Recent Updates — SGLA
Sino Green Land Corporation completed the acquisition of a 60% stake in Xing Da Plastics Sdn. Bhd. and 100% ownership of Invent Fortune Sdn. Bhd. on September 29, 2026. The company issued 4,800,000 shares to acquire the majority interest in Xing Da Plastics and 36,527,833.33 shares to fully acquire Invent Fortune. These equity issuances were conducted under Section 4(a)(2) exemptions from registration. The company operates in the real estate development industry.
Sino Green Land Corp. filed an amendment to correct the aggregate stock consideration in its Stock Purchase Agreement with Invent Fortune Sdn. Bhd., increasing the issuance from 21,916,700 shares to 36,527,833.33 shares of common stock. The acquisition involves purchasing all outstanding capital stock of Invent Fortune, a private limited company based in Malaysia. The consideration is issued in three tranches: 20% at closing, and the remaining 40% each upon specific conditions or milestones within three and six months post-closing. Acceleration clauses exist for events such as change of control or material breach. Sino Green Land Corp. operates in the real estate development industry.
Sino Green Land Corporation entered into two stock purchase agreements on August 7, 2026. The company agreed to acquire a 60% stake in Xing Da Plastics Sdn. Bhd. by issuing 4,800,000 shares of its common stock, with the remaining 40% retained by sellers. Simultaneously, it acquired 100% of Invent Fortune for 21,916,700 shares. Consideration for both transactions is issued in tranches based on time or milestone achievements. These acquisitions represent a strategic expansion into Malaysian manufacturing entities. The company operates in the investment and holding sector.