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    SEC Form 6-K filed by SAG Holdings Limited

    5/1/25 4:33:19 PM ET
    $SAG
    Motor Vehicles
    Consumer Discretionary
    Get the next $SAG alert in real time by email
    6-K 1 form6-k.htm

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    FORM 6-K

     

    REPORT OF FOREIGN PRIVATE ISSUER

    PURSUANT TO RULE 13a-16 OR 15d-16 OF

    THE SECURITIES EXCHANGE ACT OF 1934

     

    For the month of April 2025

     

    Commission File Number 001-42381

     

    INNEOVA Holdings Limited

     

    (Exact name of registrant as specified in its charter)

     

    Not Applicable

    (Translation of Registrant’s Name Into English)

     

    14 Ang Mo Kio Street 63

    Singapore 569116

     

    (Address of Principal Executive Offices)

     

    Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐

     

     

     

     

     

     

    Name Change

     

    On April 25, 2025, SAG Holdings Limited announced that it changed its name to INNEOVA Holdings Limited (“INNEOVA Holdings” or the “Company”) and that its trading symbol would change from SAG to INEO on the Nasdaq Capital Market effective as of April 28, 2025. The name change was approved by its shareholders on March 31, 2025.

     

    Entry into a Material Definitive Agreement

     

    On April 30, 2025, the Company announced that it completed the acquisition of INNEOVA Engineering Pte. Ltd. (“INNEOVA Engineering”), a Singapore-based engineering solutions provider. The acquisition is part of the Company’s rebranding in connection with its recent name change and diversification of engineering solutions, including expansion into green technologies. The acquisition was approved by its shareholders on March 31, 2025 and was reviewed by a special committee of the board of directors of the Company. The agreement relating to the acquisition was provided on a Form 6-K filed by the Company on March 12, 2025.

     

    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.

     

    Exhibits

     

    99.1   Press Release on Name Change dated April 25, 2025
    99.2   Press Release regarding Acquisition dated April 30, 2025

     

     

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

     

      SAG Holdings Limited
         
    Date: May 1, 2025 By: /s/ Neo Chin Heng
        Neo Chin Heng
        Chief Executive Officer

     

     

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