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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

___________

 

FORM 8-K

___________

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) September 1, 2021

 

QMIS TBS CAPITAL GROUP CORP.

(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)

  

 

 

 

 

Delaware

 

333-238872

 

32-0619708

(STATE OR OTHER JURISDICTION OF

INCORPORATION OR ORGANIZATION)

 

(COMMISSION FILE NO.)

 

(IRS EMPLOYEE IDENTIFICATION NO.)

 

100 N. Barranca St. #1000

West Covina, CA. 91791

 

(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)

 

917-675-3214

(ISSUER TELEPHONE NUMBER)

 

37-12 Prince St., Suite 9C

Flushing, NY 11354

(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act

Soliciting material pursuant to Rule 14a-12 under the Exchange Act

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

None

N/A

N/A


 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).        Emerging growth company        

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 

 

Resignation of Chief Financial Officer

 

Effective September 1, 2021, Dr. Timo Bernd Strattner submitted his resignation as the Chief Financial Officer of QMIS TBS Capital Group Corp. (the “Company”).  The Board of Directors voted to accept Dr. Strattner’s resignation, and to thank him for his service to the Company.

 

Appointment of New Chief Financial Officer

 

Effective September 1, 2021, the Company’s Board of Directors appointed Ong Kar Yee to serve as the Company’s new Chief Financial Officer until the earlier election and qualification of his successor or until his earlier resignation or removal.  Prior to his appointment as Chief Financial Officer. Mr. Ong had been serving as the Company’s Operating Director.

 

Biography

 

Mr. Ong Kar Yee, 56, is a professional accountant by profession with more than 29 years of experience in finance and capital market industries across various fields, including audit and accounting, fund management, stock brokerage operation, stock analysis, and securities/futures trading. As of the date of this Report, Mr. Ong was serving as the General Manager of the Malaysian office of QMIS Financial Group, where he has served since 2015. Prior to joining QMIS, Mr. Ong was a Financial Controller at Buraq Oil Sdn. Bhd, a Malaysian oil and gas company.  Mr. Ong obtained a Master’s Degree from the Manchester Metropolitan University in the United Kingdom in 2015. He also graduated from the Tunku Abdul Rahman College in Malaysia with a higher diploma in accountancy in 1989, and in 2003 became a Certified Financial Planner. He is an associate member of the Chartered Institute of Management Accountants, United Kingdom (ACMA), and an associate member of the Chartered Global Management Accountants (CGMA).

 

There are no family relationships between Mr. Ong and any director or executive officer of the Company.

 

There are no related party transactions between Mr. Ong and the Company.

 

As of the date of this Report, the specifics of Mr. Ong’s compensation had not been determined. The Company will provide additional information once it has been determined.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

QMIS TBS CAPITAL GROUP CORP.

 

 

 

By: /s/ Yung Kong Chin  

Yung Kong Chin

Chief Executive Officer, President

(Principal Executive Officer)

 

Date: September 1, 2021