Also, all facts relating to the continuity of the Fusionex operations and organization was not shared prior to or handed about throughout their departure,” mentioned the documents.
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I'm involved which the steps of your Fusiotech management staff might have deeper repercussions for the ecosystem Specially foreign buyers and prospective acquirers of Malaysian startups.”
An govt from your agency tells DNA, “We wish to hold out For additional clarity on what definitely took place at Fusionex before you make any decisions of assist.”
Hitachi court docket petition to end up Fusionex, reveal grim photo of alleged unethical and irresponsible perform by Ivan Teh and his senior leadership
“Only then we will discover out the reason for the investigation. Anything at all at this point of your time is extremely speculative until finally the investigation is finish.
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Within a penned response handed to Ivan within the day of the meeting, Hitachi expressed grave worry over the lack of communications and transparency by Ivan and his Management staff more than the actual character with the monetary situation of Fusionex.
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Despite the progress, the corporation's inventory has remained mainly flattish in the last 15 months (except for the latest tumble).