---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-23-000347"
form_type: "8-K"
ticker: null
cik: "0001796160"
company_name: "QMIS TBS Capital Group Corp."
filed_at: "2023-02-13T23:59:59+00:00"
generated_at: "2026-06-19T16:24:17.261490+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# QMIS TBS acquires QMIS Securities Capital in share exchange; CEO becomes majority owner

## Summary
- Closed exchange of 1,000,100 QSC shares for 1,000,100 QMIS common shares on Feb 13, 2023.
- CEO Dr. Chin Yung Kong now holds 52.72% of outstanding common stock after exchanging his QSC stake.
- Acquisition positions Company as investment holding group with financial services units in Malaysia and Hong Kong.
- Prior broker-dealer Richfield license suspended by FINRA; acquisition agreement terminated Nov 2022.
- QSC had net tangible assets of $5,419 as of Sep 30, 2022; reverse acquisition accounting applies.

## SEC filing metadata
- accession: 0001096906-23-000347
- form_type: 8-K
- cik: 0001796160
- company_name: QMIS TBS Capital Group Corp.
- filed_at: 2023-02-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 9.01, 5.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1796160/000109690623000347/0001096906-23-000347-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1796160/000109690623000347/qmis-20230213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-23-000347
- JSON: https://secwatch.observer/filing/0001096906-23-000347.json
- Plain text: https://secwatch.observer/filing/0001096906-23-000347.txt

## Key facts
- Governance Changes
  QMIS TBS Capital Group Corp.: Company ceased to be a shell company as a result of the Share Exchange transaction.
  - Change: shell status
  source text: as a result of the Share Exchange, management believes that the Company conclusively has ceased to be a shell company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1796160/000109690623000347/0001096906-23-000347-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.