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SAG Holdings Priced, Nasdaq: SAG

Singaporean distributor of spare automotive and industrial parts.

Industry: Consumer Discretionary

Latest Trade: $2.64 +0.06 (+2.3%)

First Day Return: -20.5%

Return from IPO: -67.8%

Industry: Consumer Discretionary

We are in the business of distributing automotive and industrial spare parts with operations primarily based in Singapore, and global sales primarily generated from the Middle East and Malaysia. We have over 40 years of experience in supplying genuine and aftermarket spare parts to on-highway automotive applications. Over the years, we have extended our reach to supply our products to off-highway applications in the marine, energy, mining, construction, agriculture, and oil and gas industries. Our business is comprised of On-Highway Business serving the automotive sector and Off-Highway Business primarily servicing the marine, energy, mining, construction, agriculture, and oil and gas sectors. For the six months ended June 30, 2022, our total revenues reached approximately $23.8 million and our On-Highway automotive, Off-Highway industrial business segments and services accounted for 47.7%, 52.0% and 0.3% of our total revenue, respectively.
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IPO Data
IPO File Date 10/07/2022
Offer Price $8.00
Price Range $8.00 - $8.00
Offer Shares (mm) 0.9
Deal Size ($mm) $7
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/22/2024
Offer Price $8.00
Price Range $8.00 - $8.00
Offer Shares (mm) 0.9
Deal Size ($mm) $7
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Wilson-Davis & Co.
Dominari Securities
Company Data
Headquarters Singapore
Founded 1975
Employees at IPO 129
Website www.sag.sg

SAG Holdings (SAG) Performance