Financing ·
Converts $2.4M debt to equity at $0.50 per share in transaction with controlling persons
SGLASino Green Land Corp.
Sino Green Land Corporation entered into a Debt-to-Equity Conversion Agreement on September 30, 2026, converting US$2,400,528 of unsecured demand loans owed to controlling creditors Luo Xiong, Wo Kuk Ching, Empower International Trading Sdn. Bhd., and Xu Liming into 4,801,056 shares of common stock at a fixed price of $0.50 per share. The loans were extinguished upon closing, releasing the company from all related claims. This transaction was executed under Section 4(a)(2) exemptions without public offering registration. Sino Green Land Corporation operates in the real estate and land development sector.