Treasure Global Acquires Quarters Elite, Terns Undisclosed; Treasure Global Sees $150M Revenue Potential From Acquisition

Treasure Global Inc. (NASDAQ:TGL) ("Treasure Global" or the "Company"), a Southeast Asia–anchored technology company, today announced the acquisition of Quarters Elite Advisory Sdn Bhd ("Quarters Elite"), a Malaysian financial advisory firm managing approximately USD 150 million in client assets through a nationwide network of more than 350 professional financial consultants serving nearly 3,000 clients. The acquisition adds established revenue streams to Treasure Global and strengthens the Company's OXI Wallet commercialization strategy by providing a cost-efficient channel for user acquisition and engagement across Southeast Asia.

Based on Quarters Elite's existing portfolio size and historical performance, Treasure Global believes the acquisition represents a potential long-term revenue opportunity of up to approximately USD 150 million. This opportunity is expected to be driven by leveraging Quarters Elite's advisory expertise across individual, family, SME, and corporate segments, and by increasing adoption of digital financial solutions within the Company's ecosystem.