Sagtec Global Secures $4 Million Software Development Contract with Grandpride Luxury Travel

Reuters

Jan 13

Sagtec Global Secures $4 Million Software Development Contract with Grandpride Luxury Travel

Sagtec Global Ltd. has entered into a software development agreement with Grandpride Luxury Travel Sdn. Bhd. Under the terms of the agreement, Sagtec Global will design, develop, and deliver a Smart AI E-Hailing & Car Rental and Subscription System for the client. The contract is valued at US$4.0 million and includes US$1.6 million for licensing and custom software development, US$1.2 million for service and maintenance over five years, and US$1.2 million for data hosting and analytics services over five years. Ownership of the intellectual property rights in the developed platform will transfer to the client upon full payment, with Sagtec Global retaining general know-how and portfolio usage rights.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sagtec Global Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-003117), on January 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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