India, April 16 -- Shares of Treasure Global Inc. (TGL) nearly doubled on Wednesday morning after the company announced an exclusive strategic partnership with Mezzofy (Hong Kong) Limited, a digital coupon management solutions company.
TGL is currently trading at $4.1400, up $2.0600 or 99.0385%, on a huge volume of 48 million shares, above average volume of 354 thousand, on the Nasdaq. The stock opened its trading at $3.6900 after closing Tuesday at $2.0800. The stock has traded between $1.7100 and $300.0000 in the past 52-week period.
Under this agreement, Treasure Global becomes the sole distributor of Mezzofy's platform in Malaysia, positioning the company to capture approximately $2 million to $4 million in recurring annual revenue wi...