About fusionex
About fusionex
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Hitachi positioned 5 of its executives as non-government directors on the board with Ivan and his CFO, Chen Chiang as government directors.
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Quite a few expressed shock and disbelief that not simply Ivan, but associates of his Management team could behave in such an unprofessional, unethical and irresponsible manner. “If That is genuine, And that i Actually obtain it hard to consider, then they have got opened by themselves to legal motion from Hitachi and even doable censure with the Specialist bodies These are members of,” reported just one tech ecosystem chief with a powerful company background.
Teh highlighted that the delisting of Fusionex on AIM was definitely not the "end in the street" for the organization, but instead will allow Fusionex to aim its Electrical power and to invest for the long run making sure that it is able to achieve a more quickly and simpler progress.
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But a clear photograph emerges with the unusually in-depth winding up petition filed by Hitachi, seen by DNA, the place Hitachi chronologically lists a series of actions by Ivan Learn More and his leadership team about a 15-month time period that's sweeping and spectacular in scope, outlining flimsy excuses, non transparency and non-cooperation with Hitachi.
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It remains to get seen if Ivan will arrive out and protect himself and his popularity versus the detrimental contents of Hitachi’s petition. Any long run he hopes try this web-site to possess of even now getting a vital A part of Malaysia’s tech ecosystem will rely on this.
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“You will discover truths, 50 % truths plus some untruths of the varied viewpoints and speculations in existence. I would express that we give Ivan some Room and once the dust settles, We'll know a lot more,” mentioned the executive.