US Stock Market Move | Ten-League International (TLIH.US) debuts on the US stock market with its opening stock price dropping over 17%.

On Tuesday, Singapore heavy equipment and engineering consulting services provider Ten-League International (TLIH.US) made its debut on the US stock market, with its opening price dropping by over 17% to $3.3. The IPO price was $4. Ten-League International is mainly engaged in the sales of heavy equipment and parts, heavy equipment leasing, and providing engineering consulting services to the port, construction, civil engineering, and underground infrastructure industries. The types of equipment it offers include foundation engineering equipment, lifting equipment, excavation equipment, and port machinery.