Sagtec Global Ltd. Announces Board Changes with New Appointments

Sagtec Global Ltd. ( (SAGT) ) has shared an announcement.

On May 16, 2025, Sagtec Global Ltd. announced significant changes in its board of directors. Mr. Lai Fuu Sing and Ms. Pang Seng Wee resigned from their positions as independent directors, with Mr. Lai also stepping down as Chair of the Audit Committee and Ms. Pang as Chair of the Compensation Committee. Their resignations were not due to disagreements with the company’s operations or policies. The company appointed Mr. Chen Xiang Foong as an independent director and Chair of the Audit Committee, and Ms. Elain binti Lockman as a director and Chair of the Compensation Committee, both effective immediately. These appointments bring new expertise to the board, with Mr. Chen’s extensive experience in audit and advisory services, and Ms. Lockman’s background in strategic business management and equity crowdfunding. These changes are expected to enhance the company’s governance and strategic direction.

Spark’s Take on SAGT Stock

According to Spark, TipRanks’ AI Analyst, SAGT is a Outperform.

Sagtec Global Ltd. demonstrates strong financial performance with high revenue and profitability growth, supported by a stable balance sheet and improving cash flows. The stock’s attractive valuation and mixed technical signals suggest it is an undervalued growth opportunity, though cautious technical indicators warrant attention to short-term trends.

To see Spark’s full report on SAGT stock, click here.

More about Sagtec Global Ltd.

Average Trading Volume: 118,287

Find detailed analytics on SAGT stock on TipRanks’ Stock Analysis page.