SCHEDULE: Major Shareholder Discloses 80.32% Stake in Ten-League
Beneficial Ownership Report
Ten-League Corporations Pte. Ltd. and Jison Lim report beneficial ownership of 80.32% of Ten-League International Holdings Ltd ordinary shares.
Summary
- Ten-League Corporations Pte. Ltd. and Jison Lim jointly filed a Schedule 13G, disclosing their beneficial ownership in Ten-League International Holdings Ltd.
- They collectively beneficially own 23,618,255 ordinary shares of Ten-League International Holdings Ltd.
- This ownership represents 80.32% of the issuer's total ordinary shares outstanding.
- The percentage calculation is based on 29,404,342 ordinary shares issued and outstanding as of September 30, 2025.
- Jison Lim, a citizen of Singapore, owns 99.99% of Ten-League Corporations Pte. Ltd., also a Singapore incorporated company.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of beneficial ownership and does not contain inherently positive or negative operational or financial news.
Future Outlook
No forward-looking statements or guidance are provided in this beneficial ownership report.
Industry Context
This filing is a routine disclosure of beneficial ownership and does not provide specific industry context or trends.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Ownership Structure | Disclosure of highly concentrated beneficial ownership, with Ten-League Corporations Pte. Ltd. and Jison Lim holding 80.32% of ordinary shares. | November 14, 2025 | Indicates strong control by a single entity/individual, potentially impacting minority shareholder influence and strategic decision-making. |
Related Party Transactions
- Ten-League Corporations Pte. Ltd. is 99.99% owned by Mr. Jison Lim, who is also a reporting person and director, indicating a highly concentrated ownership and control structure.
Stakeholder Impact
- Shareholders: The high concentration of ownership by a single entity/individual means minority shareholders may have limited influence on corporate decisions.
Key Dates
| Date | Description |
|---|---|
| September 30, 2025 | Date as of which the number of issuer's ordinary shares issued and outstanding (29,404,342) was calculated for ownership percentage. |
| November 14, 2025 | Date of the event requiring the filing of this statement and the filing date of the Schedule 13G. |
Recommendation
holdThis Schedule 13G filing is a routine disclosure of beneficial ownership and does not contain new operational, financial, or strategic information that would warrant a change in investment recommendation. The significant insider stake is a known factor for the company.
Keywords
Ten-League International Holdings, Ten-League Corporations, Jison Lim, Schedule 13G, beneficial ownership, ordinary shares, shareholder stake, corporate governance, SEC filing
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