A VOLUNTARY administrator has been appointed to the parent company of failed property and investment company First Capital Securities Limited.
Yesterday, Greg Moloney and Peter Geroff of Ferrier Hodgson were appointed as joint and several administrators of Rockstead Financial Services – the parent company of FCSL.
FCSL was placed into voluntary administration on July 23 after its two Singapore major shareholders withdrew financial support for the company on July 21.
Australian Property Journal
