HomesToLife corrects proxy statement on interested-person transactions mandate
HTLM•HomesToLife issued a proxy correction on October 22, 2026, replacing its draft interested-person transaction mandate with a final version. Transactions worth at least 3% of the group’s latest audited net tangible assets require prior Audit Committee approval.
1. Mandate requirements
The mandate covers recurring commercial transactions but excludes purchases or sales of assets, undertakings or businesses. The Audit Committee considers the pricing procedures sufficient, if followed, to ensure normal commercial terms and protect minority shareholders.
