Darren Tan
About Darren Tan
Kok Pin “Darren” Tan (age 41) is an independent, non‑executive director of Treasure Global Inc. (TGL) appointed effective July 5, 2024, following a Board resolution on July 4, 2024 . He previously served as Managing Director of Ezytronic Sdn Bhd (2007–Jan 2015) and COO of E‑Gate Services Sdn Bhd (2015–2017), and advised TGL from March 2020 to June 2024; he holds a Bachelor’s degree in building management (Sheffield Hallam University, 2006) and a Ph.D. in strategic financial management (Global University of Lifelong Learning) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Ezytronic Sdn Bhd | Managing Director | 2007 – Jan 2015 | Oversaw operations and strategic direction focused on growth and profitability |
| E-Gate Services Sdn Bhd | Chief Operating Officer | Jun 2015 – Jul 2017 | Managed day-to-day operations to meet organizational goals |
| Treasure Global Inc. | Advisor | Mar 2020 – Jun 2024 | Provided business insights prior to Board appointment |
External Roles
- No other public company directorships disclosed in TGL filings for Darren Tan .
Board Governance
- Committee assignments and chair roles: Chair, Nominating & Corporate Governance; Member, Audit; Member, Compensation .
- Independence: The Board determined Darren Tan is independent under Nasdaq rules .
- Attendance: For FY 2025, the Board acted by unanimous written consent six times; each director (including Tan) attended at least 100% of Board and committee meetings held during their service period .
- Audit Committee cadence: Audit Committee met four times in FY 2024 and holds private sessions with auditors and executive sessions of committee members .
Fixed Compensation
| Component | Detail | Terms / Notes |
|---|---|---|
| Monthly director fee (RM) | RM 5,000 | Payable by the 7th day of the following month |
| Term of appointment | Until the next annual meeting or earlier termination per bylaws | |
| Non-compete / non-solicit | Non-compete during service; non‑solicitation for one year post‑resignation | |
| Expenses | Reimbursement of reasonable expenses per policy | |
| D&O insurance | Named as insured on the Company’s D&O policy | |
| FY 2025 director compensation (USD) | Salary per director: $1,136; Total per director: $12,500 | Only independent directors receive board compensation; no options granted FY 2025 |
Note: An 8-K appointment letter for a different non‑executive director (Datin Nurfatin) disclosed RM 3,000 monthly; Tan’s letter specifies RM 5,000 monthly .
Performance Compensation
| Metric | FY 2025 Status | Notes |
|---|---|---|
| Stock options | None granted during FY 2025 | Company disclosed no option grants in FY 2025 |
| Outstanding equity awards at 6/30/2025 | None outstanding | Future grants under equity plan at Board discretion |
| Director RSUs/PSUs | Not disclosed | No RSU/PSU awards disclosed for directors in cited filings |
| Performance metrics (TSR, EBITDA, ESG) | Not disclosed | No director performance metrics tied to pay disclosed |
Other Directorships & Interlocks
| Company | Role | Committee Positions | Interlocks/Notes |
|---|---|---|---|
| None disclosed | — | — | No external public boards disclosed in biographies |
Expertise & Qualifications
- Entrepreneurial and operating leadership: Managing Director and COO experience in Malaysia with emphasis on operational efficiency and growth .
- Strategic financial management: Ph.D. credential in strategic financial management; governance leadership as Nominating & Governance Chair .
- Board literacy: Audit Committee composition indicates financial literacy requirements met across members ; Tan serves on the Audit Committee .
Equity Ownership
| Snapshot Date | Shares Beneficially Owned | Percent of Shares Outstanding | Shares Outstanding Basis |
|---|---|---|---|
| Record Date (as of 2025-07-10) | 0 | — | 4,149,405 |
| As of 2025-10-14 (10-K disclosure date) | 0 | — | 8,490,187 |
| Record Date (as of 2025-10-27) | 0 | — | 12,649,982 |
| Record Date (as of 2025-11-14) | 0 | * (<1%) | 16,962,004 |
Governance Assessment
-
Strengths:
- Independence and multi-committee service with chair responsibility for Nominating & Corporate Governance, supporting board refreshment and oversight .
- Documented 100% attendance for FY 2025, indicating engagement; Audit Committee holds executive and auditor-only sessions, enhancing oversight .
- No related‑party transactions >$120,000 disclosed since July 1, 2023, reducing conflict risk .
-
Watch items / red flags:
- Zero reported share ownership across multiple record dates may signal lower direct alignment with shareholders for an independent director .
- Prior advisory relationship to TGL (Mar 2020–Jun 2024) before board appointment could present familiarity risks, though the Board affirmed independence under Nasdaq rules .
- Compensation appears primarily cash retainer (RM 5,000/month) with no disclosed performance‑linked equity for FY 2025, limiting pay‑for‑performance linkage for directors .
Overall, Darren Tan is positioned as an independent director with active committee participation and governance leadership; however, the absence of equity ownership and prior advisory ties merit monitoring from an investor‑confidence perspective .