Sino Green Land Corp. (SGLA.OB) Announces $1 Million Private Placement
Today, Sino Green Land Corp. announced that it completed a private placement with a group of institutional investors, led by T Squared Investments LLC ("T Squared Partners"), in the upfront amount of $1 million. The private placement also includes investment rights and warrants to invest an additional $4.9 million into the company for growth capital purposes. Mr. Anson Fong, Chairman of Sino Green Land, commented, "Since founding the company in 2003, we have experienced exceptional growth due to our highly scalable business model. In the last year alone, we achieved sales growth of over 70%, with revenue of $73.6 million…