Kuala Lumpur, Malaysia Feb 23, 2023 (Issuewire.com) - QMIS TBS Capital Group Corp (QMIS TBS) would like to congratulate its Chief Executive Officer (CEO), Tan Sri Dr. Chin Yung Kong for being awarded the Global Business Icon Leadership Lifetime Achievement Award for his achievements in QMIS Investment Bank and its Chief Operating Officer - Sales and Marketing (COO), Dato’ Sri Ting Teck Sheng for being awarded the Global Business Icon Leadership Achievement Award for his contribution in QMIS Richwood Blacktech Sdn Bhd respectively by KSI Strategic Institute for Asia Pacific (KSI) at the Global Business Forum 2023. The award ceremony was held on February 23, 2023, at Berjaya Times Square Hotel in Kuala Lumpur and was attended by YAB Dato’ Sri Haji Fadillah Bin Haji Yusof, the Deputy Prime Minister of Malaysia cum Minister of Plantation & Commodities, who gave the keynote address and the Business Icon Leadership awards to the recipients.
KSI Strategic Institute for Asia Pacific is an independent non-profit think tank and Asia Pacific’s super-connector between governments, businesses, and civil society to translate ideas into impacts. KSI is the leading curator of impactful and innovative high-level conferences and forums, providing platforms for the best minds to meet, interact, and discuss issues and trends impacting business and competitiveness. In recognition of its work, KSI was recognised and ranked 109th for Top Social Policy Think Tanks in the 2020 Global Go Think Tank Index Report by James McGann (TTCSP, no. 18, 2020, University of Pennsylvania, https://repository.upenn.edu/think_tanks/18/).
It is indeed a great honour and global recognition for QMIS TBS for its CEO and COO to receive such a prestigious award and being presented the award by the Deputy Prime Minister of Malaysia is a respectable privilege. This prestigious recognition is a testament to the companies' exceptional leadership, business growth, and commitment to corporate sustainability.
This is another feather in the cap for QMIS TBS which had, recently on February 13, 2023, submitted its Form 8-K for a major merger and acquisition exercise (normally termed as “Super 8-K” in the industry) in anticipation of its upcoming listing on Nasdaq. In the Super 8-K, QMIS TBS is no longer a shell company and has 9 companies under its group structure, namely QMIS Securities Capital (M) Sdn Bhd, which in turn holds QMIS Green Energy Bhd, QMIS Biotech Group Berhad, QMIS World Trade International Sdn Bhd, QMIS Capital Venture Sdn Bhd, QMIS Finance Limited, QMIS TBS Capital Group Corp (HK), QMIS Investment Bank and QMIS Richwood Blacktech Sdn Bhd (https://www.sec.gov/edgar/browse/?CIK=0001796160).
Tan Sri Dr. Chin Yung Kong received the Lifetime Achievement Award under QMIS Investment Bank Limited (LL16863) (“QIB”) which was established under the Labuan Financial Services Authority Labuan Companies Act 1990 (Subsection 22(2)/Section 130R) on June 22, 2020, and registered with Labuan Financial Services Authority (Labuan FSA), formerly known as Labuan Offshore Financial Services Authority (LOFSA). On March 5, 2021, QIB was awarded an Investment Bank license from the Labuan Financial Services Authority (LFSA) to carry on Investment Banking Business in Labuan under Section 86 of The Labuan Financial Service and Securities Act 2010 (LFSSA), pursuant to Section 92(1) of the LFSSA. Subsequently, the name was changed to QMIS Labuan Investment Bank Limited on March 24, 2021, and then changed to QMIS Investment Bank Limited on July 28, 2022.
To facilitate QIB’s investment banking activities, a corporate office and a branch of marketing office have been set up in Labuan and Kuala Lumpur. QIB aims to become an innovative forerunner in Asia Pacific specializing in digital asset portfolio advisory, private equity management services as well as bespoke structured products and services for high-net-worth individuals, institutions, and enterprises. Furthermore, QIB will also provide conventional investment banking services such as private placement, wealth management, and corporate finance advisory and solution in working capital management, fundraising, IPO, merger, and acquisitions to its clients.
Meanwhile, Dato’ Sri Ting received the award for his contribution to QMIS-Richwood Blacktech Sdn. Bhd. (“QR”), a company engaged in the business of Electronic Payment and Transaction Enabler providing service providers with a centralized platform to enable and accept various payment transactions and value-added services.
QR as a Payment System Enabler will provide the payment infrastructure and Card Processor for Card Payment Scheme owners through the implementation of the Q-R Electronic Payment Solutions, International Card Payment Scheme options (i.e. ATM/Debit card, Credit card, and Prepaid card will be able to be used at the merchant stores, towards realizing a cashless transaction that includes but not limited to consumer retail sectors).
QR plans to develop banking, acquiring, issuing, voucher, remittance, and e-wallet management systems built for iPhone and Android. QR anticipates that the all-modern, flat design will be optimized for smartphones and smart QR codes.
QR’s objective is to develop complete payment products and services, coupled with a wide range of international payment capability/operation certification and security compliance to capture new business opportunities in the FinTech space. With QR’s technology partner’s years of experience in the Payment System industry, QR is also planning to implement an enhancement program of Payment System Infrastructure and solutions, online delivery services, online purchase of movies, and also insurance.
QR is the owner of QMIS Richwood Pay (QRPay), an eWallet powered by MPay and licensed by the Malaysia Central Bank (BNM). QRPay eWallet is an online eWallet account that a potential user can open online via QRPay eWallet Super App, anytime and anywhere without going into a physical office, giving you immediate usage of the account. Once a user has loaded funds into the account, QRPay eWallet immediately allows the user to perform in-store purchases, make P2P fund transfer, and make investments, among other financial transactions. QR Pay provides services such as e-wallet reloads, bill payments, funds transfer, performing payments, shopping e-commerce, viewing property, receive reward benefits within a single app.
QMIS TBS is now in its final league to achieve its objective to be listed on Nasdaq. With a full corporate structure in place, QMIS TBS is now seeking advice and preparing its documentation for its listing exercise. We hope to see QMIS TBS making its debut on Nasdaq very soon.
Media Contact
QMIS Financial Group chriswvhew@gmail.com http://www.qmissecurities.com.hk/
