Sagtec acquires 40% Malaya Heritage

Pela Global Limited>>>, a Nasdaq-listed F&B technology solutions provider, announced the acquisition of a 40% equity interest in Malaya Heritage Holding Limited>>>, a Malaysian F&B group. This strategic investment aims to expand Pela Global Limited>>>'s integrated F&B technology ecosystem by deploying its proprietary technology solutions across Malaya Heritage Holding Limited>>>'s operations. The acquisition is projected to generate approximately USD4 million in annual revenue opportunities for Pela Global Limited>>> and strengthen its recurring revenue streams. Malaya Heritage Holding Limited>>>, which operates three outlets, plans to pursue a public listing in 2027, offering potential future capital markets upside for Pela Global Limited>>>. Both Ng Chen Lok>>> of Pela Global Limited>>> and Woon Kok Pin>>> of Malaya Heritage Holding Limited>>> expressed optimism about the partnership's growth potential and strategic benefits.