New York City, New York Aug 4, 2021 (Issuewire.com) - QMIS TBS Capital Group Corp., a Delaware corporation ("QMIS TBS" or "the Company") was incorporated on November 21, 2019. The Company plans to acquire one or more financial institutions to form a modern investment banking enterprise. The Company is seeking to place out 68 million shares to the shareholders of QMIS Finance Securities, Inc. ("QMIS Finance"). Dr. Chin Yung Kong, the founder cum Chief Executive Officer of QMIS TBS, is also the majority shareholder of QMIS Finance.
The Company has on June 29, 2021, filed its latest S1 Registration Statement with the Securities and Exchange Commission (SEC) in relation to the above corporate exercise to which the SEC has confirmed that they have no further comments. Subsequently, QMIS TBS received its Notice of Effectiveness from the SEC on July 12, 2021 (source: https://sec.report/Document/9999999995-21-002695/) and filed its Form 424B3 Prospectus on July 22, 2021 (source: https://sec.report/Document/0001096906-21-001664/). All other filings for QMIS TBS can also be found at https://www.sec.gov/edgar/browse/?CIK=0001796160.
Upon completion of this distribution, QMIS TBS plans to uplist on the Nasdaq Stock Market and have the Company's shares qualify for trading on a stock exchange. The management believes that the Offerees who take advantage of the offering and purchase the Shares will have the opportunity to participate in the Company's future growth, and also to help in early corporate development and the implementation of business strategies by uplisting to a national exchange.
The business plan of the Company at the time of formation initially was two pronged: first, to raise initial capital to acquire a US-based registered broker-dealer firm; and second, to work with foreign businesses to help provide access to the US capital markets, either through business combination transactions, assistance with US based securities offerings, or other transactions structures.
On April 30, 2020, the Company and Richfield Orion, International, LLC, have entered into the Purchase Agreement for the purchase by the Company of Richfield Orion International, Incorporated ("Richfield"), a Stock Broker Dealer registered with the U.S. Securities and Exchange Commission ("SEC") and with the Financial Industry Regulatory Authority ("FINRA"). Richfield is an independent financial services firm headquartered in Castle Rock, Colorado and was designed to meet the needs of discerning investors and independent securities professionals. Richfield conducts transactions in options and general equity trading securities utilizing the trading platform provided by the firm's clearing broker-dealer, RBC Correspondent Services ("RBC"). All Richfield transactions are done through RBC and Richfield operates principally in the US markets.
Additionally, during the fourth quarter of 2020, the Company entered into negotiations to acquire two additional entities: QMIS Securities Limited ("QSL") and QMIS Asset Management Limited ("QAML").
- QSL is a limited liability company incorporated and domiciled in Hong Kong, with its registered office and principal place of business at Unit 2104,21/F, Infinitus Plaza, 199 Des Voeux Road Central, Sheung Wan, Hong Kong. QSL is a licensed corporation under the Hong Kong Securities and Futures Ordinance. Its principal activity is to engage in securities dealing.
- QAML is a limited liability company incorporated and domiciled in Hong Kong, with its registered office and principal place of business at Unit 2104,21/F, Infinitus Plaza, 199 Des Voeux Road Central, Sheung Wan, Hong Kong. QAML is a licensed corporation under the Hong Kong Securities and Futures Ordinance. Its principal activities are to engage in advising on securities, and asset management.
As of the date of the notice of effectiveness on July 12, 2021, the Company is still in negotiations and is conducting due diligence on the two entities.
With experienced professionals in the United States, Hong Kong and around the world, QMIS TBS's team moves quickly and provides a broad spectrum of sophisticated financial advice and services. Upon completion of the acquisitions, along with its wholly-owned subsidiaries and affiliates, the Company is set to provide a full range of investment banking services that include IPOs, M&A, securities trading, asset management and all other related financial services.
The board of directors of QMIS TBS consist of:-
Dr. Chin Yung Kong, Chief Executive Officer, Director
Dr. Chin Yung Kong, age 66, is a Malaysian citizen and currently resides in Dalian, China. Dr. Chin is the Managing Director of QMIS Capital Finance. Since 2002, Dr. Chin has devoted most of his time to advising Chinese clients on financial restructuring, pre-audit evaluation before going public, pre-IPO investment strategies, and the process of going public in the United States. From 1995 to 2002, Dr. Chin was the financial controller for the Kuok Group Company in China. Prior to 1995, Dr. Chin was a practicing auditor and Certified Public Accountant (CPA) with Foo Kon & Tan in Singapore. Dr. Chin graduated from the University of Hull in the United Kingdom with a Master in Finance Degree. In 1994, Dr. Chin earned a Master of Business Administration (MBA) Degree from the Irish University Business School. In 2020, Dr. Chin was awarded a Doctor of Philosophy in Financial Management by the North Borneo University College. On July 17, 2014, Dr. Chin was awarded the title of Dato' Sri from the Sultan of Pahang, Kuala Lumpur, Malaysia, which is the highest state title conferred by the Ruler of Malaysia on the most deserving recipients who have contributed greatly to the nation or state.
Dr. Timo Bernd Strattner, Chief Financial Officer, Director
Dr. Strattner graduated from Central Queensland University, Sydney Campus with a Bachelor of Business and received a Doctorate in Business Administration from Hertfordshire University in the United Kingdom. He started his career in an MFO (Multi Family Office). Dr. Strattner worked in the financial markets as an asset and fund manager, sales trader in equity and derivatives and as an analyst. He served in various interim executive roles with international exposure as turnaround and growth specialist for a Prime Market listed DAX company Fast Casual Wear AG, an alternative medicine company Foravit Healthcare, and Affinity Medical, the lead project manager for a Mexican social housing project managed by a Hong Kong based entity. Dr. Strattner is the founder of TBS Capital Management.
Amy Gu Ting Ting, Chief Operating Officer, Director
Ms. Gu has worked to establish large-scale business networks in northeastern China and has acquired extensive experience working in the Greater China financial market, garnering years of professional exposure in business development, business management, and strategic planning. Ms. Gu graduated from the Dongbei University of Finance and Economics in 2015 with a Master's Degree in Business Administration - Senior Management.
Dr. Pierre Bultez - Independent Director
Dr. Pierre Bultez is a professor in business and Finance in highly reputable business schools. He is ATTF Official Senior Expert Consultant (Agence de Transfert de Technologie Financière - Ministère des Finances Luxembourg). Professor Bultez was also an advisor for IFBL (Institut de Formation Bancaire Luxembourg) and also an advisor to the Ministry of Finance-Luxembourg. He is a globally acclaimed expert in risk analytics, risk management and corporate governance. He has over 40 years of experience in international training and risks consulting in banking, finance and micro-finance sectors in 72 countries. He has been the advisor of 18 central banks worldwide, 14 governments within the Asian, European and African regions and a board member of over 30 international financial companies. He has been attached with Luxembourg Financial Sector Supervisory Commission till recently. Dr. Bultez is also an international academician and holds visiting professorship in over 10 universities worldwide together with over 32 publications in the fields of risk analytics and financial governance. Professor Bultez brings extensive knowledge of corporate governance, risk management, risk governance, global rules and regulations and also strategic planning. Professor Bultez is also a Corporate Finance Professional, Member of the FT Knowledge Ltd, NYIF (New York Institute of Finance), Executive Director of Global Executive Retreat (Switzerland), Executive Director and founder of Investment Capital Trust (Switzerland) and Chairman of the Board of Arc Asset Management Luxembourg.
QMIS TBS brings with it a wealth of experience derived from its board of directors. Although times are uncertain due to the current pandemic situation around the world, QMIS TBS looks forward to bringing profits for its investors through its companies around the world and especially its operations in Hong Kong and Malaysia.
Dr Chin Yung Kong, the CEO of QMIS TBS believes that with the current bullish stock market condition, it is a good time to endeavour on this listing exercise. According to a report by Investor's Business Daily, some market winners during this bullish market include a number of recent IPO stocks, such as Upstart Holdings (UPST), which went up more than 500% from the IPO pricing; Inari Medical (NARI), up about 400%; and Lemonade (LMND), up 250% despite a big pullback.
With 113 initial public offerings, the second quarter was one of the busiest for the IPO market, according to Renaissance Capital. IPOs averaged a return of 34%, thanks to strong first-day rallies. Some 50 stocks that went public this year have more than doubled from their IPOs. Stock market analysts foresees that 2021 will have both compelling opportunities in the stock market and the potential for a solid year of returns.
Source :QMIS TBS Capital Group Corp
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