Treasure Global Announces Annual Report Will Be Filed Late and Postpones Release of Fiscal Year 2022 Results and Date of Earnings Call
October 12 2022 - 3:02PM
Treasure Global Inc (Nasdaq: TGL) (“TGI”, or the “Company”), an
innovative e-commerce platform providing seamless payment solutions
and rewards programs, today announced that it will not file its
Annual Report for the fiscal year ended June 30, 2022 within the
filing deadline established by the Securities and Exchange
Commission and will be a late filer with respect to such report.
The delay in the filing of the Company's Annual
Report relates principally to completion of the audit process. Once
the date of completion is confirmed, TGI will announce the
rescheduled date of its fiscal year 2022 conference call in which
management will discuss TGI’s financial results and provide a
business update.
Management and the audit committee will continue
to work towards the completion of the Annual Report and cooperate
with its auditors to ensure the audit is completed as soon as
possible.
About Treasure Global IncTGI is
an innovative Malaysian e-commerce platform providing seamless
payment solutions for consumers and merchants with instant rebates
and affiliate cashback programs. On a mission to bring together the
worlds of online e-commerce and offline physical retailers, TGI is
developing a portfolio of leading digital platforms for use
throughout Southeast Asia (“SEA”) and Japan. In June 2020, TGI
launched its proprietary product, the ZCITY App, a unique digital
ecosystem that transforms and simplifies the e-payment experience
for consumers, while simultaneously allowing them to earn rewards.
In the ZCITY ecosystem, users can utilize Tazte, a revenue
generating digital F&B management system providing merchants
with a one-stop touchless management and automated solution to
digitalize their businesses. As of September 2022, ZCITY had over
2,200,000 registered users.
For more information, please
visit https://treasureglobal.co/.
Forward Looking StatementsThis
press release may contain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
Such forward-looking statements are characterized by future or
conditional verbs such as "may," "will," "expect," "intend,"
"anticipate," believe," "estimate" and "continue" or similar words.
You should read statements that contain these words carefully
because they discuss future expectations and plans, which contain
projections of future results of operations or financial condition
or state other forward-looking information. Forward-looking
statements are subject to numerous conditions, many of which are
beyond the control of the Company, including those set forth in the
Risk Factors section of the Company's registration statement and
preliminary prospectus for the Company's offering filed with the
SEC. Copies of these documents are available on the SEC's website,
www.sec.gov. The Company undertakes no obligation to update these
statements for revisions or changes after the date of this release,
except as required by law.
For further information, please
contact:
U.S. Investor ContactAllison SossKCSA Strategic
Communicationsir_us@treasuregroup.co
Malaysian Investor
Contactsir_my@treasuregroup.co
Media ContactSue Chuah, Chief Marketing
OfficerTreasure Global
Incmediacontact@treasuregroup.co
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