Investments firm: warning to Asia investors
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Investments made through a U.K.-based firm – trading as – have been called into question by global media reports.

Investments from Thailand, as well as China, Indonesia, Malaysia, Singapore, Vietnam and the U.K. are reported to have been made at levels from US$ 3,000 up t as much as US$ 400,000. describes itself as an education business. It is reported to be managing substantial sums for Asian investors, despite not being licensed to engage in financial transactions by British authorities.

Offering investment services without permission is a criminal offence in Britain.

The company registered with the U.K.’s Companies House two years ago as a real estate business. Latest information indicates the company, which appears to have the company name Mythen Limited, has never filed accounts.

Companies House is preparing to remove the company and, at which time, any assets will be frozen.

As early as last March, The Monetary Authority of Singapore placed on its investor alert list. The Malaysian Securities Commission also placed on a list of unauthorised companies last year.

Most of the 17 investors who spoke to news organisation Reuters had contacted through referrals from acquaintances, often through social media channels.

Six said they had received commissions from for referring others, according to the Reuters news story.

Internet searches also reveal various mentions of investor issues, and one website has detailed its investigations with serious allegations about the credibility and authenticity of the company.

If you have invested, or had dealings, with this company and want to share you story (anonymity will be respected) please do get it touch.

Andrew Batt
The author of this article is Andrew Batt, the founder and editor of Andrew has been writing about property and real estate issues in Thailand and Southeast Asia for more than 10 years. He has worked for PropertyGuru Group, DDproperty, Dot Property Group, Hipflat and AsiaRents. He has also produced content for leading Thailand property developers and real estate agencies.

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