INNEOVA Holdings Ltd

INNEOVA Holdings Ltd is primarily engaged in the sale and distribution of automotive and industrial spare parts. The company was incorporated in the Cayman Islands on February 14, 2022, as an exempted company with limited liability. On August 25, 2025, its authorized share capital will be re-classified from US$ 100,000 divided into 200,000,000 shares of par value US$ 0.0005 each, to US$ 100,000 divided into 150,000,000 Class A ordinary shares, 25,000,000 Class B ordinary shares, and 25,000,000 Preferred Shares, all with a par value of US$ 0.0005 each. INNEOVA's operations are primarily based out of Singapore, with global sales mainly generated from the Middle East and Malaysia. The company has over 40 years of experience supplying genuine and aftermarket spare parts. Initially focused on on-highway applications for the automotive sector, INNEOVA has expanded to supply products for off-highway applications in the marine, energy, mining, construction, agriculture, and oil and gas industries. The business is structured into two main segments: the On-Highway Business, which serves the automotive sector, and the Off-Highway Business, which primarily services the marine, energy, mining, construction, agriculture, and oil and gas sectors. Key subsidiaries include INNEOVA Group Limited, a British Virgin Islands company incorporated on November 17, 2021, which is 100% owned by INNEOVA and provides investment holding. Another subsidiary is INNEOVA Industrial Pte. Ltd., a Singaporean company incorporated on September 1, 1999, which is 100% owned by INNEOVA Group and focuses on manufacturing and repair of separation or mixing equipment and general wholesale trade.