VT Smart Venture Discloses 10M Share Stake in Treasure Global

TL;DR

**VT Smart Venture just bought 10M shares of Treasure Global, big news!**

AI Summary

VT Smart Venture Sdn Bhd, a Malaysian company, reported on January 18, 2024, that it beneficially owns 10,000,000 shares of Treasure Global Inc.'s Common Stock, representing a significant stake. This ownership was triggered by an event on December 19, 2023. This matters to investors because a large institutional holding can signal confidence in the company's future, potentially influencing stock stability and future strategic decisions.

Why It Matters

A new large shareholder like VT Smart Venture Sdn Bhd can bring stability and potentially influence the company's direction, which could impact stock performance.

Risk Assessment

Risk Level: low — This filing indicates a significant new shareholder, which generally reduces risk by showing institutional confidence.

Analyst Insight

Smart investors should monitor Treasure Global Inc. for potential positive price movements or strategic announcements following this significant institutional investment.

Key Numbers

• 10,000,000 — Shares Beneficially Owned (Represents the total number of shares of Treasure Global Inc. held by VT Smart Venture Sdn Bhd.)
• $0.00001 — Par Value per Share (The nominal value of each common stock share of Treasure Global Inc.)

Key Players & Entities

• VT SMART VENTURE SDN BHD (company) — reporting person and beneficial owner
• Treasure Global Inc (company) — issuer of the securities
• Malaysia (company) — place of organization for VT Smart Venture Sdn Bhd
• 10,000,000 (dollar_amount) — number of shares beneficially owned
• December 19, 2023 (person) — date of event requiring filing
• January 18, 2024 (person) — filing date

Forward-Looking Statements

• Treasure Global Inc. may experience increased investor confidence due to the significant stake taken by VT Smart Venture Sdn Bhd. (Treasure Global Inc.) — medium confidence, target: Next 6-12 months

FAQ

Key Financial Figures

• $0.00001 — me of Issuer) Common Stock, par value $0.00001 per share (Title of Class of Securiti

Filing Documents

• ea191396-13gvtsmart_treasure.htm (SC 13G) — 41KB
• 0001213900-24-004229.txt ( ) — 43KB

I f

Item 3. I f this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) Group, in accordance with §240.13d-1(b)(1)(ii)(J). 3 Item 4. (a) Amount beneficially owned : (i) VT SMART VENTURE SDN BHD owns 10,000,000 shares of Common Stock. (b) Percent of class : Based on 53,439,309 shares of common stock outstanding as reported in the Issuer’s prospectus filed with the Securities and Exchange Commission (the “SEC”) on November 30, 2023, pursuant to Rule 424(b)(4). (c) Number of shares as to which the person has : (i) Sole power to vote or to direct the vote : 10,000,000 (ii) Shared power to vote or to direct the vote : VT SMART VENTURE SDN BHD does not share voting power. (iii) Sole power to dispose or to direct the disposition : 10,000,000 (iv) Shared power to dispose or to direct the disposition : VT SMART VENTURE SDN BHD does not share disposition power.

Ownership of 5 Percent or Less of a

Item 5. Ownership of 5 Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following .

Ownership of More than 5 Percent on

Item 6. Ownership of More than 5 Percent on Behalf of Another Person. Other than as set forth herein, no other person has the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the securities reported herein.

Identification and Classification of

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not applicable.

Identification and Classification of

Item 8. Identification and Classification of Members of the Group Not applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group Not applicable.

Certifications

Item 10. Certifications Not applicable. 4

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: January 17, 2024 VT SMART VENTURE SDN BHD By: /s/ Tan Lian Hua Name: Tan Lian Hua Title: Director 5

View Full Filing

View this SC 13G filing on SEC EDGAR