SAGTEC Group

SAGTEC GROUP SDN BHD (SAG) is an Information Technology Company, focusing on Software Application and System development. SAG’s latest product, ‘Speed+’ is a Cloud-based POS system, catered to optimize orders and sales for F&B and retail businesses across Malaysia, and eventually South East Asia.

Campaign Closed RM 1,064,250 raised

213% of target	0 days left
Investors	8
Min Target	RM 500,000
Max Target	RM 3,000,000

Introduction

SAGTEC GROUP SDN BHD (“SAG”) was established in 2018 as a software development company. Our mission is to provide customized software development and integration with our hardware to create smart, affordable and high stability technology solutions for businesses owners everywhere. To-date, we have successfully developed more than 15 types of smart / digital software related to table ordering, QR ordering, self-service kiosks and many more.

Our latest product “Speed+” is a smart cloud-based POS system, designed to address conventional problems faced by F&B and retail business owners when managing their sales transactions, inventories and dealings between their employees and customers. We believe that by leveraging on Speed+ and SAG’s technology, business owners will be able to effectively maximize their day-to-day sales and employee accountability, without having to break the bank!

What We Do

The Challenge

In the current F&B and retail market, there are still more than 70% of business owners who are not utilizing any technologies to manage their daily tasks and sales. Manual ordering and calculations are still the norm, which leads to large room for human error, lack of accountability by staff / employees, and hinders business growth.

The main reasons why this is the case are because:

Current POS systems are expensive, costing business owners RM 7,000 to RM 12,000 for just a basic model.

Most conventional POS systems are complex to operate and install, making business owners demotivated to make a change to their old routine.

Features provided by current POS systems are too basic and not comprehensive enough. Important features like sales and item analysis often cost business owners even more to unlock.

Our Solution

Introducing Speed+, a comprehensive, user-friendly POS software catered specifically for business owners in the F&B and retail industry, under an affordable monthly subscription plan. Cloud-based, all you need is a stable internet connection.

No complex installation required and simple to operate.
All features / functions are available without extra charge, such as sales / item analysis , yearly report , cloud storage , remote view / edit etc.

Subscription Based

Business owners do not need to pay a huge sum to purchase a product they are not familiar with.

From an average of RM 180 per month, business owners will get a Speed+ device installed free of charge and get access to all its features as a service.

Why Are We Different

Affordability

With the introduction of our SaaS model, business owners are able utilize Speed+ as a service without having to commit to a huge 1 shot amount. This makes the adoption of Speed+ more cost effective and convenient for business owners to accept.

Simplicity

No hassle or concerns that installation will be difficult. For business owners already running a business, installation does not require complex wiring and will not affect customers. Simple UI / UX software so that anyone can learn to operate the backend and manage their items / reports easily.

Our Revenue Model

All Speed+ products are strategically priced below other competing products (which retail at RM 1000 or higher or with an average monthly subscription of RM 299 or higher). This makes Speed+ highly accessible and affordable for a broad range of business owners based on their spending budget.

Monthly Subsription

User Monthly Subscription

RM180/month; RM2160/year

This is our main revenue source. SAG has already secured 380 subscribers as its current user base and this is continuing to grow.

Hardware Outright Purchase

RM600

SAG also sells the Speed+ devices on an ORP basis. This is mainly for business owners who need to customize or add on more features to their device.

Our Market Opportunity

Current Market Position

The Current F&B Technologies Industry is valued at RM10 Billion -- a value which is projected to increase exponentially over the course of the next few years, as mobile internet technology continues to grow in popularity and familiarity in the market.

In Malaysia alone, we have more than 58% of open market in the F&B and retail industry who are not utilizing POS systems. Our primary target customers consist of small to medium F&B outlets and restaurants, food trucks and food stalls.

Our Strategy

Short Term Strategy

Enhance current features to increase user efficiency and gain more customers. Eg: table QR scan order, cashless order payment features etc.

Middle to Long Term Strategy

Increase awareness on the benefits of leveraging on technologies to replace conventional methods of sales management in F&B and retail outlets.

Our Achievements

Since our establishment in 2018, SAG has secured more than 500 subscribers of Speed+, with our revenue in 2019 reaching RM 1.37 million.

Indicative Usage of Funds

The Team

Kevin Ng Chen Lok

Founder & Managing Director

Lee Jiunn Yih

Co-Founder & E-Director

Term Sheet

Issuer: Sagtec Group Sdn Bhd, a private company limited by shares incorporated in Malaysia, a private limited company incorporated in Malaysia

Type of Equity: Ordinary Shares (“Shares”)

Fund Raising Period: 90 days

Pre Money Valuation: RM17,006,110

Minimum Fundraising Target: RM 500,000

Maximum Fundraising Target: RM 3,000,000

Price per Share: RM 110.00

Minimum Equity Offered: 2.78%

Maximum Equity Offered: 15.00%

Minimum Shares Offered: 4545

Maximum Shares Offered: 27273

Minimum Investment Amount: RM 5,500

Rewards

Impact on Shareholding Structure Upon Completion of the Offering

Investor Eligibility: Retail, Angel, Sophisticated, and/or Institutional Investors, subject to the applicable investment limits prescribed under the Securities Commission’s Guidelines on Recognised Markets.

Pre Emptive Rights

Type of Shares

Information

Closing Period: 14 working days after the end of the Fundraising Period.

Use of Proceeds: 38% as inventory / assets, 12% for sales & distribution expenses, 25% for PR & marketing costs, and 25% for overhead expenses.

Subscription Procedure: An Investment Agreement for the subscription of the Shares (subject to review if required or necessary).

Disclaimer

The information, calculations and remarks expressed on this term sheet or on any other part of the platform are based on information provided, disclosed and presented by the Issuer, Sagtec Group Sdn Bhd to Ata Plus Sdn Bhd, either in part or in whole. Ata Plus disclaims responsibility for the accuracy, completeness and/or validity of these information, and hence will not be held liable for any inaccurate, inappropriate or incomplete information presented on this term sheet or on any other part of the platform subject to the following :

The financial information listed on the Deal page is provided by the Issuer; which includes the financial forecasts and projections, the capitalisation table, the term sheet, and management accounts.

The financial forecasts and projections have been prepared by the Issuer based on assumptions that have not been reviewed and certified by an independent certified accountant for its reasonableness.

The Issuer agrees that; all information concerning the product, business and the assets of the Issuer that have been furnished to Ata Plus Sdn Bhd for the purpose of the equity crowdfunding campaign is true, complete, and accurate in all material respects and is not misleading or deceptive whether by inclusion or omission.

Should the Investor require more information, they can do so by contacting Sagtec Group Sdn Bhd directly at [email protected] or by clicking on the ‘CONTACT’ button available on the Deal Page.

Disclosure: This issuer is referred by a 3rd party which is . Ata Plus is not associated or related to the issuer and the referral party.

Disclaimer by Securities Commission

(i) No shares will be alotted or issued based on this document after six months from the closing of the offer period

(ii) This issue, offer or invitation for the offering is a proposal not requiring authorisation of the Securities Commission under section 212(8) of the CMSA 2007

(iii) This document has not been reviewed by the Securities Commission Malaysia. The Securities Commission does not recommend nor assumes responsibility for any information including any statement, opinion or report disclosed in relation to this fund raising exercise and makes no representation as to its accuracy or completeness. The Securities Commission expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the information disclosed.

Issuer	Sagtec Group Sdn Bhd, a private company limited by shares incorporated in Malaysia
Type of Equity	Ordinary Shares (“Shares”)
Fund Raising Period	90 days
Pre Money Valuation	RM17,006,110
Minimum Fundraising Target	RM 500,000
Maximum Fundraising Target	RM 3,000,000
Price per Share	RM 110.00
Minimum Equity Offered	2.78%
Maximum Equity Offered	15.00%
Minimum Shares Offered	4545
Maximum Shares Offered	27273
Minimum Investment Amount	RM 5,500
Investor Eligibility	Retail, Angel, Sophisticated, and/or Institutional Investors, subject to the applicable investment limits prescribed under the Securities Commission’s Guidelines on Recognised Markets.
Closing Period	14 working days after the end of the Fundraising Period.
Use of Proceeds	38% as inventory / assets, 12% for sales & distribution expenses, 25% for PR & marketing costs, and 25% for overhead expenses.
Subscription Procedure	An Investment Agreement for the subscription of the Shares (subject to review if required or necessary).
Disclaimer	The information, calculations and remarks expressed on this term sheet or on any other part of the platform are based on information provided, disclosed and presented by the Issuer, Sagtec Group Sdn Bhd to Ata Plus Sdn Bhd, either in part or in whole. Ata Plus disclaims responsibility for the accuracy, completeness and/or validity of these information, and hence will not be held liable for any inaccurate, inappropriate or incomplete information presented on this term sheet or on any other part of the platform subject to the following : The financial information listed on the Deal page is provided by the Issuer; which includes the financial forecasts and projections, the capitalisation table, the term sheet, and management accounts. The financial forecasts and projections have been prepared by the Issuer based on assumptions that have not been reviewed and certified by an independent certified accountant for its reasonableness. The Issuer agrees that; all information concerning the product, business and the assets of the Issuer that have been furnished to Ata Plus Sdn Bhd for the purpose of the equity crowdfunding campaign is true, complete, and accurate in all material respects and is not misleading or deceptive whether by inclusion or omission. Should the Investor require more information, they can do so by contacting Sagtec Group Sdn Bhd directly at [email protected] or by clicking on the ‘CONTACT’ button available on the Deal Page.
Disclaimer by Securities Commission	(i) No shares will be alotted or issued based on this document after six months from the closing of the offer period (ii) This issue, offer or invitation for the offering is a proposal not requiring authorisation of the Securities Commission under section 212(8) of the CMSA 2007 (iii) This document has not been reviewed by the Securities Commission Malaysia. The Securities Commission does not recommend nor assumes responsibility for any information including any statement, opinion or report disclosed in relation to this fund raising exercise and makes no representation as to its accuracy or completeness. The Securities Commission expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the information disclosed.

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