other material
confidence high
sentiment neutral
materiality 0.65
Treasure Global subsidiary enters RM11.7M software enhancement agreement for Tazte Apps
TREASURE GLOBAL INC
- TADAA Technologies engaged Apexcode Innovations to enhance Tazte Apps; total fee RM11.7M (~USD 2.5M).
- RM3.9M milestone payment serves as a deposit refundable if TADAA terminates for non-performance.
- Service Provider must deliver source code and deliverables within 2 months from March 11, 2026.
- All intellectual property in deliverables automatically vests in TADAA upon creation.
- Service Provider bears sole data protection and cybersecurity liability for the Apps.