Ten-League International Holdings Set for Public Offering

Author: Kelly Martin Updated: 07-08-2025 08:20 AM

Ten-League International Holdings Limited to Launch IPO

Ten-League International Holdings Limited, a leading provider of turnkey project solutions based in Singapore, has revealed exciting news regarding its initial public offering (IPO). The company is set to offer 2,240,000 ordinary shares at a price of US$4.00 each. With the approval for listing on the Nasdaq Capital Market, shares will start trading under the ticker symbol "TLIH." This event marks a significant step in Ten-League's journey as it expands its presence in the public market.

Financial Goals and Use of Proceeds

The IPO is anticipated to yield gross proceeds of approximately US$6,431,360. These funds are planned to be allocated towards several vital areas: broadening the product range, enhancing automation processes, strategic acquisitions, strengthening marketing efforts, and addressing debt obligations. This comprehensive financial strategy is aimed at reinforcing the company's market position and fueling upcoming projects.

Strategic Growth Plans

Following the IPO, Ten-League International Holdings has ambitious plans for growth. Investment into automation and technology is central to improving operational efficiency. Additionally, the company anticipates expanding its reach through strategic acquisitions, allowing for diversified service offerings to clients in various sectors, including construction and engineering.

The Role of Underwriters

This IPO is being executed under a firm commitment approach, with Bancroft Capital, LLC designated as the sole underwriter. Their expertise and guidance are crucial to navigating the complexities associated with going public, ensuring that Ten-League's vision is realized and effectively communicated to potential investors.

Future Prospects and Corporate Vision

Ten-League International Holdings strives to maintain excellence in service delivery through the innovation of high-quality equipment and engineering solutions. The company's mission revolves around utilizing cutting-edge technologies to enhance the safety, reliability, and productivity of construction projects. By prioritizing customer satisfaction and continual improvement, Ten-League positions itself as a leader in the industry.

About Ten-League International Holdings Limited

Founded in Singapore, Ten-League International Holdings specializes in turnkey project solutions. The core of its business encompasses sales and rental of heavy equipment, coupled with engineering consultancy services aimed at improving efficiency in port construction, civil engineering, and underground foundation projects. The organization categorizes its equipment into four functional categories: foundation, hoist, excavation, and port machinery, effectively catering to clients' diverse needs.

Frequently Asked Questions

What is the ticker symbol for Ten-League's shares?

The ticker symbol for Ten-League International Holdings' shares is "TLIH."

How much is Ten-League expected to raise through the IPO?

The company expects to raise approximately US$6,431,360 from the IPO.

What will the proceeds from the IPO be used for?

The proceeds will be used for product expansion, automation improvements, marketing, debt repayment, and working capital.

Who is the underwriter for this IPO?

Bancroft Capital, LLC is acting as the sole underwriter for the IPO.

What sector does Ten-League operate in?

Ten-League operates in the turnkey project solutions sector, providing services mainly to construction and engineering industries.

About The Author

Hello Kelly Martin here, a financial and publicly traded company specialist committed to writing with clarity and sage advice. Having a wealth of experience and a thorough grasp of corporate dynamics and the financial environment, my main goal in writing blog posts and articles is to provide insightful analysis together with useful guidance. My objective is to arm readers with the information they need to comprehend the complexities of publicly traded companies and make wise financial decisions.

Writing for several financial blogs has let me interact with a wide range of readers, from novice investors to seasoned pros looking for fresh perspectives. My goal is to make corporate analysis and finance understandable and interesting so you may confidently negotiate the intricacies of the financial world. I appreciate you traveling with me toward success and financial literacy.

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