Sagtec Global Limited Strengthens Smart Property Development Collaboration Following Stateight Sdn Bhd’s Industry Recognition

Sagtec Global Limited (SAGT) said its partner Stateight Sdn Bhd won Asia Pacific Property Awards 2026–2027: Award Winner – Residential Development (20+ Units) Malaysia for Villa Permai.

Rhea-AI Summary

Sagtec Global Limited (SAGT) said its partner Stateight Sdn Bhd won Asia Pacific Property Awards 2026–2027: Award Winner – Residential Development (20+ Units) Malaysia for Villa Permai.

The recognition supports Sagtec’s previously announced participation in funding an 84-unit townhouse project, where Sagtec is expected to supply AI Smart Home technology, including automation, security, energy optimisation and connectivity solutions.

Positive

• Stateight award: Asia Pacific Property Awards 2026–2027 Winner for residential development
• Project scope: Sagtec linked to an 84-unit townhouse development opportunity
• Smart home integration: Planned inclusion of AI automation, security, energy optimisation, and connectivity

Negative

• No financial terms disclosed for Sagtec’s participation in the 84-unit project
• No revenue, delivery timetable, or binding contract value disclosed for the smart home implementation

Argus May 8 session

-5.49% close to close Open Argus

Details

News Market Reaction – SAGT

In the May 8 session, SAGT declined 5.49%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -5.5% in the session following this news. A negative reaction despite partnership-fo...

Analysis

The stock moved -5.5% in the session following this news. A negative reaction despite partnership-focused news would echo instances where positive AI updates did not translate into gains, such as the -3.45% move after announcing USD 11 million in SAGE AI contracts. Historically, other growth milestones, including record FY2025 revenue of US$19.1 million, coincided with a strong +27.65% move. Any sharp decline would need to be considered against the stock’s current level well below its 200-day MA and prior sensitivity to news flow.

Key Figures

FY2025 revenue: US$19.1 million Revenue growth: 49% Net profit: US$1.8 million +5 more

FY2025 revenue

US$19.1 million

Record revenue, fiscal year ended Dec 31, 2025

Revenue growth

49%

Year-over-year growth in FY2025 vs 2024

Net profit

US$1.8 million

Fiscal year 2025 net profit

EBITDA

US$3.4 million

FY2025 EBITDA with 17.8% margin

SAGE AI contracts

USD 11 million

Enterprise contracts announced Mar 13, 2026

Settlement amount

$250,000

Total payment under Confidential Settlement Agreement with Helena

CEO Class A shares

6,537,500 shares

Directly held Class A Ordinary Shares per Form 3

CEO Class B shares

2,000,000 shares

Directly held Class B Ordinary Shares per Form 3

Historical Context

5 past events · Latest: Apr 29

5 events

1. Apr 29

   Annual results

   24h Move

   +27.6%

   Record FY2025 revenue and profit growth following Nasdaq IPO.

2. Apr 28

   Earnings timing update

   24h Move

   -5.0%

   Correction to fiscal 2025 results announcement date and call details.

3. Apr 28

   Earnings date notice

   24h Move

   -5.0%

   Initial scheduling of fiscal 2025 results and webcast information.

4. Mar 30

   AI data center pivot

   24h Move

   +5.5%

   Plan for Sovereign AI Data Center using NVIDIA GPU architecture.

5. Mar 13

   AI product launch

   24h Move

   -3.5%

   Launch of SAGE AI and USD 11M in enterprise contracts.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

ai-powered, smart home, home automation systems, energy optimisation technologies

4 terms

ai-powered technical

"a leading provider of digital transformation and AI-powered solutions"

"AI-powered" describes technology that uses artificial intelligence to perform tasks, make decisions, or analyze information automatically. It’s similar to having a highly skilled assistant that can learn from data, recognize patterns, and improve over time, helping to make processes faster and more accurate. For investors, this means better insights and more efficient operations, potentially leading to smarter investment choices.

smart home technical

"expected to provide AI Smart Home technology solutions for the development"

A smart home is a residence fitted with internet-connected devices and systems that automate or let you remotely control lighting, temperature, security, appliances and entertainment, often learning occupants’ routines to run more efficiently. Investors care because smart-home products and services generate both one-time hardware sales and ongoing subscription or data-based income, and they indicate how quickly consumers adopt connected technology—like turning a house into a platform for new revenue streams.

home automation systems technical

"potentially including: AI-enabled home automation systemsSmart security"

Home automation systems are networks of internet-connected devices and software that let homeowners monitor and control lighting, heating, security, appliances and more from a central app or hub—think of a smartphone for the whole house. For investors, they matter because they create recurring revenue from device sales, subscriptions and services, drive demand for related hardware and software, and can boost margins and customer loyalty as more homes adopt connected features.

energy optimisation technologies technical

"Smart security and access managementEnergy optimisation technologiesDigital lifestyle"

Energy optimisation technologies are tools, systems and software that reduce how much energy a building, factory or device uses while keeping performance the same or better—think of them as a smarter thermostat and route planner combined for power. They matter to investors because they lower operating costs, reduce exposure to energy price swings and regulations, and can unlock new revenue or valuation uplift through efficiency gains and sustainability credentials.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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KUALA LUMPUR, Malaysia, May 08, 2026 (GLOBE NEWSWIRE) -- Sagtec Global Limited (“Sagtec” or the “Company”), a leading provider of digital transformation and AI-powered solutions, is pleased to announce that its strategic partner, Stateight Sdn Bhd (“Stateight”), has been recognised at the prestigious Asia Pacific Property Awards 2026–2027.

Stateight received the Award Winner – Residential Development (20+ Units) Malaysia accolade from the Asia Pacific Property Awards 2026–2027 for its Villa Permai development project, in recognition of excellence in residential property development, project quality, and innovation. 

The recognition further reinforces confidence in Sagtec’s previously announced participation in the funding of an 84-unit townhouse development project, where the Company is also expected to provide AI Smart Home technology solutions for the development.

The award demonstrates Stateight’s proven capability and experience in delivering quality residential developments, aligning with Sagtec’s vision of integrating intelligent smart living technologies into modern housing communities.

Strengthening Smart Property Development Collaboration

As part of the collaboration, Sagtec intends to integrate its AI-powered smart home ecosystem into the upcoming townhouse development, potentially including:

• AI-enabled home automation systems
• Smart security and access management
• Energy optimisation technologies
• Digital lifestyle and connectivity solutions
  

The collaboration reflects Sagtec’s continued expansion into the smart property development sector, combining real estate opportunities with scalable AI and digital infrastructure solutions.

Management Commentary

Kevin Ng, Chief Executive Officer of Sagtec Global Limited, commented:

“We congratulate Stateight Sdn Bhd on receiving this prestigious industry recognition from the Asia Pacific Property Awards. This achievement reinforces our confidence in the partnership and highlights the quality and credibility of the development team behind the project. We believe the combination of Stateight’s property development expertise and Sagtec’s AI Smart Home technology solutions will create meaningful value for future homeowners and stakeholders.”

About the Asia Pacific Property Awards

The Asia Pacific Property Awards 2026–2027 is one of the region’s most recognised and respected property industry award programmes, celebrating excellence in architecture, real estate development, interior design, and property innovation across the Asia Pacific region.

The awards are judged by an independent panel of industry experts and recognise companies that demonstrate outstanding achievement in areas such as project quality, design, innovation, sustainability, and overall development standards. Winning developers are selected based on rigorous evaluation criteria and industry benchmarking.

Stateight Sdn Bhd’s recognition under the Residential Development (20+ Units) Malaysia category reflects the company’s capability and track record in delivering quality residential developments that meet evolving market expectations.

About Sagtec Global Limited

Sagtec Global Limited (NASDAQ: SAGT) is a leading provider of digital transformation and SaaS solutions, empowering over 12,000 businesses across Southeast Asia with the tools to enhance efficiency, automation, and market competitiveness. For more information on the Company, please log on to https://www.sagtec-global.com/.

About Stateight Sdn Bhd

Stateight Sdn Bhd is a Malaysian property development company focused on residential real estate projects, including the planning, construction, and delivery of contemporary housing solutions. With a track record in developing quality township and landed housing developments, Stateight partners with stakeholders to create sustainable communities that meet modern living standards. For more information on the company and its projects, visit its official channels and corporate profiles.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Company’s current expectations, estimates and projections about its business, industry and future results, and involve known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements may include, but are not limited to, statements regarding the expected scope, performance, timing and benefits of the Platform, the Company’s ability to deliver the project as contemplated, and the anticipated impact of the agreement on the Company’s business and financial condition. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by law.

Contact Information:

Sagtec Global Limited Contact:
Zainab Fateema binti Mustafa
Head of Public Relations & Corporate Affairs
Telephone +6011-6217 3661
Email: info.pr@sagtec-global.com

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/35fcec1b-cd6e-4ad2-8725-eda15d0a5f31
https://www.globenewswire.com/NewsRoom/AttachmentNg/03b5e8a2-8b9c-4580-90b1-82629781bbea
https://www.globenewswire.com/NewsRoom/AttachmentNg/5d525b33-5153-45d2-bac9-31a702bd6d9f

A video accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/cf8bca1f-492c-417c-a6d7-a4fa9934a310

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Sagtec (SAGT) announce on May 8, 2026 about Stateight’s award?

Sagtec announced Stateight won the Asia Pacific Property Awards 2026–2027 for residential development. According to Sagtec, the award recognises Villa Permai’s project quality and development excellence and reinforces confidence in their partnership.

Will Sagtec (SAGT) provide technology for the 84-unit townhouse project?

Yes, Sagtec is expected to provide AI Smart Home technology for the 84-unit project. According to Sagtec, planned systems include AI automation, smart security, energy optimisation and digital connectivity solutions.

Does Sagtec (SAGT) disclose funding terms for the townhouse development?

No, Sagtec did not disclose funding amounts or contractual financial terms for the project. According to Sagtec, the company previously announced participation but has not provided specific monetary or timetable details.

How does Stateight’s award affect Sagtec’s smart property strategy (SAGT)?

The award strengthens Sagtec’s partnership credibility in smart property development. According to Sagtec, the recognition aligns with its strategy to integrate AI smart-living technologies into residential projects.

What AI smart home features is Sagtec (SAGT) planning to integrate in the development?

Sagtec intends to include AI-enabled home automation, smart security and access, energy optimisation, and digital lifestyle connectivity. According to Sagtec, these components form its AI-powered smart home ecosystem for the project.

Is there a timeline for when Sagtec (SAGT) will deploy smart home systems for the townhouse project?

No specific deployment timeline was provided in the announcement. According to Sagtec, integration is planned for the upcoming development, but exact dates and delivery schedules were not disclosed.