SGLA Grows Its Recycled PET Platform with Agreement to Acquire U.S.-Based Hi-Quality
An 80% stake extends SGLA’s rPET business from Malaysia into the United States
Selangor, Malaysia, October 5, 2026. Sino Green Land Corporation (OTC: SGLA, "SGLA") today announced that it signed a stock purchase agreement on September 30, 2026 to acquire an 80% stake in Hi-Quality Productions Inc ("Hi-Quality"), a New Jersey-based company.
Hi-Quality produces, processes and trades recycled PET (rPET) materials in the United States. The acquisition will extend SGLA’s rPET business into the U.S. market.
The total consideration is US$1.8 million, payable in cash and SGLA common stock over three tranches. Hi-Quality’s current shareholder, Cheng You, will retain a 20% stake and remain with the company after closing to ensure a smooth transition. Closing is expected upon completion of due diligence.
"Hi-Quality opens the door to the U.S. market for SGLA and marks an important step toward building a cross-regional rPET supply chain," said Teresa Wo, Chief Executive Officer of SGLA.
About SGLA
Sino Green Land Corporation (OTC: SGLA) is a Nevada-incorporated holding company with operations in Malaysia, focused on the processing and trading of recycled PET materials.
Website: www.sglacorp.com
再生 PET 版图再扩张:SGLA 签约收购美国 Hi-Quality
收购 80% 股权,将 rPET 业务从马来西亚延伸至美国
马来西亚雪兰莪,2026 年 10 月 5 日讯 Sino Green Land Corporation(OTC: SGLA,"SGLA")今日宣布,已于 2026 年 9 月 30 日与美国新泽西州企业 Hi-Quality Productions Inc("Hi-Quality")签署股权购买协议,收购其 80% 股权。
Hi-Quality 在美国从事再生 PET(rPET)材料的生产、加工及贸易。此次收购将把 SGLA 的 rPET 业务延伸至美国市场。
交易总对价为 180 万美元,以现金及 SGLA 普通股支付,分三期完成。Hi-Quality 现任股东 Cheng You 将保留 20% 股权,并在交割后继续留任,确保业务平稳过渡。交易预计在尽职调查完成后交割。
SGLA 首席执行官 Teresa Wo 表示:"Hi-Quality 的加入,为 SGLA 打开了美国市场的大门,也让我们向打造跨区域 rPET 供应链迈出了重要一步。"
关于 SGLA
Sino Green Land Corporation(OTC: SGLA)是一家在美国内华达州注册的控股公司,业务位于马来西亚,专注于再生 PET 材料的加工与贸易。
网站:www.sglacorp.com
