M&A
confidence high
sentiment neutral
materiality 0.65
Sino Green Land closes Xing Da Plastics 60% and Invent Fortune 100% buys, issuing 41.3M shares
Sino Green Land Corp.
- On September 29, 2026 the Company closed the Xing Da SPA and acquired 60% of Xing Da Plastics Sdn. Bhd., issuing 4,800,000 common shares to the Xing Da Sellers.
- Same date, closed the Invent Fortune SPA and acquired all of Invent Fortune Sdn. Bhd., issuing 36,527,833.33 common shares to the Invent Fortune Sellers; total issuance 41,327,833.33 shares.
- Consideration was stock only, issued without registration under Section 4(a)(2); no cash price or total deal value was disclosed for either target.
- Text states the shares have par value $0.60 per share, while the cover page lists SGLA common stock at $0.001 par value; no share count outstanding was given to size dilution.
- Both targets are Malaysian Sdn. Bhd. entities; the remaining 40% of Xing Da Plastics was not acquired.