<SEC-DOCUMENT>0001641172-25-012125.txt : 20250522
<SEC-HEADER>0001641172-25-012125.hdr.sgml : 20250522
<ACCEPTANCE-DATETIME>20250522180117
ACCESSION NUMBER:		0001641172-25-012125
CONFORMED SUBMISSION TYPE:	SCHEDULE 13D
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250522
DATE AS OF CHANGE:		20250522

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INNEOVA Holdings Ltd
		CENTRAL INDEX KEY:			0001933951
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-MOTOR VEHICLES & MOTOR VEHICLE PARTS & SUPPLIES [5010]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-94900
		FILM NUMBER:		25978535

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		14 ANG MO KIO STREET 63
		CITY:			SINGAPORE
		PROVINCE COUNTRY:   	U0
		BUSINESS PHONE:		65 6383 7540

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		14 ANG MO KIO STREET 63
		CITY:			SINGAPORE
		PROVINCE COUNTRY:   	U0

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SAG Holdings Ltd
		DATE OF NAME CHANGE:	20220614

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Soon Aik Global Pte. Ltd.
		CENTRAL INDEX KEY:			0002057695
		ORGANIZATION NAME:           	
		EIN:				000000000
		STATE OF INCORPORATION:			U0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D

	BUSINESS ADDRESS:	
		STREET 1:		14 ANG MO KIO STREET 63
		CITY:			SINGAPORE
		STATE:			U0
		ZIP:			569116
		BUSINESS PHONE:		65 6383 7540

	MAIL ADDRESS:	
		STREET 1:		14 ANG MO KIO STREET 63
		CITY:			SINGAPORE
		STATE:			U0
		ZIP:			569116
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13D" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13D</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0002057695</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Ordinary Shares, par value $0.0005 per share</securitiesClassTitle>
      <dateOfEvent>05/15/2025</dateOfEvent>
      <previouslyFiledFlag>false</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0001933951</issuerCIK>
        <issuerCUSIP>G7776G104</issuerCUSIP>
        <issuerName>INNEOVA Holdings Ltd</issuerName>
        <address>
          <com:street1>14 Ang Mo Kio Street 63</com:street1>
          <com:city>Singapore</com:city>
          <com:stateOrCountry>U0</com:stateOrCountry>
          <com:zipCode>569116</com:zipCode>
        </address>
      </issuerInfo>
      <authorizedPersons>
        <notificationInfo>
          <personName>Johnson Yap</personName>
          <personPhoneNum>65-6383-7540</personPhoneNum>
          <personAddress>
            <com:street1>14 Ang Mo Kio Street 63</com:street1>
            <com:city>Singapore</com:city>
            <com:stateOrCountry>U0</com:stateOrCountry>
            <com:zipCode>569116</com:zipCode>
          </personAddress>
        </notificationInfo>
      </authorizedPersons>
    </coverPageHeader>
    <reportingPersons>
      <reportingPersonInfo>
        <reportingPersonCIK>0002057695</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Soon Aik Global Pte. Ltd.</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>U0</citizenshipOrOrganization>
        <soleVotingPower>14204624.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>14204624.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>14204624.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>87.8</percentOfClass>
        <typeOfReportingPerson>HC</typeOfReportingPerson>
        <commentContent>The percentage calculated in line 11 is calculated based on 16,170,624 Ordinary Shares issued and outstanding, which is based on 9,875,000 Ordinary Shares issued and outstanding as of August 21, 2024, as reported in the Issuer's Form F-1/A filed on August 21, 2024, plus 6,295,624 issued by INNEOVA Holdings Limited to the Reporting Person as consideration for an acquisition by INNEOVA Holdings Limited to the Reporting Person.</commentContent>
      </reportingPersonInfo>
    </reportingPersons>
    <items1To7>
      <item1>
        <securityTitle>Ordinary Shares, par value $0.0005 per share</securityTitle>
        <issuerName>INNEOVA Holdings Ltd</issuerName>
        <issuerPrincipalAddress>
          <com:street1>14 Ang Mo Kio Street 63</com:street1>
          <com:city>Singapore</com:city>
          <com:stateOrCountry>U0</com:stateOrCountry>
          <com:zipCode>569116</com:zipCode>
        </issuerPrincipalAddress>
        <commentText>This report on Schedule 13D (this "Report") pertains to the Ordinary Shares, par value $0.0005 per share (the "Ordinary Shares"), of INNEOVA Holdings Limited, an exempted company incorporated in the Cayman Islands with limited liability (the "Company" or the "Issuer"). The Issuer's principal executive office is located at 14 Ang Mo Kio Street 63 Singapore 569116.</commentText>
      </item1>
      <item2>
        <filingPersonName>This Report is being filed on behalf of (a) Soon Aik Global Pte. Ltd., a company incorporated under the laws of Singapore with limited liability.</filingPersonName>
        <principalBusinessAddress>The address of Soon Aik Global Pte. Ltd. is 14 Ang Mo Kio Street 63 Singapore 569116.</principalBusinessAddress>
        <principalJob>The principal business of Soon Aik Global Pte. Ltd. is as an investment and holding company.</principalJob>
        <hasBeenConvicted>During the last five years, Soon Aik Global Pte. Ltd. has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).</hasBeenConvicted>
        <convictionDescription>During the last five years, Soon Aik Global Pte. Ltd. was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such law.</convictionDescription>
        <citizenship>Soon Aik Global Pte. Ltd. is a Singapore company.</citizenship>
      </item2>
      <item3>
        <fundsSource>The consideration for the 6,295,624 Ordinary Shares recently acquired by Soon Aik Global Pte. Ltd. was all of Soon Aik Global Pte. Ltd.'s interests in INNEOVA Engineering Pte. Ltd., a wholly-owned subsidiary of Soon Aik Global Pte. Ltd.. Soon Aik Global Pte. Ltd. transferred all of its interest in INNEOVA Engineering Pte. Ltd. to the Company in exchange for consideration of 6,295,624 Ordinary Shares of the Company.</fundsSource>
      </item3>
      <item4>
        <transactionPurpose>(a) Soon Aik Global Pte. Ltd. transferred a wholly-owned subsidiary to the Company and as consideration for the subsidiary, the Company issued 6,295,624 Ordinary Shares to Soon Aik, which shares are restricted, and which transfer was completed on May 15, 2025. Prior to this, Soon Aik Global Pte. Ltd. held 7,909,000 Ordinary Shares of the Company as the parent company of the Company, which shares were held prior to the registration of the Ordinary Shares of the Company and, as such, Soon Aik Global Pte. Ltd. was an "exempt investor" with respect to these 7,909,000 Ordinary Shares.</transactionPurpose>
      </item4>
      <item5>
        <percentageOfClassSecurities>Soon Aik Global Pte. Ltd. beneficially owns 14,204,624 Ordinary Shares, or 87.8% of the class of Ordinary Shares of the Company outstanding. This percentage is calculated based on 16,170,624 Ordinary Shares issued and outstanding, which is based on 9,875,000 Ordinary Shares issued and outstanding as of August 21, 2024, as reported in the Issuer's Form F-1/A filed on August 21, 2024, plus 6,295,624 Ordinary Shares issued by INNEOVA Holdings Limited to Soon Aik Global Pte. Ltd. as consideration for the acquisition of the subsidiary by INNEOVA Holdings Limited from Soon Aik Global Pte. Ltd..</percentageOfClassSecurities>
        <numberOfShares>Soon Aik Global Pte. Ltd. has sole power to vote or to direct the vote of 14,204,624 Ordinary Shares, sole power to dispose of or to direct the disposition of 14,204,624 Ordinary Shares, and shared power to dispose or to direct the disposition of 0 Ordinary Shares.</numberOfShares>
        <transactionDesc>Soon Aik Global Pte. Ltd. has not effected any transactions in the Ordinary Shares during the past 60 days other than the acquisition of shares reported herein.</transactionDesc>
        <listOfShareholders>No person is known to Soon Aik Global Pte. Ltd. to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any securities covered by this Schedule 13D.</listOfShareholders>
        <date5PercentOwnership>Not applicable.</date5PercentOwnership>
      </item5>
      <item6>
        <contractDescription>There are no contracts, arrangements, understandings or relationships between the Soon Aik Global Pte. Ltd. and any other person with respect to the securities of the Company.</contractDescription>
      </item6>
      <item7>
        <filedExhibits>Not applicable.</filedExhibits>
      </item7>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>Soon Aik Global Pte. Ltd.</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Chin Heng Neo</signature>
          <title>Chin Heng Neo/Chairman of the Board of Directors</title>
          <date>05/22/2025</date>
        </signatureDetails>
      </signaturePerson>
    </signatureInfo>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
