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Jade Capital reports 12.1% ownership of AMDL
By Lisa Kerner
Charlotte, N.C., Jan. 22 - AMDL, Inc. investor Minghui Jia, affiliated with Jade Capital Group Ltd., was appointed as a director of AMDL as a condition to the closing of the sale of Jade Pharmaceutical, Inc. to AMDL on Sept. 28, 2006.
Jia was re-elected as a director on Sept. 7 and currently is a director of AMDL, according to a schedule 13D filing with the Securities and Exchange Commission.
The investors, including Jade Capital, Jia and Fang Zheng, beneficially own 1,878,750 shares, or 12.1%, of the Tustin, Calif., biopharmaceutical company.
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