Ten-League International Holdings Ltd
For the period ended Sep 30, 2026. Filed Sep 30, 2026.
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Sep 30, 2026 · Filed Sep 30, 2026
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EX-99.1 · Reverse share split
Reverse share split
On April 6, 2026, the board of directors of Ten-League International Holdings Limited, a Cayman Islands exempted company (the “Company”), approved a reverse share split of the Company’s ordinary shares at a ratio of 1-for-10 (the “Reverse Share Split”), such that (a) every ten (10) issued ordinary shares of a par value of $0.000025 each will be combined into one (1) issued ordinary share of a par value of $0.00025 each and (b) any fractional shares will be rounded to the nearest whole share. As a result, the Company’s authorized share capital will be adjusted to US$500,000 divided into 2,000,000,000 ordinary shares with a par value of US$0.00025 each.
The reverse share split was approved by vote of the Company’s shareholders at its extraordinary meeting of shareholders meeting held on April 13, 2026.
On May 1, 2026, 16 ordinary shares were issued for no consideration to shareholders whose fractional shares were rounded up to the nearest whole share following the reverse share split.
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