The extraordinary properties of two dimensional (2D) materials, such as the extremely high carrier mobility 1,2 in graphene and the large direct band gaps in transition metal dichalcogenides MX 2 (M = Mo or W, X = S, Se) monolayers 3 , highlight the crucial role quantum confinement can have in producing a wide spectrum of technologically important electronic properties. Currently one of the highest priorities in the field is to search for new 2D crystalline systems with structural and electronic properties that can be exploited for device development. In this letter, we report on the unusual quantum transport properties of the 2D ternary transition