Sino Green Land agrees to buy 60% stake in Malaysia’s Xing Da Plastics in 4,800,000-share deal
SGLA•Deal terms for Xing Da Plastics stake
Sino Green Land entered a deal on Aug. 7, 2026 to buy 60% of Malaysia-based Xing Da Plastics.
Consideration is set at 4,800,000 shares of Sino Green Land common stock, issued in three tranches:
- 960,000 shares due at closing
- 1,920,000 shares tied to conditions at three months
- 1,920,000 shares at six months
The second and third tranches can accelerate within three months on certain events, including a change of control.
Xing Da sellers will retain 40% of Xing Da on a pro rata basis following completion.




