MEGL Enters into Strategic Cooperation with Singapore’s SIN HOPEWAY for USD 500 Million Timber Trade
Magic Empire Global (MEGL) signed a letter of intent on October 22, 2026 with Singapore's SIN HOPEWAY PTE. LTD. for a five-year timber import/export supply chain cooperation targeting US$500 million in cumulative trade volume. MEGL would supply raw timber and primary processing; SIN HOPEWAY would reprocess and supply finished products to Europe and the US.
Key figures
- Deal Value Usd
- 500000000
- Loa date
- 2026-10-22
- Binding nature
- non-binding letter of intent; target volume only
- Cooperation term years
- 5
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