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Sagtec Global Signs Term Sheet To Acquired 60% Equity In Malaya Heritage Holding For $3M

Benzinga·03/12/2026 15:35:07
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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.