Ten League International Holdings Ltd Dossier
Qualitative Analysis
Business overview
Ten-League International Holdings Limited (NASDAQ: TLIH) is a Singapore-based provider of turnkey project solutions, established in 1998. The company primarily operates through three core business segments: Equipment Sales, Equipment Rental, and Engineering Consultancy Services. It serves the port, construction, civil engineering, and underground foundation industries. Ten-League specializes in heavy equipment and parts, including foundation, hoist, excavation, and port machinery. Additionally, the company has expanded into green technology solutions, supplying fully electric reach stackers, empty container handlers, and electric prime movers with swappable battery packs, alongside building charging infrastructure for major port operators like PSA Singapore.
Research as of 20 Jun 2026
Strategic Initiatives
Growth programs, investments, and their expected impact
Expanding the company's product offerings to include fully electric heavy equipment, such as electric reach stackers, empty container handlers, and battery electric terminal prime movers, supported by the design and construction of Battery Charging and Swap Stations (BCSS).
Expected impact: Positions Ten-League as a leading provider of sustainable port infrastructure solutions in Singapore and international markets, driving long-term contract wins.
Deepening partnerships with major civil engineering and geotechnical contractors, such as Bachy Soletanche Singapore, to supply specialized foundation excavation equipment (e.g., hydraulic grabs) for large-scale public infrastructure projects like Singapore's Cross Island Line (CRL) and Changi Airport Terminal 5.
Expected impact: Secures robust revenue streams tied to Singapore's national infrastructure pipeline.
Mergers, Acquisitions & Partnerships
Recent deals and strategic collaborations
Strategic Partnerships
High. Builds on the successful 2024 commissioning of Singapore's first Battery Charging and Swap Station (BCSS) at Pasir Panjang Terminal to supply 30 battery electric terminal prime movers.
Terms: Contractual purchase order for 30 units of battery electric terminal purpose prime movers.
Medium. Longstanding equipment partnership to supply key foundation excavation tools (hydraulic grabs) for major underground metro station construction projects.
Terms: Handover and deployment of five hydraulic grabs for the Cross Island Line (CRL) project.
High. Ten-League acts as a distributor of SANY heavy equipment in Singapore, with purchases from SANY representing a significant portion of its cost of revenue (64.5% in 2025).
Terms: Service dealer agreement automatically renewable on an annual basis.