Sag holdings limited announces closing of initial public offering

Singapore, oct. 24, 2024 (globe newswire) -- sag holdings limited (“sag holdings” or the “company”), (nasdaq: sag), a 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, announced today the closing of its initial public offering (the “offering”) of 875,000 ordinary shares at a price of $8.00 per share to the public, for a total of us$7,000,000 of gross proceeds to the company, before deducting underwriting discounts and other offering expenses.
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