SAG Holdings Limited announced on April 25, 2025, that it has officially changed its name to INNEOVA Holdings Limited, effective April 28, 2025. Concurrently, the company's Nasdaq ticker symbol transitioned from "SAG" to "INEO". This rebranding was approved by shareholders on March 31, 2025.
The name change is part of a comprehensive rebranding strategy, reflecting the company's enhanced focus on engineering excellence and innovative solutions. CEO Jimmy Neo stated that the INNEOVA name aligns with their strategic vision for a new era of engineering excellence and sustainable solutions. This move is intended to position the company to better serve customers and capture new opportunities.
The rebranding underscores a broader strategic pivot towards sustainable engineering, aligning the company with global decarbonization trends. This transformation aims to leverage INNEOVA's established engineering capabilities to tap into emerging green technologies. The new brand identity will be adopted across its global operations.
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