20-F - INNEOVA Holdings Ltd (0001933951) (Filer)

SINGAPORE, May 19, 2025 (GLOBE NEWSWIRE) -- INNEOVA Holdings Limited (NASDAQ:INEO, ", INNEOVA Holdings", or the ", Company", )), a leading 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, today announced its financial results for the fiscal year ended December 31, 2024. Key Financial Highlights for Fiscal Year 2024 Revenue: $58.3 million, a 2.0% decrease from $59.5 million in the prior year. The decrease was primarily due to reduced demand in the Singapore local market. Gross Profit: $10.9 million, comparable to $10.9 million in 2023. The gr

SINGAPORE, April 30, 2025 (GLOBE NEWSWIRE) -- INNEOVA Holdings Limited (NASDAQ:INEO, ", INNEOVA Holdings", or the ", Company", or the ", Group", )), a leading 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, today announced that it has completed the acquisition of INNEOVA Engineering Pte. Ltd. ("INNEOVA Engineering"), a Singapore-based engineering solutions provider. This strategic acquisition represents a significant milestone in INNEOVA Holdings' transformation strategy, following the Company's recent corporate rebranding from SAG Holdings Li