STOCK TITAN

Sino Green Land converts $2.4M in loans into stock

The conversion canceled the loans in full, and each creditor released Sino Green Land from claims relating to its loan.

(High)

Sentiment and the balance of points

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Form Type
8-K

Rhea-AI Filing Summary

Sino Green Land Corp. converted $2,400,528 of unsecured, non-interest-bearing demand loans into 4,801,056 shares of common stock at a fixed conversion price of $0.50 per share under an agreement that closed September 30, 2026. The creditors were Luo Xiong and Wo Kuk Ching, Empower International Trading Sdn. Bhd., and Xu Liming. The first two creditors and Empower are described as controlling persons of the company or entities controlled by controlling persons.

Luo Xiong and Wo Kuk Ching received 2,795,340 shares against $1,397,670 in loans; Empower received 1,751,716 shares against $875,858; and Xu Liming received 254,000 shares against $127,000. At closing, the loans were cancelled and extinguished in full, and each creditor released the company from claims relating to its loan. The unregistered shares were issued in reliance on exemptions for transactions not involving a public offering and are subject to transfer restrictions and a restrictive legend.

Filing Explained

The completed debt conversion issued 4,801,056 common shares, increasing the share count and reducing existing holders’ percentage ownership, absent offsetting changes. The filing gives no post-issuance share count, so the percentage dilution cannot be sized from this disclosure.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 3.02 Unregistered Sales of Equity Securities Securities
The company sold equity securities in a private placement or other unregistered transaction.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Loans converted $2,400,528 Aggregate principal amount; cancelled and extinguished in full at closing.
Common shares issued 4,801,056 shares Aggregate shares issued in the debt conversion.
Fixed conversion price $0.50 per share Price used to convert the loans into common stock.
Shares to Luo Xiong and Wo Kuk Ching 2,795,340 shares Shares allocated to the L&W Creditors.
Shares to Empower International Trading Sdn. Bhd. 1,751,716 shares Shares allocated to the Empower Creditor.
Shares to Xu Liming 254,000 shares Shares allocated to Xu Liming.
Debt-to-Equity Conversion Agreement financial
"entered into a Debt-to-Equity Conversion Agreement"
A debt-to-equity conversion agreement is a legal deal where a company and its lenders or creditors agree to swap some or all outstanding debt for ownership shares in the company. For investors, it matters because the company reduces its debt burden and interest costs while existing shareholders may see their ownership diluted—similar to turning a loan into stock to ease monthly payments but sharing future profits with more people.
unsecured, non-interest-bearing demand loans financial
"unsecured, non-interest-bearing demand loans owed by the Company"
Section 4(a)(2) regulatory
"exemption from registration provided by Section 4(a)(2)"
Section 4(a)(2) is a part of U.S. securities laws that allows companies to sell their stock directly to certain investors without registering the sale with regulators. This process is often used for private placements, making it easier and faster for companies to raise money from knowledgeable or institutional investors. It matters to investors because it provides an alternative way to buy shares, often with fewer disclosures and lower costs.
Rule 506 of Regulation D regulatory
"Rule 506 of Regulation D or Regulation S"
Rule 506 of Regulation D is a U.S. Securities and Exchange Commission exemption that lets companies sell securities privately without registering them with the SEC, similar to a private party invitation rather than a public auction. It matters to investors because it determines how much information they’ll receive, who can buy (accredited vs. non-accredited), whether public advertising is allowed, and how easily the investment can be resold — all factors that affect risk, transparency and liquidity.
restrictive legend regulatory
"bear an appropriate restrictive legend"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much debt did SGLA convert into stock?

Sino Green Land converted $2,400,528 of unsecured, non-interest-bearing demand loans into 4,801,056 common shares at a fixed conversion price of $0.50 per share. The conversion closed September 30, 2026.

Who received the SGLA conversion shares?

Luo Xiong and Wo Kuk Ching received 2,795,340 shares, Empower International Trading Sdn. Bhd. received 1,751,716 shares, and Xu Liming received 254,000 shares. The shares were issued as the conversion of loans owed to those creditors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false 0001433551 0001433551 2026-09-30 2026-09-30 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

September 30, 2026

Date of Report (Date of earliest event reported)

 

SINO GREEN LAND CORPORATION

(Exact Name of Registrant as Specified in its Charter)

 

Nevada   000-53208   54-0484915

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

No. 3 & 5, Jalan Hi Tech 7/7, Kawasan Perindustrian Hi Tech 7,

43500 Semenyih, Selangor, Malaysia

(Address of Principal Executive Offices, including Zip Code)

 

Registrant’s telephone number, including area code: +603 8727 8732

 

N/A

(Former name or former address, if changed since last report)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common stock, $0.001 par value   SGLA   OTC Markets

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 
 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On September 30, 2026, Sino Green Land Corporation (the “Company”) entered into a Debt-to-Equity Conversion Agreement (the “Conversion Agreement”) with Luo Xiong and Wo Kuk Ching (together, the “L&W Creditors”), Empower International Trading Sdn. Bhd. (the “Empower Creditor”) and Xu Liming (collectively with the L&W Creditors and the Empower Creditor, the “Creditors”). The L&W Creditors and the Empower Creditor are controlling persons of the Company or entities controlled by controlling persons of the Company.

 

Pursuant to the Conversion Agreement, unsecured, non-interest-bearing demand loans owed by the Company to the Creditors in the aggregate principal amount of US$2,400,528 (the “Loans”) were converted in full into an aggregate of 4,801,056 shares of the Company’s common stock, par value US$0.001 per share, at a fixed conversion price of US$0.50 per share, as follows: 2,795,340 shares to the L&W Creditors (US$1,397,670), 1,751,716 shares to the Empower Creditor (US$875,858) and 254,000 shares to Xu Liming (US$127,000). Upon closing on September 30, 2026, the Loans were cancelled and extinguished in full, and each Creditor released the Company from all claims relating to its Loan.

 

The foregoing description of the Conversion Agreement is not complete and is subject to, and qualified in its entirety by reference to, the Conversion Agreement attached as Exhibit 10.1 hereto, which is incorporated in this Item 1.01 by reference.

 

Item 3.02 Unregistered Sales of Equity Securities.

 

The disclosure set forth in Item 1.01 hereof is hereby incorporated by reference into this Item 3.02.

 

The shares of common stock were issued in reliance upon the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and/or Rule 506 of Regulation D or Regulation S promulgated thereunder, for transactions not involving any public offering. The securities are subject to transfer restrictions and bear an appropriate restrictive legend.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
10.1   Debt-to-Equity Conversion Agreement, dated as of September 30, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: October 13, 2026

 

  SINO GREEN LAND CORPORATION
   
  By: /s/ Teresa Wo
  Name: Teresa Wo
  Title: Chief Executive Officer

 

 

 

Filing Exhibits & Attachments

4 documents

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