Treasure Global Secures AUD 300,000 GPU Purchase Order from I Synergy Under Existing SPA

Treasure Global Inc. (TGL) has received a AUD 300,000 purchase order for GPUs from I Synergy Group Limited (ASX: IS3) under their Sale and Purchase Agreement (SPA) signed on August 14, 2025. This order represents the first milestone under the SPA and supports I Synergy's development of AI-enabled blockchain and cloud platforms in the Asia-Pacific region. The partnership aims to strengthen AI, blockchain, and cloud infrastructure in the Asia-Pacific region.

KUALA LUMPUR, Malaysia, Aug. 14, 2025 (GLOBE NEWSWIRE) — Treasure Global Inc. (NASDAQ: TGL) has received a significant purchase order from I Synergy Group Limited (ASX: IS3) for high-performance GPUs and AI software. This AUD 300,000 order marks the first execution milestone under their Sale and Purchase Agreement (SPA) signed on August 14, 2025. The GPUs and AI software will support I Synergy's AI-enabled blockchain and cloud platform development, aligning with Treasure Global’s AI cloud infrastructure strategy launched in March 2025.

The GPUs and AI software will serve as the backbone of I Synergy’s next-generation platform, enabling AI model training, real-time data processing, and blockchain-powered applications such as its flagship WYDE system. This infrastructure will reduce I Synergy's dependence on third-party cloud providers while enabling advanced AI workloads. The purchase order is a crucial step in operationalizing Treasure Global’s AI infrastructure strategy and reflects the company’s transition from conceptual AI strategies to tangible contracts and deliveries.

Carlson Thow, Chief Executive Officer of Treasure Global, stated, “We are delivering on our strategic agreements and turning our AI infrastructure strategy into operational reality. This milestone reflects our commitment to building AI and cloud solutions that will enable Malaysia’s next phase of digital transformation while creating long-term value for our stakeholders.”

Anson Heng, Managing Director of I Synergy, added, “Treasure Global’s proven delivery capabilities and robust technology stack give us confidence in achieving our AI-powered blockchain and cloud objectives. This order marks a pivotal step in operationalizing our platform vision and meeting the needs of Malaysia’s growing digital economy.”

This purchase order marks the first in a series of anticipated deliveries under the SPA dated August 14. Treasure Global remains focused on expanding its AI/GPU business as a growth driver and diversification stream alongside its existing technology platforms, and will continue executing its AI infrastructure strategy while pursuing opportunities that deliver value to partners, customers, and shareholders.

References:
[1] https://finance.yahoo.com/news/treasure-global-receives-aud-300-133000824.html
[2] https://www.ainvest.com/news/treasure-global-receives-aud-300-000-gpu-order-synergy-ai-cloud-infrastructure-build-malaysia-2508/