--- title: "SMJ International, Premier Commercial Flooring Distributor, Files for NYSE American IPO" description: "SMJ International Holdings Inc., a Singapore-based distributor of commercial flooring, has filed for an IPO on the NYSE American under the symbol SMJF. The company plans to offer 2,500,000 Class A ord" type: "news" locale: "en" url: "https://longbridge.com/en/news/268927648.md" published_at: "2025-12-08T09:29:00.000Z" --- # SMJ International, Premier Commercial Flooring Distributor, Files for NYSE American IPO > SMJ International Holdings Inc., a Singapore-based distributor of commercial flooring, has filed for an IPO on the NYSE American under the symbol SMJF. The company plans to offer 2,500,000 Class A ordinary shares at $4.00 per share, aiming to raise $10 million. SMJ focuses on expanding its Asian footprint and product portfolio, with proceeds to be used for inventory stocking, strategic acquisitions, and expanding sales and distribution. SMJ International Holdings Inc., a Singapore-based distributor of commercial flooring, filed a 424B4 for its initial public offering. The company is offering 2,500,000 Class A ordinary shares at $4.00 per share for gross proceeds of $10 million, and its shares list on the NYSE American under the symbol SMJF. SMJ is an emerging growth company and foreign private issuer focused on expanding its Asian footprint and product portfolio. **Business Description** SMJ International is a Singapore-based premier distributor of commercial flooring products, specializing in carpet tiles, broadloom carpets, and luxury vinyl tiles under its proprietary “SMJ” brand. The company serves commercial and institutional customers across Asia through a network of more than 260 dealers, importers, and installation partners. SMJ differentiates itself with ready stock availability, fast order fulfillment, and a broad, design-driven catalog supported by third‑party manufacturing partners in China and Thailand. Headquartered in Singapore, SMJ operates a centralized warehouse of approximately 42,614 square feet and maintains around 80 designs in up to 400 colors to meet tight project timelines. The company’s value proposition centers on rapid delivery (often next business day in Singapore), cost efficiency via consolidated shipments, and eco-friendly product options that align with green building standards. SMJ plans to expand its inventory stocking programs regionally, broaden its product portfolio through strategic investments, and strengthen its sales coverage across high-growth Asian markets. **Market Overview** - **Total addressable market**: The global flooring market was $416.56B in 2024 and projected to reach $646.70B by 2032. - **Market growth**: Forecast CAGR of 5.7% for the global flooring market; commercial flooring market forecast CAGR of 4.8% (2023–2030). - **Market position**: SMJ operates as a regional distributor with a recognized proprietary brand across 20+ countries in Asia. - **Key competitors**: Interface Singapore Pte. Ltd. (local competitor) and PRC-based manufacturers in export markets. - **Industry trends**: Shift toward sustainable, eco-certified materials; rising demand for LVT; rapid urbanization and infrastructure spending in Asia; preference for fast turnaround and cost-efficient solutions. **Operational Metrics** - **Customers**: More than 260 active dealers, importers, and installation companies (each purchased in FY2024 and FY2025). - **Locations**: Head office and showroom in Singapore; centralized warehouse at Jurong Logistics Hub (approx. 42,614 sq ft). - **Geographic presence**: Sales in 20+ markets including Singapore, Malaysia, Indonesia, Philippines, Hong Kong, PRC, Taiwan, Korea, Thailand, Vietnam, India, UAE, Saudi Arabia, Australia, and the UK. - **Product range**: Approximately 80 designs across up to 400 colors in carpet tiles, broadloom carpets, and luxury vinyl tiles. - **Supply chain**: Long-term third‑party manufacturers in PRC and Thailand; focus on eco-certified offerings. - **Fulfillment speed**: Next working day delivery in Singapore when in stock; consolidated shipments for export efficiency. **Financials Highlights** - **Revenue (current)**: S$16.84 million (FY2025) (~US$12.56 million) - **Revenue growth**: +1.5% year over year (FY2025 vs. FY2024) - **Gross profit**: S$6.08 million (FY2025) (36.1% margin) - **Operating income**: S$1.15 million (FY2025) - **Net income**: S$1.02 million (FY2025) (~US$0.76 million) **Management** - **Rena Ho**, Chief Executive Officer and Director - Joined in 1997; leads strategy and local sales; 25+ years in flooring industry; NTU Business (Hons). - **Nellie Ho**, Deputy Chief Executive Officer and Director - Joined in 1999; heads export sales and overseas expansion; Certified Accounting Technician (ACCA). - **Rosie Lee**, Chief Operating Officer and Director - Joined in 1988; oversees day-to-day operations, purchasing, and inventory management; 30+ years experience. - **Sherina Low**, Chief Financial Officer - Oversees finance and HR; prior roles in logistics and shipping; BSc in Applied Accounting (Hons), Oxford Brookes. **IPO Structure** - **Issuer**: SMJ International Holdings Inc. - **Filing date**: 20251204080014 - **Proposed ticker**: SMJF - **Exchange**: NYSE American - **Price range**: $4.00 per share - **Offering size**: $10,000,000 (gross), with a 45-day 15% over-allotment option - **Shares offered**: 2,500,000 Class A Ordinary Shares (plus 375,000 over-allotment option) - **Lead underwriters**: US Tiger Securities, Inc. (Representative) - **Use of proceeds**: Inventory stocking program (~35%); strategic acquisitions and investments (~30%); expand sales and distribution (~20%); general corporate purposes and working capital (~15%). Original SEC Filing: SMJ International Holdings Inc. - 424B4 - Dec. 04, 2025 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. 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