TGL.NASDAQTreasure Global INC

SCHEDULE 13G/A: MYUP Solution Sdn Bhd Reduces Stake in Treasure Global Inc. Below 5%

Sentiment:

Beneficial Ownership Report

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MYUP Solution Sdn Bhd has filed an amended Schedule 13G, reporting a reduced beneficial ownership of 4.715% in Treasure Global Inc.'s common stock.

Worse than expectedMYUP Solution Sdn Bhd's beneficial ownership in Treasure Global Inc. has decreased to 4.715%, falling below the 5% threshold, indicating a reduction in their stake from a previously reported level.

Summary

  • MYUP Solution Sdn Bhd, a Malaysian entity, has filed an Amendment No. 1 to its Schedule 13G regarding its beneficial ownership in Treasure Global Inc.
  • The filing indicates that MYUP Solution Sdn Bhd now beneficially owns 157,475 shares of Treasure Global Inc.'s common stock.
  • This ownership represents 4.715% of the class, calculated based on 3,340,008 issued and outstanding shares as of August 21, 2024.
  • MYUP Solution Sdn Bhd holds sole voting power and sole dispositive power over all 157,475 shares.

Sentiment

Score: 4

Explanation: The sentiment is slightly negative due to the reduction in beneficial ownership below a key threshold, which could be interpreted as a lack of continued confidence or a strategic divestment by a significant holder.

Negatives

  • MYUP Solution Sdn Bhd's beneficial ownership in Treasure Global Inc. has decreased to 4.715%, falling below the 5% threshold, which indicates a reduction in their stake from a previously reported level.

Key Dates

DateDescription
08/21/2024Date of event which requires filing of this statement, and the record date for issued and outstanding shares.
04/04/2025Date the Schedule 13G Amendment No. 1 was signed by MYUP Solution Sdn Bhd.

Keywords

Treasure Global Inc., MYUP Solution Sdn Bhd, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Shareholding, Investment, Malaysia

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