TREASURE GLOBAL INC 8-K

What Happened
Treasure Global Inc. (TGL) filed an 8-K disclosing that non-executive director Chan Wai Kuan resigned effective May 1, 2026. The company said the resignation was not due to any disagreement with the Company’s operations, policies or practices. On the same date, the Board appointed Tengku Dato’ Musahiddin Shah Bin Tengku Dato’ Seri Samad Shah Alhaj as a new non-executive director.

Key Details

• Resignation effective date: May 1, 2026 (Chan Wai Kuan); not due to any disagreement with the company.
• Appointment effective date: May 1, 2026 (Tengku Dato’ Musahiddin Shah).
• Appointment term: up to 12 months, terminating earlier if he ceases to be a director, the Appointment Letter ends, or at the next shareholder meeting.
• Compensation & restrictions: director’s fee RM10,000 per month, reimbursement of reasonable expenses, a non-compete during service and a one‑year non-solicitation clause after appointment.
• Background: appointee formerly CEO of Primus Jems Sdn Bhd, director at Ropequest Sdn Bhd, active in community/youth programs in Selangor, and holds a Bachelor in Mass Communication from Murdoch University. Appointment Letter filed as Exhibit 10.1.

Why It Matters
This is a board-level change that can affect governance and the company’s access to regional networks. The new director brings experience with government-related frameworks and Malaysian stakeholder engagement, which the company says may help pursue public-sector initiatives and strategic opportunities in the region. Financial impact is limited and transparent: the disclosed director fee (RM10,000/month) and usual expense reimbursements are modest relative to typical corporate costs, and the filing notes no operational disagreement prompted the resignation.