Not known Factual Statements About fusionex

Not known Factual Statements About fusionex

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The Ivan in issue is Ivan Teh, a extremely revered 47-calendar year-aged, delicate spoken, polite entrepreneur having an intense operate ethic who Established Fusionex in Malaysia in 2009 and grew it into amongst Southeast-Asia’s top analytics and AI organizations.

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On top of that, all details referring to the continuity of your Fusionex operations and business enterprise wasn't shared ahead of or handed above during their departure,” said the paperwork.

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This sort of was Hitachi’s confidence in Ivan that it still left him and his administration team fully in control of managing FusioTech Holdings, The brand new enterprise founded put up its acquisition.

The Courtroom has also tasked the interim liquidators in the Fusionex Group of companies to concern a report to the position of your business enterprise and fiscal affairs of the businesses. It can be hoped that this kind of report will likely drop some light within the state of Fusionex.

Once again, Hitachi’s lawful staff were being refused a replica with the ‘Govt Directive’ and only allowed to appear at it visually without the need of getting any notes. 

But a transparent photograph emerges from click here for more info your unusually thorough winding up petition filed by Hitachi, seen by DNA, in which Hitachi chronologically lists a series of actions by Ivan and his leadership group above a 15-thirty day period interval that is certainly sweeping and amazing in scope, outlining flimsy excuses, non transparency and non-cooperation with Hitachi.

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