Malaysia's Treasure Global closes Nasdaq IPO


FILE PHOTO: A view of the exterior of the Nasdaq market site in the Manhattan borough of New York City

KUALA LUMPUR: Malaysia’s e-commerce platform company Treasure Global Inc today announced the closing of its upsized initial public offering (IPO) of 2.30 million shares of its common stock at a public offering price of US$4 per share, for aggregate gross proceeds of about US$9.2 million. (US$1=RM4.45)

The company said its common stock began trading on the Nasdaq capital market on Aug 11, 2022, under the symbol "TGL”.

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