SAG Holdings Ltd earned $59.5 million in revenue and $1.6 million in net income last year, with a market cap of $80 million.
Wilson-Davis & Co. and Dominari Securities were underwriters for the IPO.
SAG Holdings is a Cayman Islands holding company based in Singapore, providing OEM and aftermarket auto parts. They distribute parts mainly in the Middle East and Asia. Their businesses include:
- On-Highway: Genuine OEM and aftermarket parts for cars and trucks under their brand SP Zone.
- Off-Highway: Parts and filtration products for engines in industries like marine, mining, and agriculture, marketed through Filtec.
Founded in the 1970s by KE Neo, the company initially sold British truck parts. They later expanded to include Japanese auto parts and developed their own brands such as VETTO and REV-1. The company has grown significantly, with a focus on both local and export markets.
SAG Holdings has seen steady revenue from both their On-Highway and Off-Highway businesses, with about 10% of earnings from in-house products.
The company also completed a reorganization in 2022, with main subsidiaries including Filtec, SP Zone, and Autozone. SAG Holdings was founded in 1975 and currently has 116 employees. Their headquarters is at 14 Ang Mo Kio Street 63, Singapore 569116, and they can be reached at +65 6383 7540 or online at sag.sg.
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