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Trusted by
Acquiring Company
Treasure Global
Acquired Company
Platinum Recognition Sdn. Bhd
Description
On October 16, 2026, Treasure Global Inc entered into a Shares Sale Agreement to acquire Platinum Recognition Sdn. Bhd., a Malaysian budget hotel operator. The transaction consists of the purchase of 100% of PRSB’s issued shares from multiple vendors for a total consideration of RM2,400,000. Payments include an initial deposit and an escrow scheme for the remainder. This acquisition is part of Treasure Global's strategy to enhance its presence in the hospitality sector.
Fundz sees it the moment Treasure Global makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Platinum Recognition Sdn. Bhd?
Platinum Recognition Sdn. Bhd was acquired by Treasure Global, based in Delaware. The deal was reported on October 19, 2026. Treasure Global Inc is a Delaware corporation actively engaged in innovative technology and solutions for the financial sector. Treasure Global is privately held and operates in Financial Services.
When did Treasure Global acquire Platinum Recognition Sdn. Bhd?
Treasure Global's acquisition of Platinum Recognition Sdn. Bhd was reported on October 19, 2026. On October 16, 2026, Treasure Global Inc entered into a Shares Sale Agreement to acquire Platinum Recognition Sdn. Bhd., a Malaysian budget hotel operator. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Platinum Recognition Sdn. Bhd do?
Platinum Recognition Sdn. Bhd. is a Malaysian company that focuses on the budget hotel sector. It is known for operating the De Elements Business Hotel Kuala Lumpur, catering to both local and international tourists. It is privately held, operating in Hospitality, and is based in Kuala Lumpur.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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