In 1730, it was refounded as the Asiatic Company ("Asiatisk Kompagni") and with the royal licence conferred in 1732, the new company was granted a 40-year monopoly on all Danish trade east of the Cape of Good Hope.
It was refounded as the Asiatic Company ("Asiatisk Kompagni"). This was in 1730. The new company was granted a 40-year monopoly on all Danish trade east of the Cape of Good Hope. This was in 1730. The royal licence conferred in 1732.