Renaissance Capital logo

Ten-League International Holdings Filed Terms, Nasdaq: TLIH

Singapore-based provider of heavy equipment and engineering consultancy services.

Industry: Industrials

Latest Trade: ()

First Day Return:

Return from IPO:

Industry: Industrials

We are a Singapore-based provider of turnkey project solutions. Our business primarily consists of sales of heavy equipment and parts, heavy equipment rental and provision of engineering consultancy services to port, construction, civil engineering and underground foundation industries. We currently conduct our operations through our wholly-owned subsidiaries, Ten-League Engineering & Technology Pte. Ltd., or Ten-League (E&T), and Ten-League Port Engineering Solutions Pte. Ltd., or Ten-League (PES), which were previously held by Ten-League Corp prior to our group reorganization for the listing of our ordinary shares. Together with the operating history of Ten-League Corp, we have a total of over 24 years of history operating our business. The equipment we provide is categorized into (i) foundation equipment; (ii) hoist equipment; (iii) excavation equipment; and (iv) port machinery. We have been supplying fully electric reach stacker and empty container handler to port operators in Singapore since 2021 and have been contracted to supply electric prime movers with swappable battery pack and build charging infrastructure since October 2022 by a leading port operator based in Singapore, or the Leading Port Operator. Meanwhile, we are actively exploring the market for fully electric wheel loader, excavator and forklift, and offering them as a part of our fleet of electrified equipment.
more less
IPO Data
IPO File Date 11/01/2023
Offer Price
Price Range $4.00 - $5.00
Offer Shares (mm) 2.8
Deal Size ($mm) $13
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range $4.00 - $5.00
Offer Shares (mm) 2.8
Deal Size ($mm) $13
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Bancroft Capital
Company Data
Headquarters Singapore
Founded 1998
Employees at IPO 62
Website www.ten-league.com.sg

Ten-League International Holdings (TLIH) Performance