Sagtec Global CEO Chen Ng Accumulates 1.5 Million Shares Coinciding with FY2026 Financial Outlook
New York, USA, June 22nd, 2026, FinanceWire
Shares of Sagtec Global Limited (NASDAQ: SAGT) rose over 82% following the announcement that Chairman and CEO Chen Ng acquired 1,500,000 shares. This insider purchase coincides with the release of the company’s new financial outlook, which forecasts a 35% revenue growth for Fiscal Year 2026.
Key Financial Highlights
Insider Purchase: CEO Chen Ng purchased 1,500,000 shares to support the company’s strategic initiatives.
Revenue Projections: Management forecasts FY2026 revenue to reach $25.78 million, an increase from $19 million the previous year.
Net Income Guidance: The company anticipates a net income of $2.19 million for the upcoming fiscal year.
Capital Raise: Sagtec Global secured $1.56 million in a private stock sale led directly by the C...
