Recent Updates — HTLM
HomesToLife Ltd received a conditional eligibility-to-list letter from the Singapore Exchange Securities Trading Limited on October 21, 2026, and issued an introductory document on October 23, 2026. The company plans to list its ordinary shares on the Main Board of the SGX-ST as a secondary listing while maintaining its primary listing on Nasdaq. This filing supplements previously disclosed information with updated business descriptions and financial data required for the introduction. HomesToLife Ltd is a global home furniture company headquartered in Singapore that combines wholesale distribution, consumer retail, and sourcing capabilities.
HomesToLife Ltd filed an amendment to its proxy statement for an Extraordinary General Meeting to finalize the text of a proposed Interested Person Transactions (IPT) General Mandate. The company is seeking shareholder approval to allow the group to enter into routine, time-sensitive commercial transactions with related entities, including procurement of services, purchase and sale of goods, leasing premises, and obtaining security guarantees. These transactions are expected to occur in the ordinary course of business on normal commercial terms. HomesToLife Ltd operates in the furniture manufacturing and retail industry.
HomesToLife Ltd reported unaudited financial results for the six months ended June 30, 2026. Net revenue increased 10% year-over-year to US$198.3 million, driven by an 11% rise in export sales and a 57% increase in retail sales, partially offset by a 29% decline in leather trading. Gross profit grew 14% to US$57.0 million with margins expanding to 28.7%. Net income decreased 39% to US$6.1 million due to a net foreign exchange loss of US$2.2 million, compared to a gain in the prior period. Earnings per share fell from $0.11 to $0.07. The company paid US$5.8 million in dividends during the period and maintained cash reserves of US$17.9 million. HomesToLife Ltd is a global furniture company headquartered in Singapore that combines wholesale distribution, consumer retail, and sourcing capabilities.