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Ten-League International Announces 1-for-10 Reverse Share Split to Preserve Nasdaq Listing

Story Highlights
  • Ten-League International provides turnkey heavy-equipment and engineering solutions to port, construction and foundation industries.
  • The company approved a 1-for-10 reverse share split effective May 1, 2026 to support its Nasdaq listing status.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ten-League International Announces 1-for-10 Reverse Share Split to Preserve Nasdaq Listing

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Ten-League International Holdings Limited ( (TLIH) ) has shared an announcement.

Ten-League International Holdings Limited, a Singapore-based turnkey project solutions provider serving port, construction and civil engineering sectors with heavy equipment and engineering consultancy, has outlined its mission to deliver high-quality equipment, value-added engineering solutions, and maintenance through applying new technologies. The company organizes its product portfolio into foundation, hoist, excavation and port machinery to support customers’ safety, performance evaluation and project progress.

On April 6, 2026, Ten-League’s board approved a 1-for-10 reverse share split of its ordinary shares, which was subsequently ratified by shareholders at an extraordinary general meeting on April 13, 2026. The reverse split, intended to lift the share price and preserve the company’s Nasdaq listing, will take effect for trading on May 1, 2026, consolidating every ten shares into one, increasing par value per share, leaving about 2.94 million shares outstanding and rounding any fractional entitlements up to the nearest whole share.

Spark’s Take on TLIH Stock

According to Spark, TipRanks’ AI Analyst, TLIH is a Neutral.

The score is held down primarily by weak financial performance (declining revenue and margins, very high leverage, and negative free cash flow). Technicals also lean bearish with the price below key moving averages. Low valuation (P/E 3.92) provides the main offset but does not fully compensate for the financial risk profile.

To see Spark’s full report on TLIH stock, click here.

More about Ten-League International Holdings Limited

Ten-League International Holdings Limited is a Singapore-based provider of turnkey project solutions, focused on sales and rental of heavy equipment and parts and engineering consultancy services. Its offerings cater primarily to port, construction, civil engineering and underground foundation industries, with equipment spanning foundation, hoist, excavation and port machinery, complemented by value-added safety, reliability and productivity consulting.

Average Trading Volume: 2,133,209

Technical Sentiment Signal: Strong Sell

Current Market Cap: $7.27M

See more insights into TLIH stock on TipRanks’ Stock Analysis page.

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