SAG HOLDINGS LIMITED CHANGE ITS NAME TO INNEOVA HOLDINGS LIMITED
SAG Holdings has announced its corporate rebranding to INNEOVA Holdings , marking a strategic transformation for the Singapore-based OEM and replacement parts provider. The name change, approved by shareholders on March 31, 2025, will be accompanied by a new trading symbol transition from SAG to INEO on the Nasdaq Capital Market, effective April 28, 2025.
The company, which specializes in OEM, third-party branded, and in-house branded replacement parts for motor vehicles and non-vehicle combustion engines, is implementing this rebranding as part of its comprehensive transformation strategy. According to CEO Jimmy Neo, the new INNEOVA brand reflects the company's enhanced focus on engineering excellence and innovative solutions, positioning it to better serve customers and pursue opportunities in sustainable engineering solutions.
SAG Holdings ha annunciato il proprio rebranding aziendale in INNEOVA Holdings, segnando una trasformazione strategica per il fornitore di ricambi OEM e aftermarket con sede a Singapore. Il cambio di nome, approvato dagli azionisti il 31 marzo 2025, sarà accompagnato dalla modifica del simbolo di borsa da SAG a INEO sul Nasdaq Capital Market, a partire dal 28 aprile 2025.
L'azienda, specializzata in ricambi OEM, di terze parti e a marchio proprio per veicoli a motore e motori a combustione non veicolari, sta attuando questo rebranding come parte della sua strategia di trasformazione globale. Secondo il CEO Jimmy Neo, il nuovo marchio INNEOVA riflette il rinnovato focus dell’azienda sull’eccellenza ingegneristica e sulle soluzioni innovative, posizionandola per servire meglio i clienti e cogliere opportunità nelle soluzioni ingegneristiche sostenibili.
SAG Holdings ha anunciado su cambio de nombre corporativo a INNEOVA Holdings, marcando una transformación estratégica para el proveedor de repuestos OEM y de reemplazo con sede en Singapur. El cambio de nombre, aprobado por los accionistas el 31 de marzo de 2025, irá acompañado de la transición del símbolo bursátil de SAG a INEO en el Nasdaq Capital Market, con efecto a partir del 28 de abril de 2025.
La compañía, especializada en repuestos OEM, de marca de terceros y de marca propia para vehículos motorizados y motores de combustión no vehiculares, está implementando este cambio de marca como parte de su estrategia integral de transformación. Según el CEO Jimmy Neo, la nueva marca INNEOVA refleja el mayor enfoque de la empresa en la excelencia en ingeniería y soluciones innovadoras, posicionándola para servir mejor a los clientes y aprovechar oportunidades en soluciones de ingeniería sostenible.
SAG Holdings가 INNEOVA Holdings로 기업 리브랜딩을 발표하며, 싱가포르 기반의 OEM 및 교체 부품 공급업체로서 전략적 변화를 알렸습니다. 2025년 3월 31일 주주들의 승인을 받은 이번 사명 변경은 2025년 4월 28일부터 나스닥 캐피털 마켓에서 거래 심볼이 SAG에서 INEO로 전환되는 것과 함께 진행됩니다.
자동차 및 비차량용 내연기관용 OEM, 제3자 브랜드, 자체 브랜드 교체 부품을 전문으로 하는 이 회사는 종합적인 변혁 전략의 일환으로 이번 리브랜딩을 추진하고 있습니다. CEO 지미 네오에 따르면, 새로운 INNEOVA 브랜드는 회사의 엔지니어링 우수성과 혁신적 솔루션에 대한 강화된 집중을 반영하며, 고객에게 더 나은 서비스를 제공하고 지속 가능한 엔지니어링 솔루션 분야의 기회를 추구하는 데 중점을 둡니다.
SAG Holdings a annoncé son changement de nom en INNEOVA Holdings, marquant une transformation stratégique pour ce fournisseur OEM et de pièces de rechange basé à Singapour. Le changement de nom, approuvé par les actionnaires le 31 mars 2025, sera accompagné d’un changement de symbole boursier de SAG à INEO sur le Nasdaq Capital Market, effectif à partir du 28 avril 2025.
L’entreprise, spécialisée dans les pièces de rechange OEM, de marques tierces et de marques propres pour véhicules motorisés et moteurs à combustion non véhiculaires, met en œuvre ce rebranding dans le cadre de sa stratégie globale de transformation. Selon le PDG Jimmy Neo, la nouvelle marque INNEOVA reflète la focalisation renforcée de l’entreprise sur l’excellence en ingénierie et les solutions innovantes, la positionnant pour mieux servir ses clients et saisir des opportunités dans les solutions d’ingénierie durables.
SAG Holdings hat seine Unternehmensumbenennung zu INNEOVA Holdings bekanntgegeben und markiert damit eine strategische Transformation für den in Singapur ansässigen OEM- und Ersatzteilanbieter. Die Namensänderung, die von den Aktionären am 31. März 2025 genehmigt wurde, wird von einem Wechsel des Handelssymbols von SAG zu INEO an der Nasdaq Capital Market begleitet, wirksam ab dem 28. April 2025.
Das Unternehmen, das sich auf OEM-, Drittanbieter- und Eigenmarkenersatzteile für Kraftfahrzeuge und nicht-vehikulare Verbrennungsmotoren spezialisiert hat, führt dieses Rebranding als Teil seiner umfassenden Transformationsstrategie durch. Laut CEO Jimmy Neo spiegelt die neue Marke INNEOVA den verstärkten Fokus des Unternehmens auf technische Exzellenz und innovative Lösungen wider und positioniert es besser, um Kunden zu bedienen und Chancen im Bereich nachhaltiger Ingenieurlösungen zu nutzen.
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Corporate Rebranding Marks New Era of Engineering Excellence and Sustainable Solutions
SINGAPORE, April 25, 2025 (GLOBE NEWSWIRE) -- SAG Holdings Limited today announced that it has changed its name to INNEOVA Holdings Limited (“INNEOVA Holdings” or the “Company”), (Nasdaq: SAG; new trading symbol INEO). INNEOVA Holdings is a Singapore-based provider of high-quality Original Equipment Manufacturer (“OEM”), third-party branded and in-house branded replacement parts for motor vehicles and non-vehicle combustion engines. The name change is part of the Company’s comprehensive rebranding, and was approved by its shareholders on March 31, 2025. The Company trades on the the Nasdaq Capital Market and is changing its symbol from SAG to INEO, effective as of April 28, 2025
The Company is adopting the INNEOVA brand globally, reflecting its enhanced focus on engineering excellence and innovative solutions and is a key part of the Company's transformation strategy.
“This rebranding marks a pivotal moment in our company's evolution,” said Jimmy Neo, Chief Executive Officer of INNEOVA Holdings Limited. “The INNEOVA name represents engineering excellence and innovation, values that perfectly align with our strategic vision. By adopting this powerful brand identity across our global operations, we are positioning ourselves to better serve our customers and capture new opportunities in sustainable engineering solutions.”
About INNEOVA Holdings
INNEOVA Holdings (formerly known as SAG Holdings Limited) is a leading Singapore-based distributor dedicated to supplying high-quality spare parts across a wide range of industries.
On-Highway Division: We provide an extensive range of genuine OEM and aftermarket parts for passenger vehicles, trucks, and buses. Our offerings include parts from manufacturers' brands, trusted third-party labels, and our in-house brands.
Off-Highway Division: Catering to industries like construction, marine, power generation, mining, and transportation, we offer specialized spare parts focusing on filtration systems, lubricants, batteries, and internal combustion engine components.
Our unwavering commitment to quality ensures customers experience maximum uptime, enhanced performance, and reduced total cost of ownership throughout the lifecycle of their machines. For more information, visit https://www.inneova.co.
Safe Harbor Statement
Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the preliminary prospectus filed with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and SAG Holdings Limited specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com
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