---
schema_version: "secwatch.filing_event.v1"
accession: "0001575872-23-000670"
form_type: "8-K"
ticker: "TGL"
cik: "0001905956"
company_name: "TREASURE GLOBAL INC"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:08:21.220434+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Treasure Global signs exclusive worldwide license with Morganfield's to sub-license brand and adopt TAZTE system

## Summary
- Exclusive worldwide rights to grant sub-licensees for Morganfield's restaurant brand; term 5 years (2023-2028), auto-renewal.
- Morganfield's adopts TAZTE digital F&B management system in its nine franchisees across Malaysia, China, and Singapore.
- Minimum monthly payment from TGL to Morganfield's: RM90,000 (Year 1) escalating to RM130,000 (Year 5).
- TGI plans to replicate licensing model with other F&B brands to become largest F&B chain without owning physical restaurants.
- New revenue streams: start-up fees from new locations, monthly licensing fees, and supply chain management.

## SEC filing metadata
- accession: 0001575872-23-000670
- form_type: 8-K
- ticker: TGL
- cik: 0001905956
- company_name: TREASURE GLOBAL INC
- filed_at: 2023-05-04T23:59:59+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/1905956/000157587223000670/0001575872-23-000670-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1905956/000157587223000670/tgl-20230501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001575872-23-000670
- JSON: https://secwatch.observer/filing/0001575872-23-000670.json
- Plain text: https://secwatch.observer/filing/0001575872-23-000670.txt

## Key facts
- Material Agreements
  TREASURE GLOBAL INC entered into Worldwide Master License Agreement with Morganfield's Holdings Sdn. Bhd. (effective 2023-05-01).
  - Action: entry
  - Agreement: license
  - Counterparty: Morganfield's Holdings Sdn. Bhd.
  - Effective: 2023-05-01
  source text: On May 1, 2023, Treasure Global Inc (“TGL”), through its affiliate, Morgan Global Sdn. Bhd. (together with TGL, the “Company”) and Morganfield’s Holdings Sdn. Bhd. (“Morganfield’s”), a restaurant chain specializing in comfort food and American-style barbecue, entered into a Worldwide Master License Agreement (the “License Agreement”), in which Morganfield’s granted the Company an exclusive worldwide license to grant sub-licensees to third parties to use Morganfield’s trademarks for the restaurant business.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1905956/000157587223000670/0001575872-23-000670-index.htm

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