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SMJ International Holdings Inc. Issues Statement Regarding Unusual Market Action
Businesswire· 2026-02-18 19:04
Company Overview - SMJ International Holdings Inc. is a Singapore-based premium flooring specialist that distributes a wide range of flooring products under its proprietary "SMJ" brand across Asian markets [1] - The company specializes in products such as carpet tiles, broadloom carpets, and vinyl tiles, and has a strong reputation in the commercial and institutional sectors in Asia [1] - SMJ Group also supplies eco-friendly flooring products to meet the increasing demand for sustainable materials in Asia [1] Recent Market Activity - On February 17, 2026, SMJ International Holdings Inc. issued a statement regarding unusual market action, indicating that the company has made inquiries but could not determine if corrective actions are necessary at this time [1] - The company stated it is not aware of any material nonpublic information or business developments that could explain the recent trading activity [1] Initial Public Offering - SMJ International Holdings Inc. announced the closing of its US$10 million initial public offering, which involved 2,500,000 Class A ordinary shares priced at US$4.00 per share [1] - The offering was a firm commitment, indicating strong investor interest and confidence in the company's market position [1]