The accompanying
unaudited condensed consolidated financial statements reflect the activities of TGL and each of the following entities.
| Name | | Background | | Ownership | | TADAA Technologies Sdn. Bhd (formerly known as ZCity Sdn Bhd and Gem Reward Sdn. Bhd.) (“TADAA Technologies”) | | ● ● ● | A Malaysian company Incorporated in June 2017 Operated O2O e-commerce platform known as ZCITY | | 100% owned by TGL | | TADAA Ventures Sdn. Bhd (formerly known as VWXYZ Venture Sdn. Bhd underwent a name change on July 29, 2025.) (“TADAA Ventures”) (1) (4) | | ● ● ● | A Malaysian company Incorporated in July 2024 Holding company | | 100% owned by TGL | | Bowlcrafted Sdn. Bhd. (“Bowlcrafted”) (2) (4) | | ● ● | A Malaysian company Incorporated in September 2025 | | 100% owned by TADAA Ventures | | TADAA Capital Sdn. Bhd (“TADAA Capital”) (3) | | ● ● | A Malaysian company Incorporated in August 2025 | | 100% owned by TGL |
| (1) | TADAA Ventures is a holding company incorporated in July 2024, under the laws of Malaysia. As of March 31,2026, TADAA Ventures has no substantive operations. |
| (2) | Bowlcrafted is a food and beverage company incorporated in September 2025, under the laws of Malaysia. As of March 31,2026, Bowlcrafted has no substantive operations. |
| (3) | TADAA Capital is a holding company incorporated in August 2025, under the laws of Malaysia. As of March 31,2026, TADAA Capital has no substantive operations. |
| (4) | On December 22, 2025, the Company entered into a Share Sale Agreement (“SPA”) with a third party (the “Buyer”) to dispose of its entire equity interest in Tadaa Ventures and its subsidiary Bowlcrafted. The consideration for the transaction consists of ordinary shares of Reveillon Group Limited with an agreed aggregate value of $1,400,000. Control of Tadaa Ventures and Bowlcrafted was transferred to the Buyer on February 10, 2026 (“Disposal Date”), and accordingly, both entities were deconsolidated from the Company’s unaudited condensed consolidated financial statements as of that date. As a result of the deconsolidation, the Company recognized a gain of $1,006,730. The Company determined that the deconsolidation does not meet the criteria for discontinued operations presentation in accordance with ASC 205-20, as the disposal does not represent a strategic shift that has a major effect on the Company’s operations or financial results. |
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