HomesToLife Ltd Announces Special Dividend and Re-election of Directors
HomesToLife Ltd held its Annual General Meeting on April 10, 2026, where shareholders approved all four proposals. The approved resolutions included the re-election of five directors: Phua Yong Pin, Phua Yong Tat, Wang Jun, Lee Ai Ming, and Dai Jing βSophia,β each for a term ending at the 2027 annual general meeting. Additionally, shareholders ratified the appointment of CLA Global TS Public Accounting Corporation as the independent registered accountant for the fiscal year ending December 31, 2026. A final cash dividend of US$0.065 per ordinary share was approved, to be paid by April 30, 2026, to shareholders of record as of April 22, 2026. The total estimated dividend payout is approximately US$5.8 million. The company also announced its business scope, which includes an export division, a leather trading division, and a consumer retail division, with manufacturing facilities in China, Vietnam, and India. The company is expanding its presence in Europe, Asia-Pacific, and North America.