SAG Holdings Limited (SAG) Prices 875K Share IPO at $8/sh

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SAG HOLDINGS LIMITED ANNOUNCES PRICING OF INITIAL PUBLIC OFFERING AND LISTING ON THE NASDAQ CAPITAL MARKET

October 22, 2024 5:35 PM EDT

SINGAPORE, Oct. 22, 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 pricing 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.

All of the ordinary shares are being offered by the... More