Dragon Jade International Ltd. agreed to acquire 98.49% stake in United Asia Medical Network Company Limited on July 10, 2012. Dragon Jade will acquire 7.88 million shares of United Asia Medical.

Dragon Jade International Ltd. completed the acquisition of 98.49% stake in United Asia Medical Network Company Limited on September 10, 2012. Under the terms of the acquisition, Dragon Jade issued 20 million shares as consideration.