Sino Green Land converts $2.4M insider loans into 4.8M shares at $0.50/share

Sino Green Land Corp.

$2,400,528 of unsecured, non-interest-bearing demand loans were converted in full into 4,801,056 common shares at a fixed $0.50/share under a Sept 30, 2026 Debt-to-Equity Conversion Agreement.
Allocations: 2,795,340 shares to Luo Xiong and Wo Kuk Ching ($1,397,670); 1,751,716 to Empower International Trading Sdn. Bhd. ($875,858); 254,000 to Xu Liming ($127,000).
L&W Creditors and Empower International are controlling persons or controlled by controlling persons of the Company; loans were cancelled and extinguished in full with no cash consideration paid.
Conversion price of $0.50 matches the price in the Aug 7, 2026 stock purchase agreements for Invent Fortune Sdn. Bhd. and Xing Da Plastics Sdn. Bhd.; no anti-dilution or reset applies.
Company had 162,093,238 common shares outstanding before the conversion, rising to about 166.9M, a roughly 3.0% dilution; shares issued under Section 4(a)(2)/Reg D/Reg S exemptions.

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