6-K
INNEOVA Holdings Ltd (INEO)
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
Washington,D.C. 20549
FORM6-K
REPORTOF FOREIGN PRIVATE ISSUER
PURSUANTTO RULE 13a-16 OR 15d-16 OF
THESECURITIES EXCHANGE ACT OF 1934
Forthe month of June 2026
CommissionFile Number 001-42381
| INNEOVA Holdings Limited |
|---|
| (Exact<br> name of registrant as specified in its charter) |
NotApplicable
(Translation of Registrant’s Name into English)
| 14 Ang Mo Kio Street 63, Singapore | 569116 | |
|---|---|---|
| (Address<br> of principal executive offices) | (Zip<br> Code) |
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
Yes ☐ No ☒
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
INFORMATIONCONTAINED IN THIS REPORT ON FORM 6-K
Reportof Unaudited Balance Sheet as of March 31, 2026
On June 5, 2026, INNEOVA Holdings Limited (the “Company”) announced unaudited consolidated balance sheet as of March 31, 2026. Select unaudited consolidated balance sheet as of March 31, 2026 reported of the Company and its subsidiaries are attached as Exhibit 99.1 to this Report on Form 6-K and are incorporated by reference herein and into the Company’s Form 20-F, filed with the Securities and Exchange Commission.
ExhibitIndex
| Exhibit Number | Exhibit Title | |
|---|---|---|
| 99.1 | Unaudited Consolidated Balance Sheet as of March 31, 2026 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Date: June<br> 5, 2026 | |
|---|---|
| /s/ Chin Heng Neo | |
| Chin Heng Neo, Chief<br> Executive Officer and Executive Director (Principal Executive Officer) | |
| Date: June 5, 2026 | |
| /s/ Chin Aik Neo | |
| Chin Aik Neo, Deputy<br> Chief Executive Officer and Executive Director | |
| Date: June 5, 2026 | |
| /s/ Ivy Lee | |
| Ivy Lee, Chief Financial<br> Officer (Principal Accounting and Financial Officer) |
Exhibit99.1
INNEOVAHOLDINGS LIMITED AND SUBSIDIARIES
UNAUDITEDINTERIM CONDENSED CONSOLIDATED BALANCE SHEETS
(Currencyexpressed in United States Dollars (“US$”))
| As at March 31, <br>2026 | As of December 31, <br>2025 | ||||
|---|---|---|---|---|---|
| ’000 | ’000 | ||||
| ASSETS | |||||
| Current assets: | |||||
| Cash | 914 | 1,059 | |||
| Restricted cash | 314 | 315 | |||
| Accounts receivable - Third parties, net | 11,174 | 7,935 | |||
| Accounts receivable - Related parties, net | 2,825 | 2,630 | |||
| Inventories | 18,612 | 18,553 | |||
| Amounts due from related parties | 2,121 | 2,080 | |||
| Deposits, prepayments and other receivables | 7,678 | 3,949 | |||
| Total current assets | 43,638 | 36,521 | |||
| Non-current assets: | |||||
| Property and equipment, net | 2,150 | 2,129 | |||
| Right-of-use assets, net | 2,427 | 657 | |||
| Deferred tax assets | 801 | 837 | |||
| Amounts due from related parties | 1,242 | 1,274 | |||
| Total non-current assets | 6,620 | 4,897 | |||
| TOTAL ASSETS | 50,258 | 41,418 | |||
| LIABILITIES AND SHAREHOLDERS’ EQUITY | |||||
| Current liabilities: | |||||
| Accounts payable and accrued liabilities | 7,121 | 5,054 | |||
| Accounts payable - Related parties | 279 | 244 | |||
| Customer deposits | 9,587 | 5,647 | |||
| Amounts due to related parties | 4,766 | 5,467 | |||
| Bank borrowings | 19,080 | 17,686 | |||
| Finance lease liabilities, current | 117 | 70 | |||
| Operating lease liabilities, current | 1,965 | 176 | |||
| Income tax payable | 69 | 100 | |||
| Total current liabilities | 42,984 | 34,444 | |||
| Long-term liabilities: | |||||
| Bank borrowings | 1,195 | 1,241 | |||
| Finance lease liabilities, non-current | 133 | 140 | |||
| Operating lease liabilities, non-current | 506 | 508 | |||
| Deferred tax liabilities | 78 | 112 | |||
| Total long-term liabilities | 1,912 | 2,001 | |||
| TOTAL LIABILITIES | 44,896 | 36,445 | |||
| Shareholders’ equity | |||||
| Preferred Shares, 25,000,000 authorized with par value of 0.0005 each, none issued or outstanding as of March 31, 2026 and December 31, 2025 | - | - | |||
| Ordinary shares, 200,000,000 authorized comprise of 150,000,000 Class A and 25,000,000 Class B shares, with par value of 0.0005 each, 16,170,624 and 16,527,249 ordinary shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively | 8 | 8 | |||
| Additional paid-in capital | 1,006 | 1,006 | |||
| Accumulated other comprehensive loss | (523 | ) | (535 | ) | |
| Retained earnings | 4,871 | 4,494 | |||
| Total shareholders’ equity | 5,362 | 4,973 | |||
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | 50,258 | 41,418 |
All values are in US Dollars.