INEO — INNEOVA HOLDINGS LIMITED (Consumer Cyclical >> Auto Parts)

Description: INNEOVA Holdings Limited, through its subsidiaries, distributes and sells automotive and industrial spare parts in Singapore, the Middle East, and internationally. It operates in two segments, On-Highway Business and Off-Highway Business. The On-Highway Business segment supplies genuine original equipment manufacturer (OEM) and aftermarket parts, engine and chassis parts, wear and tear parts, body parts, and spare parts and lubricants for use in passenger and commercial vehicles. This segment serves resellers, such as distributors and dealers of automotive parts, retailers, workshops, end-users, and fleet owners. The Off-Highway Business segment supplies a range of filters, batteries, lubricants, components, and industrial spare parts for internal combustion engines for various sectors, including marine, energy, mining, construction, agriculture, and oil and gas. This segment serves distributors and dealers of industrial parts that are resold to workshops, industrial manufacturing facilities, shipyards, and heavy-duty transport fleet owners. The company also manufactures and distributes automotive spare parts and lubricants under the REV-1, VETTO, NUTEQ, GENTEQ, ELITO, SUNBLADE, FILTEQ, and ENERGEO brands. In addition, it offers its products through retail outlets. The company was formerly known as SAG Holdings Limited and changed its name to INNEOVA Holdings Limited in April 2025. The company was founded in 1970 and is headquartered in Singapore. INNEOVA Holdings Limited is a subsidiary of Soon Aik Global Pte Ltd.