future growth.

What is the significance of the ZCITY Super App?

The ZCITY Super App integrates payment solutions with loyalty rewards, catering to millions of users and streamlining retail experiences.

How does Treasure Global support innovation?

The company utilizes cutting-edge technologies like AI and data analytics to improve platform capabilities across sectors.

What are the future growth plans for Treasure Global?

The company is focused on exploring new market opportunities and enhancing its service offerings to drive profitability.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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