---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-058666"
form_type: "8-K"
ticker: "TGL"
cik: "0001905956"
company_name: "TREASURE GLOBAL INC"
filed_at: "2023-07-21T23:59:59+00:00"
generated_at: "2026-06-13T05:10:23.984649+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Treasure Global and VCI Global agree to develop AI travel platform; $1M fee, 50/50 profit share

## Summary
- VCI Global will pay Treasure Global $1M in cash or stock for platform development.
- Platform to function as AI-powered portable concierge app for travelers in Malaysia.
- Targeted launch in 2024; ownership and profits shared 50:50 between the two firms.
- Malaysian online travel market projected at $8B by 2025, per press release.

## SEC filing metadata
- accession: 0001213900-23-058666
- form_type: 8-K
- ticker: TGL
- cik: 0001905956
- company_name: TREASURE GLOBAL INC
- filed_at: 2023-07-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1905956/000121390023058666/0001213900-23-058666-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1905956/000121390023058666/ea182068-8k_treasure.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-058666
- JSON: https://secwatch.observer/filing/0001213900-23-058666.json
- Plain text: https://secwatch.observer/filing/0001213900-23-058666.txt

## Key facts
- Material Agreements
  TREASURE GLOBAL INC entered into Collaboration Agreement with VCI Global Limited (effective 2023-07-19).
  - Action: entry
  - Agreement: collaboration
  - Counterparty: VCI Global Limited
  - Effective: 2023-07-19
  source text: On July 19, 2023, Treasure Global Inc (the “Company”) entered into a Collaboration Agreement (the “Collaboration Agreement”) with VCI Global Limited (NASDAQ: VCIG) (“VCI Global”), a multi-disciplinary consulting group focused on business and technology, in which the Company and VCI Global shall collaborate to develop an AI-powered travel platform (“Platform”) which utilizes advanced technology, including high-tech and predictive technology, to assist its users in discovering the best places to visit, explore, dine and engage in various activities during their travel in Malaysia.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1905956/000121390023058666/0001213900-23-058666-index.htm
- Material Agreements
  TREASURE GLOBAL INC entered into Software Development Agreement with VCI Global valued at USD $1 million (effective 2023-07-20).
  - Action: entry
  - Counterparty: VCI Global
  - Value: USD $1 million
  - Effective: 2023-07-20
  source text: On July 20, 2023, Gem Reward Sdn Bhd (“Gem”), a wholly owned subsidiary of the Company, entered into a Software Development Agreement (the “Software Agreement”) with VCI Global, in which Gem shall create, design, produce, develop, finalize, commission and deliver to VCI Global the Platform.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1905956/000121390023058666/0001213900-23-058666-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.