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SAGTEC Global (SAGT) CEO lifts ownership to 41.13% with new share deal

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

SAGTEC Global Limited filed an amended Schedule 13D showing that Chief Executive Officer, Chairman and Director Ng Chen Lok has increased his beneficial ownership of the company’s Class A Ordinary Shares. He now beneficially owns 8,452,600 shares, representing 41.13% of the issued and outstanding Ordinary Shares.

The filing explains that on June 17, 2026, Ng entered into a Private Subscription Agreement to purchase 1,500,000 Class A Ordinary Shares at US$1.04 per share, for an aggregate subscription amount of US$1,560,000. In addition, on May 15, 2026, he was granted 415,000 Class A Ordinary Shares as supplemental equity compensation for his continued service during the 2026 financial year.

Following these transactions, Ng holds sole voting and dispositive power over all 8,452,600 shares reported. The filing states that, apart from the transactions described, he has no current plans or proposals regarding major corporate actions, though in his leadership roles he may discuss such matters with the company and others.

Positive

  • None.

Negative

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Insights

CEO’s increased 41.13% stake tightens insider control but adds alignment.

The filing shows CEO Ng Chen Lok expanding his position in SAGTEC Global Limited to 8,452,600 Class A Ordinary Shares, or 41.13% of outstanding Ordinary Shares. This includes a US$1,560,000 cash subscription for 1,500,000 shares at US$1.04 and 415,000 compensation shares.

A stake above 40% gives Ng significant influence over shareholder votes, reinforcing insider control. At the same time, his substantial personal investment and equity compensation further tie his interests to long-term share performance. Actual governance outcomes will depend on how this influence is exercised in future company decisions.

Investors evaluating SAGTEC can use this amended Schedule 13D as a reference for ownership structure as of June 17, 2026, particularly when considering voting dynamics in any future corporate actions disclosed in subsequent filings.

CEO total beneficial ownership 8,452,600 shares Class A Ordinary Shares beneficially owned as of filing
Ownership percentage 41.13% Portion of issued and outstanding Ordinary Shares
Private subscription shares 1,500,000 shares Purchased under Private Subscription Agreement on June 17, 2026
Subscription price per share US$1.04 per share Purchase price for 1,500,000 Class A Ordinary Shares
Aggregate subscription amount US$1,560,000 Total paid for 1,500,000 shares in private subscription
Supplemental compensation shares 415,000 shares Awarded on May 15, 2026 for continued service in 2026
Sole voting power 8,452,600 shares Shares over which CEO has sole voting power
Schedule 13D regulatory
"If the filing person has previously filed a statement on Schedule 13G to report the acquisition..."
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficially owned financial
"Ng Chen Lok acquired 1,500,000 Class A Ordinary Shares beneficially owned by him..."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Private Subscription Agreement financial
"The Reporting Person has acquired an additional 1,500,000 Class A Ordinary Shares pursuant to a Private Subscription Agreement..."
supplemental equity compensation financial
"415,000 Class A Ordinary Shares issued to him as supplemental equity compensation for his continued service..."
sole voting and dispositive power financial
"The Reporting Person has sole voting and dispositive power over 8,452,600 Ordinary Shares."
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G7779D108

(CUSIP Number)
Ng Chen Lok
Lot 6-2, Level 9, Equatorial Plaza, Jalan Sultan Ismail
Kuala Lumpur, N8, 50250
603-3310 0089

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
06/17/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D


Ng Chen Lok
Signature:/s/ Ng Chen Lok
Name/Title:Ng Chen Lok/Chief Executive Officer, Chairman of the Board and Director of Sagtec Global Limited
Date:06/29/2026

FAQ

How many SAGTEC (SAGT) shares does CEO Ng Chen Lok now own?

CEO Ng Chen Lok now beneficially owns 8,452,600 Class A Ordinary Shares of SAGTEC Global Limited. The filing states this represents 41.13% of the company’s issued and outstanding Ordinary Shares as of the date of the amended Schedule 13D.

What new SAGTEC shares did the CEO purchase under the Private Subscription Agreement?

Under a Private Subscription Agreement dated June 17, 2026, the CEO purchased 1,500,000 Class A Ordinary Shares. The agreement set a purchase price of US$1.04 per share, resulting in an aggregate subscription amount of US$1,560,000 paid to the company.

What equity compensation did SAGTEC’s CEO receive in 2026?

On May 15, 2026, SAGTEC’s CEO was awarded 415,000 Class A Ordinary Shares as supplemental equity compensation. The filing states this grant rewarded his continued service to the company during the 2026 financial year, increasing his overall beneficial ownership stake.

What percentage of SAGTEC Global Limited does the CEO control after these transactions?

After the reported transactions, the CEO’s beneficial ownership equals 41.13% of SAGTEC Global Limited’s Ordinary Shares. The filing notes he has sole voting and dispositive power over all 8,452,600 shares he beneficially owns as of the reporting date.

What is the purpose of the CEO’s recent SAGTEC share acquisitions?

The filing explains the CEO acquired 1,500,000 shares through a Private Subscription Agreement and received 415,000 shares as supplemental compensation. It also states he has no current plans or proposals for major corporate actions beyond what is disclosed in the statement.

Does SAGTEC’s CEO share voting power over these Class A Ordinary Shares?

No. The amended Schedule 13D reports that the CEO has sole voting power and sole dispositive power over 8,452,600 Ordinary Shares. It lists zero shares with shared voting or shared dispositive power as of the filing date.