Executive equity awards at Sagtec Global (Nasdaq: SAGT) add 480,000 restricted shares
Rhea-AI Filing Summary
Sagtec Global Limited granted supplemental equity compensation in the form of restricted Class A ordinary shares to its CEO, CFO, and CTO for service during the 2026 financial year. The fair value per share was based on the Nasdaq closing price of USD 0.934 on May 15, 2026.
The CEO, Ng Chen Lok, received 415,000 restricted shares valued at about USD 387,609. The CFO, Zuria Hajar binti Mohd Adnan, received 15,000 shares valued at about USD 14,001, and the CTO, Tan Kim Chuan, received 50,000 shares valued at about USD 46,700. These shares vest on the grant date, subject to continued service, and carry a six‑month restriction period from issuance.
After issuing these awards, Sagtec Global Limited had 19,050,000 Class A ordinary shares issued and outstanding. The company will account for the grants as equity‑settled share‑based compensation under IFRS 2 Share‑based Payment.
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Key Figures
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supplemental equity compensation financial
grant date financial
vesting financial
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2026
Commission File Number: 001-42551
SAGTEC GLOBAL LIMITED
(Registrant’s Name)
Lot 6-2, Level 9, Equatorial Plaza,
Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
On May 15, 2026, the Compensation Committee and the Board of Directors of Sagtec Global Limited (the “Company”) approved the issuance of restricted Class A ordinary shares to the following individuals as supplemental equity compensation for their continued service to the Company during the 2026 financial year. The fair value per share was determined based on the closing market price of the Company’s Class A Ordinary Shares on the Nasdaq Stock Market on May 15, 2026, being USD 0.934 per share:
| (i) | 415,000 restricted Class A ordinary shares to Ng Chen Lok, Chief Executive Officer, valued at approximately USD 387,609 (RM1,531,520), subject to a six-month restriction period from the date of issuance; |
| (ii) | 15,000 restricted Class A ordinary shares to Zuria Hajar binti Mohd Adnan, Chief Financial Officer, valued at approximately USD 14,001 (RM55,360), subject to a six-month restriction period from the date of issuance; |
| (iii) | 50,000 restricted Class A ordinary shares to Tan Kim Chuan, Chief Technology Officer, valued at approximately USD 46,700 (RM184,520), subject to a six-month restriction period from the date of issuance. |
On May 1, 2026, the Company entered into supplemental equity compensation agreements (the “Supplemental Agreements”) with each of the above individuals to formally effect the grant of the respective Class A ordinary shares, with a grant date of May 15, 2026. The shares vest on the grant date, subject to continued service with the Company. The shares are subject to transfer restrictions in accordance with applicable securities laws and the Company’s governing documents. Upon completion of the share issuance described above, the Company has 19,050,000 Class A ordinary shares issued and outstanding as of the date hereof.
The Supplemental Agreements are filed as Exhibits 99.1, 99.2, and 99.3 to this Report on Form 6-K and are incorporated herein by reference.
EXHIBITS
| Exhibit 99.1 – | Supplemental Equity Compensation Agreement, dated May 1, 2026, between the Company and Ng Chen Lok |
| Exhibit 99.2 – | Supplemental Equity Compensation Agreement, dated May 1, 2026, between the Company and Zuria Hajar binti Mohd Adnan |
| Exhibit 99.3 – | Supplemental Equity Compensation Agreement, dated May 1, 2026, between the Company and Tan Kim Chuan |
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| SAGTEC GLOBAL LIMITED | ||
| By: | /s/ Ng Chen Lok | |
| Name: | Ng Chen Lok | |
| Title: | Chairman, Chief Executive Officer and Executive Director | |
Date: June 12, 2026
2
Exhibit 99.1
SAGTEC GLOBAL LIMITED (BVI: 2135152)
(Nasdaq: SAGT)
No. 43-2, Jalan Besar Kepong, 52100 Kepong, W.P Kuala Lumpur
PRIVATE AND CONFIDENTIAL
01.05.2026
NG CHEN LOK (NRIC: 870203-06-5701)
A 2482 TAMAN TAS PUTRA
JALAN KAMPUNG BHARU
25100 KUANTAN
PAHANG
Dear Ng Chen Lok,
OFFER LETTER – SUPPLEMENTAL EQUITY COMPENSATION
The Board of Directors of Sagtec Global Limited (the “Company”) are pleased to offer you supplemental equity-based compensation in connection with your role as Chief Executive Officer (“CEO”) of the Company, effective 15 May 2026.
This supplemental equity compensation is intended to reward your continued leadership and services to the Company and its subsidiaries during the 2026 financial year and shall be governed by the terms set forth in this letter.
Supplemental Equity Compensation
In connection with your appointment as CEO, the Board of Directors has approved additional equity-based compensation for the 2026 financial year. This equity compensation is supplemental to, and does not replace, your existing employment agreement, compensation structure, or cash remuneration arrangements previously approved by the Company. Pursuant to this arrangement, the Company shall grant you restricted Class A Ordinary Shares of the Company as supplemental compensation for services rendered during the 2026 financial year.
Equity Grant Details
| Item | Details |
| Position | : Chief Executive Officer |
| Supplemental Equity Compensation Value | : RM1,531,520 (approximately USD 387,609 based |
| on an exchange rate of 3.9512 as at 15.05.2026) | |
| Service Period | : 1 May 2026 – 31 December 2026 |
| Share Class | : Class A Ordinary Shares |
| Fair Value per Share | : USD 0.934 |
| Total Shares to be | : 415,000 shares |
| Grant Date | : 15 May 2026 |
SAGTEC GLOBAL LIMITED (BVI: 2135152)
(Nasdaq: SAGT)
No. 43-2, Jalan Besar Kepong, 52100 Kepong, W.P Kuala Lumpur
The number of shares has been determined by converting the annual salary value into U.S. dollars and dividing the resulting amount by the fair value per share of USD 0.9340.
Market Price Reference
The Class A Ordinary Shares of the Company are listed on Nasdaq Stock Exchange under the ticker symbol “SAGT”.
The fair value per share used in determining the number of shares issued under this Agreement is based on the closing market price of the Company’s Class A Ordinary Shares on 15 May 2026, being the last trading day preceding the Grant Date.
Vesting
The restricted shares granted under this Agreement shall vest on 15 May 2026, subject to your continued service with the Company through the vesting date.
Issuance of Shares
The Company may issue the shares in a single issuance following the execution of this Agreement in satisfaction of the approved supplemental equity compensation for the 2026 financial year.
Transfer Restrictions
The shares granted under this Agreement may not be transferred except in accordance with applicable securities laws and the Company’s governing documents.
Existing Employment Arrangements
Except as expressly set forth herein, this letter does not amend, replace, or terminate any existing employment agreement or compensation arrangement between you and the Company.
Accounting Treatment
The Company shall account for this Agreement as equity-settled share-based compensation in accordance with IFRS 2 Share-based Payment
2
SAGTEC GLOBAL LIMITED (BVI: 2135152)
(Nasdaq: SAGT)
No. 43-2, Jalan Besar Kepong, 52100 Kepong, W.P Kuala Lumpur
Acceptance
Please confirm your acceptance of this offer and the terms of your appointment by signing and returning this letter.
We look forward to your continued leadership in guiding the Company and its subsidiaries.
Sincerely,
SAGTEC GLOBAL LIMITED
| /s/ Zuria Hajar binti Mohd Adnan | |
| Zuria Hajar binti Mohd Adnan | |
| Director | |
Accepted and agreed:
|
|
| /s/ Ng Chen Lok | |
| Ng Chen Lok | |
| Group Chief Executive Officer |
3
Exhibit 99.2
SAGTEC GLOBAL LIMITED (BVI: 2135152)
(Nasdaq: SAGT)
No. 43-2, Jalan Besar Kepong, 52100 Kepong, W.P Kuala Lumpur
PRIVATE AND CONFIDENTIAL
01.05.2026
ZURIA HAJAR BINTI MOHD ADNAN
(NRIC: 930305-03-6524)
LOT 563, JALAN HILIR MASJID
KG SLOW MACHANG,
17000 PASIR MAS,
KELANTAN
Dear Zuria Hajar,
OFFER LETTER – SUPPLEMENTAL EQUITY COMPENSATION
The Board of Directors of Sagtec Global Limited (the “Company”) are pleased to offer you supplemental equity-based compensation in connection with your role as Chief Financial Officer (“CFO”) of the Company, effective 15 May 2026.
This supplemental equity compensation is intended to reward your continued leadership and services to the Company and its subsidiaries during the 2026 financial year and shall be governed by the terms set forth in this letter.
Supplemental Equity Compensation
In connection with your role as CFO, the Board of Directors has approved additional equity-based compensation for the 2026 financial year. This equity compensation is supplemental to, and does not replace, your existing employment agreement, compensation structure, or cash remuneration arrangements previously approved by the Company. Pursuant to this arrangement, the Company shall grant you restricted Class A Ordinary Shares of the Company as supplemental compensation for services rendered during the 2026 financial year.
Equity Grant Details
| Item | Details |
| Position | : Chief Financial Officer |
| Supplemental Equity Compensation Value | : RM55,360 (approximately USD 14,001 based on an |
| exchange rate of 3.9512 as at 15.05.2026) | |
| Service Period | : 1 May 2026 – 31 December 2026 |
| Share Class | : Class A Ordinary Shares |
| Fair Value per Share | : USD 0.9340 |
| Total Shares to be | : 15,000 shares |
| Grant Date | : 15 May 2026 |
SAGTEC GLOBAL LIMITED (BVI: 2135152)
(Nasdaq: SAGT)
No. 43-2, Jalan Besar Kepong, 52100 Kepong, W.P Kuala Lumpur
The number of shares has been determined by converting the annual salary value into U.S. dollars and dividing the resulting amount by the fair value per share of USD 0.9340.
Market Price Reference
The Class A Ordinary Shares of the Company are listed on the Nasdaq Stock Market under the ticker symbol “SAGT”.
The fair value per share used in determining the number of shares granted under this letter is based on the closing market price of the Company’s Class A Ordinary Shares on 15 May 2026, being the last trading day preceding the Grant Date.
Vesting
The restricted shares granted under this letter shall vest on 15 May 2026, subject to your continued service with the Company through the vesting date.
Issuance of Shares
The Company may issue the shares in a single issuance following the execution of this letter in satisfaction of the approved supplemental equity compensation for the 2026 financial year.
Transfer Restrictions
The shares granted under this letter may not be transferred except in accordance with applicable securities laws and the Company’s governing documents.
Existing Employment Arrangements
Except as expressly set forth herein, this letter does not amend, replace, or terminate any existing employment agreement or compensation arrangement between you and the Company.
Accounting Treatment
The Company shall account for this arrangement as equity-settled share-based compensation in accordance with IFRS 2 – Share-based Payment.
2
SAGTEC GLOBAL LIMITED (BVI: 2135152)
(Nasdaq: SAGT)
No. 43-2, Jalan Besar Kepong, 52100 Kepong, W.P Kuala Lumpur
Acceptance
Please confirm your acceptance of this offer and the terms of your appointment by signing and returning this letter.
We look forward to your continued leadership in guiding the Company and its subsidiaries.
Sincerely,
SAGTEC GLOBAL LIMITED
| /s/ Ng Chen Lok | |
| Ng Chen Lok | |
| Director | |
| Accepted and agreed: | |
| /s/ Zuria Hajar binti Mohd Adnan | |
| Zuria Hajar binti Mohd Adnan | |
| Group Chief Financial Officer |
3
Exhibit 99.3
SAGTEC GLOBAL LIMITED (BVI: 2135152)
(Nasdaq: SAGT)
No. 43-2, Jalan Besar Kepong, 52100 Kepong, W.P Kuala Lumpur
PRIVATE AND CONFIDENTIAL
01.05.2026
TAN KIM CHUAN (NRIC: 800321-04-5281)
B-43A-10 UNITED POINT RESIDENCE,
JALAN LANG EMAS, KEPONG,
51200 KUALA LUMPUR, MALAYSIA
Dear Tan Kim Chuan,
OFFER LETTER – SUPPLEMENTAL EQUITY COMPENSATION
The Board of Directors of Sagtec Global Limited (the “Company”) are pleased to offer you supplemental equity-based compensation in connection with your role as Chief Technology Officer (“CTO”) of the Company, effective 15 May 2026.
This supplemental equity compensation is intended to reward your continued leadership and services to the Company and its subsidiaries during the 2026 financial year and shall be governed by the terms set forth in this letter.
Supplemental Equity Compensation
In connection with your appointment as CTO, the Board of Directors has approved additional equity-based compensation for the 2026 financial year. This equity compensation is supplemental to, and does not replace, your existing employment agreement, compensation structure, or cash remuneration arrangements previously approved by the Company. Pursuant to this arrangement, the Company shall grant you restricted Class A Ordinary Shares of the Company as supplemental compensation for services rendered during the 2026 financial year.
Equity Grant Details
| Item | Details |
| Position | : Chief Technology Officer |
| Supplemental Equity Compensation Value | : RM184,520 (approximately USD 46,700 based |
| on an exchange rate of 3.9512 as at 15.05.2026) | |
| Service Period | : 1 May 2026 – 31 December 2026 |
| Share Class | : Class A Ordinary Shares |
| Fair Value per Share | : USD 0.934 |
| Total Shares to be | : 50,000 shares |
| Grant Date | : 15 May 2026 |
SAGTEC GLOBAL LIMITED (BVI: 2135152)
(Nasdaq: SAGT)
No. 43-2, Jalan Besar Kepong, 52100 Kepong, W.P Kuala Lumpur
The number of shares has been determined by converting the annual salary value into U.S. dollars and dividing the resulting amount by the fair value per share of USD 0.9340.
Market Price Reference
The Class A Ordinary Shares of the Company are listed on Nasdaq Stock Exchange under the ticker symbol “SAGT”.
The fair value per share used in determining the number of shares issued under this Agreement is based on the closing market price of the Company’s Class A Ordinary Shares on 15 May 2026, being the last trading day preceding the Grant Date.
Vesting
The restricted shares granted under this Agreement shall vest on 15 May 2026, subject to your continued service with the Company through the vesting date.
Issuance of Shares
The Company may issue the shares in a single issuance following the execution of this Agreement in satisfaction of the approved supplemental equity compensation for the 2026 financial year.
Transfer Restrictions
The shares granted under this Agreement may not be transferred except in accordance with applicable securities laws and the Company’s governing documents.
Existing Employment Arrangements
Except as expressly set forth herein, this letter does not amend, replace, or terminate any existing employment agreement or compensation arrangement between you and the Company.
Accounting Treatment
The Company shall account for this Agreement as equity-settled share-based compensation in accordance with IFRS 2 Share-based Payment
2
SAGTEC GLOBAL LIMITED (BVI: 2135152)
(Nasdaq: SAGT)
No. 43-2, Jalan Besar Kepong, 52100 Kepong, W.P Kuala Lumpur
Acceptance
Please confirm your acceptance of this offer and the terms of your appointment by signing and returning this letter.
We look forward to your continued leadership in guiding the Company and its subsidiaries.
Sincerely,
SAGTEC GLOBAL LIMITED
| /s/ Zuria Hajar binti Mohd Adnan | |
| Zuria Hajar binti Mohd Adnan | |
| Director | |
| Accepted and agreed: | |
| /s/ Tan Kim Chuan | |
| Tan Kim Chuan | |
| Chief Technology Officer |
3