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Sagtec Global Expands into Indonesia with New Master Dealer Agreement

Story Highlights
  • Sagtec Global Ltd. partners with PT Kiwari for exclusive dealership in Indonesia.
  • The agreement targets US$30 million revenue, boosting Sagtec’s regional market presence.
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Sagtec Global Expands into Indonesia with New Master Dealer Agreement

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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.

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