The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services (AFS) licence of WA-based Octani Capital Pty Limited (Octani Capital).
Octani Capital is a full-service independent corporate strategy and corporate financial advisory practice operating throughout the Asia Pacific region. Octani specialise in assisting middle-market clients in all major industries with strategic transactions such as capital raisings, divestments, and acquisitions.
Octani Capital was deregistered on 2 March 2018 for non-payment of fees.
Accordingly, its AFS licence has been cancelled under s915B(3) of the Corporations Act 2001, from 21 March 2018.
Octani Capital was operated by Philip Allan Mr Hirschberg and has held an AFS licence since 23 December 2009.