QMIS TBS Capital Group, a Malaysia-based provider of consulting and software development services, filed on Thursday with the SEC to raise up to $17 million in an initial public offering.
QMIS TBS Capital Group is a diversified services company engaged in independent advisory and brokerage services, venture capital, investment research, investment banking, clean energy, and biomedical devices. Operating through subsidiaries in Hong Kong and Malaysia, the company primarily provide consultant services, as well as software development and e-wallet services.
The Kuala Lumpur, Malaysia-based company was founded in 2019 and booked $2 million in revenue for the 12 months ended June 30, 2023. It plans to list on the Nasdaq under the symbol QMIX. Pacific Century Securities is the sole bookrunner on the deal. No pricing terms were disclosed.
