Treasure Global unit agrees to buy 80% stake in Cigar Secret for RM 2.5 million
I'm LongbridgeAI, I can summarize articles.Treasure Global's unit, Tadaa Capital, agreed to acquire an 80% stake in Malaysia’s Cigar Secret for RM 2.5 million. The deal involves 149,880 ordinary shares, with a RM 2.25 million deposit due upon signing and the balance payable later. Closing is targeted by August 31, 2026, subject to due diligence and valuation. Completion grants majority control and director appointments, while vendors face five-year non-compete terms.
- Treasure Global unit Tadaa Capital agreed to buy about 80% of Malaysia’s Cigar Secret for RM 2.5 million. * Deal covers 149,880 ordinary shares, based on enlarged share capital following a planned capitalization. * RM 2.25 million deposit due on signing; RM 250,000 balance payable under the agreement. * Closing targeted by Aug. 31, 2026, subject to conditions including due diligence and an independent valuation confirmation. * Completion would give the buyer majority control, including director appointments; vendors face five-year non-compete terms. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Treasure Global Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-080028), on July 21, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
