Treasure Global unit agrees to buy 80% stake in Cigar Secret for RM 2.5 million

Treasure Global unit Tadaa Capital agreed to buy about 80% of Malaysia’s Cigar Secret for RM 2.5 million.

• The deal covers 149,880 ordinary shares, based on enlarged share capital following a planned capitalization.
• RM 2.25 million deposit is due on signing; the remaining RM 250,000 is payable under the agreement.
• Closing is targeted by Aug. 31, 2026, subject to conditions including due diligence and an independent valuation confirmation.
• Completion would give the buyer majority control, including director appointments; vendors face five-year non-compete terms.