Treasure Global Amends Partnership Agreement With Credilab, Adjusting Profit-Sharing Ratio From 1/3 To 1/2; Filed Supplement Letter With SEC As Amendment To Original 8-K
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Treasure Global has amended its partnership agreement with Credilab, changing the profit-sharing ratio from 1/3 to 1/2. This amendment has been filed with the SEC as a supplement to the original 8-K filing.
October 30, 2024 | 4:19 pm
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Treasure Global has revised its partnership terms with Credilab, increasing its share of profits from 1/3 to 1/2. This change is formalized through an SEC filing.
The increase in profit-sharing ratio from 1/3 to 1/2 suggests a more favorable financial arrangement for Treasure Global, potentially leading to higher revenues. The formal SEC filing adds credibility and transparency to the amendment.
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