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Ten-League International Holdings Limited has announced a 1-for-10 reverse share split effective May 1, 2026, following board approval. Alongside this technical adjustment, the company reported robust financial results for fiscal year 2025, with revenue reaching S$76.2 million (US$59.2 million). This represents a significant 30.2% year-over-year increase compared to the S$58.5 million reported in fiscal year 2024. Shares will continue trading on the Nasdaq under the ticker TLIH on a post-split basis with a new CUSIP number. While the reverse split aims to maintain exchange listing requirements, the strong revenue growth highlights the company's expanding operational scale. Investors are reminded that the consolidation will not impact the total market capitalization or proportional shareholder equity.
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