JU DA CHANG 4
4 · KIWA BIO-TECH PRODUCTS GROUP CORP · Filed Apr 26, 2004
Insider Transaction Report
Form 4
JU DA CHANG
Director10% Owner
Transactions
- Other
Common Stock
2004-04-22+2,250,000→ 10,062,088 total(indirect: By InvestLink (China) Limited)
Footnotes (2)
- [F1]Effective as of March 29, 2004, Kiwa Bio-Tech Products Group Corporation consummated a 4-for-1 stock split. Subsequent to the stock split, InvestLink (China) Limited was granted an additional 2,250,000 shares of Common Stock to hold as custodian for a third party. InvestLink (China) Limited exercises voting and investment power with respect to the 3,883,752 shares it holds as custodian for a third party, but disclaims beneficial ownership of such shares except to the extent of its pecuniary in terest therein.
- [F2]Da-Chang Ju is a principal shareholder of InvestLink (China) Limited and may be deemed to beneficially own such shares. Mr. Ju disclaims beneficial ownership in shares held by InvestLink (China) Limited except to the extent of his pecuniary interest therein.