SAGT to Acquire 60% Majority Stake in Fast-Growing F&B Chain Malaya Heritage, Expanding Revenue Base and Entering the Multi-Billion Global Restaurant Industry
SAGTEC GLOBAL LIMITED - Class A Ordinary shares (SAGT)
Company Research
Source: GlobeNewswire
KUALA LUMPUR, Malaysia, March 12, 2026 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ: SAGT) (“SAGT” or the “Company”), a technology innovator in POS systems, enterprise software, and AI-driven solutions, announced the signing of a term sheet for a 60% stake in Malaya Heritage Holding Limited (“Malaya Heritage”), the holding company of CNS Sdn. Bhd. and SS31 Kitchen Sdn. Bhd., operators of several established Malaysian heritage dining outlets. The investment is projected to drive 70% revenue growth in 2026 through operational optimization and strategic scaling initiatives. Malaya Heritage operates four heritage restaurant outlets in Malaysia, supported by a centralized production kitchen supplying ingredients and preparation processes across locations. For the financial year ended 30 June 2025, the two operating subsidiaries reported combined revenue of RM15,337,643.21 (USD 3,903,384.18), reflecting stable performance and a strong presence in the Malaysian heritage dining segmen
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News
- SAGT Launches SAGE AI, Secures USD 11 Million in Enterprise Contracts to Drive AI-Powered Restaurant Transformation Across Southeast Asia [Yahoo! Finance]Yahoo! Finance
- SAGT Launches SAGE AI, Secures USD 11 Million in Enterprise Contracts to Drive AI-Powered Restaurant Transformation Across Southeast AsiaGlobeNewswire
- Sagtec Global to acquire 60% stake in restaurant operator Malaya Heritage [Yahoo! Finance]Yahoo! Finance
- AI Software Specialist Surges 40% as Broader Markets Retreat [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- SAGT to Acquire 60% Majority Stake in Fast-Growing F&B Chain Malaya Heritage, Expanding Revenue Base and Entering the Multi-Billion Global Restaurant Industry [Yahoo! Finance]Yahoo! Finance
SAGT
Sec Filings
- 2/11/26 - Form 6-K
- 2/3/26 - Form 6-K
- 1/30/26 - Form S-8
- SAGT's page on the SEC website