SAGTEC Global (SAGT) CEO Discloses 8,752,600-Share 41.78% Stake
Rhea-AI Filing Summary
Ng Chen Lok, Chief Executive Officer, Chairman and Director of SAGTEC Global Limited, reports beneficial ownership of 8,752,600 Class A Ordinary Shares, representing 41.78% of the issued and outstanding Ordinary Shares. He holds sole voting and sole dispositive power over this entire position.
His stake reflects several 2026 share transactions, including a Private Subscription Agreement dated June 17, 2026 for 1,500,000 Class A Ordinary Shares at US$1.04 per share, for an aggregate US$1,560,000. He was awarded 415,000 Class A Ordinary Shares as supplemental equity compensation on May 15, 2026, and acquired 300,000 Class A Ordinary Shares from an existing public shareholder in a privately negotiated transaction completed July 31, 2026. The source of funds is described as personal funds and other (PF and OO). He states no current intention, plan or proposal regarding major corporate actions beyond his regular responsibilities as an executive and director.
Positive
- None.
Negative
- None.
Filing Explained
The completed July 31, 2026 transfer gave Ng Chen Lok 300,000 Class A shares from an existing public shareholder; it changes beneficial ownership reporting but does not add shares to SAGTEC Global or represent company proceeds.
Key Figures
Key Terms
beneficially owned financial
Private Subscription Agreement financial
supplemental equity compensation financial
sole voting and dispositive power financial
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