Sagtec Global Secures $4 Million Software Development Contract with Grandpride Luxury Travel
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Sagtec Global Ltd. has secured a $4 million software development contract with Grandpride Luxury Travel Sdn. Bhd. The agreement involves designing and delivering a Smart AI E-Hailing & Car Rental and Subscription System. The contract allocates $1.6 million for software development, $1.2 million for service and maintenance over five years, and $1.2 million for data hosting and analytics. Intellectual property rights will transfer to the client upon full payment, while Sagtec retains general know-how and portfolio usage rights.
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