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Sagtec Global Ltd. ( (SAGT) ) has issued an update.
On March 15, 2025, Sagtec Global Ltd. entered into a Master Dealer Agreement with PT Kiwari Asih Solusi, appointing them as the exclusive master dealer for its Speed+ Cloud Base Smart Ordering System in Indonesia. This agreement, effective until December 31, 2025, with an automatic renewal option, requires PT Kiwari to purchase a minimum of 10,000 licenses annually and maintain adequate facilities and staff. Sagtec Global aims to generate US$30 million in revenue from this venture, enhancing its market positioning in the region.
More about Sagtec Global Ltd.
Sagtec Global Ltd. operates in the technology industry, focusing on cloud-based solutions. Its primary product, the Speed+ Cloud Base Smart Ordering System, is designed to enhance ordering processes for businesses. The company is expanding its market presence in Indonesia.
YTD Price Performance: -10.83%
Average Trading Volume: 91,695
See more data about SAGT stock on TipRanks’ Stock Analysis page.