Sagtec Global nets US$10 million AI data-centre contract in Malaysia
Sagtec Global Limited (Nasdaq: SAGT) will manage Viryatec Limited’s new AI-ready data centre in Malaysia under a 36-month agreement worth about US$10 million.
Source: The Manila Times · July 31, 2026 at 3:02 AM · AI-assisted report
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KUALA LUMPUR, 31 JULY 2026 —
KUALA LUMPUR, July 30, 2026 — Sagtec Global Limited (Nasdaq: SAGT), a Malaysia-based provider of AI-powered software and enterprise technology platforms, has entered a strategic partnership to manage a new AI-focused data center in Southeast Asia. The agreement with Hong Kong-based Viryatec Limited marks Sagtec’s expansion into AI infrastructure, aligning with its long-term goal of building an integrated AI ecosystem.
Market Impact
Under the Data Center Management Agreement, Sagtec will oversee operations for Viryatec’s upcoming AI-ready data center in Malaysia, expected to generate approximately US$10 million in revenue over a 36-month period. The deal remains subject to final agreements, project execution, and operational commencement. Viryatec is developing the facility to meet rising demand for AI computing, cloud services, and high-performance digital infrastructure across Southeast Asia.
Malaysia has emerged as a key destination for hyperscale and AI-focused data center investments, driven by its strategic location, digital infrastructure, and strong connectivity. According to CBRE’s 2026 Asia Pacific Data Centre Trends & Outlook Report, direct investment in Asia-Pacific data centers reached a record US$11.6 billion in 2025, with Malaysia identified as a major growth market amid accelerating AI adoption.
The partnership reinforces Sagtec’s strategy to expand beyond enterprise software into digital infrastructure and mission-critical AI services. The company, which went public in March 2025, already serves over 12,000 clients with AI-driven SaaS platforms and cloud-based solutions like Speed+, a proprietary smart ordering system.
“This appointment represents a strategic milestone as we expand into AI infrastructure services while strengthening our recurring revenue base,” said Kevin Ng, Sagtec’s Chief Executive Officer. “Our expertise in AI technologies and intelligent operational systems enables us to deliver efficient, scalable data center management solutions.”
Viryatec Limited, a Hong Kong-based IT and AI services provider, is developing the Malaysian data center to support enterprise hosting, cloud infrastructure, and high-performance computing needs across the region. The facility will cater to growing demand for AI workloads, positioning Malaysia as a key hub for digital transformation in Southeast Asia.
Industry analysts highlight Malaysia’s competitive advantages, including government incentives, reliable power supply, and proximity to major markets. The CBRE report underscores the country’s role in meeting regional data center demand, which is projected to rise alongside AI adoption.
Sagtec’s expansion into data center management follows its recent IPO and regional growth initiatives. The company, headquartered in Kuala Lumpur, has extended operations across Southeast Asia and the Middle East, leveraging its AI and cloud expertise to serve enterprise clients.
Forward-looking statements in the announcement caution that actual results may vary due to market conditions, regulatory changes, and operational challenges. Sagtec has not independently verified third-party market size estimates but believes them to be reasonable based on industry sources.
The partnership with Viryatec is expected to serve as a reference project, enabling Sagtec to pursue additional AI infrastructure opportunities in the region. As AI adoption accelerates, the deal reflects broader trends in digital transformation and the increasing demand for specialized data center services in Malaysia and beyond.
For more information, visit Sagtec Global’s official website at www.sagtec-global.com.
Related: Kuala Lumpur