Skip to main content

Landon Capital

Sagtec Global’s CEO and COO Acquire Shares from Existing Shareholders, Reinforcing Confidence in the Company's Long-Term Growth

KUALA LUMPUR, MALAYSIA,– Sagtec Global Limited (Nasdaq: SAGT) (“Sagtec” or the “Company”), a provider of AI-assisted software solutions and enterprise technology platforms, today announced that its Chief Executive Officer and major shareholder, Mr. Ng Chen Lok, has acquired 300,000 Class A ordinary shares of the Company from an existing public shareholder through a privately negotiated transaction completed on July 31, 2026.

The Company also announced that its Chief Operating Officer, Ms. Loong Xin Yee, acquired 62,500 Class A ordinary shares from an existing public shareholder through a privately negotiated transaction completed on July 31, 2026.

The insider purchases, totalling 362,500 Class A ordinary shares from existing public shareholder, reflect senior management’s continued confidence in Sagtec’s long-term business strategy, growth prospects, and commitment to creating sustainable value for shareholders.

Following the open market purchase, Mr. Ng Chen Lok’s beneficial ownership increased from 8,452,600 Class A ordinary shares to 8,752,600 Class A ordinary shares, while his holdings of 2,000,000 Class B ordinary shares remained unchanged. Ms. Loong Xin Yee’s beneficial ownership increased from 0 Class A Ordinary shares to 62,500 Class A ordinary shares.

Based on the Company’s current issued share capital, Mr. Ng Chen Lok’s ownership of the Company’s outstanding Class A ordinary shares increased from approximately 40.35% to 41.78%. In addition, his aggregate voting power increased from approximately 79.50% to 79.99%, reflecting the Company’s dual-class share structure, under which each Class A ordinary share is entitled to one vote and each Class B ordinary share is entitled to twenty votes. Meanwhile, Ms. Loong Xin Yee’s ownership of the Company’s outstanding Class A ordinary shares increased approximately to 0.30%.

 

“Our decision to increase our personal investment reflects our strong confidence in Sagtec’s long-term vision and future growth opportunities,” said Ng Chen Lok, Chief Executive Officer of Sagtec Global Limited. “We believe the Company is well-positioned to capitalize on the increasing demand for AI-assisted enterprise solutions, digital infrastructure, and technology innovation across Southeast Asia and beyond. We remain committed to executing our strategic initiatives and delivering sustainable long-term value for all shareholders.”

The purchases were made using the executives’ personal funds and were completed in accordance with applicable securities laws and Nasdaq listing requirements. Sagtec continues to execute its long-term growth strategy by expanding its AI ecosystem, strengthening its enterprise software offerings, investing in digital infrastructure, and pursuing strategic partnerships across high-growth markets.