THE corporate regulator has cancelled the failed property marketer Aquaint Capital’s financial services licence.
Aquaint Capital called in administrators in June last year.
Aquaint floated on the ASX in 2013, marketing properties in Asia’s emerging economies, including Malaysia, Myanmar and Thailand, to Australians.
The company listed at 60 cents giving it a market capitalisation of $64 million. When administrators were called in, the share price had fallen to 10 cents.
Australian Property Journal