It had been not merely the movement to wind up, though the information that Ivan and several of his Management staff Give up their Work opportunities abruptly without having serving thanks detect and did not execute their professional and fiduciary duties with an appropriate handover of entry and files.
For Teh, the main driver for this kind of shift is his perception that Fusionex has long been undervalued for a very long time available.
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An government through the agency tells DNA, “We wish to hold out for more clarity on what actually happened at Fusionex before making any conclusions of aid.”
This bundled a dialogue that has a previous senior government who tried to persuade me not to jot down regarding the subject.
But the dust is not really going to decide on this story as Ivan and his senior execs who remaining instantly are hoping for. Not when the answer to Hitachi’s drastic winding up application is laid bare inside the comprehensive court docket submission.
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Lots of expressed shock and disbelief that not simply Ivan, but members of his Management crew could behave in these kinds of an unprofessional, unethical and irresponsible manner. “If That is real, And that i Truthfully discover it difficult to imagine, then they've opened them selves to legal motion from Hitachi and also feasible censure through the Expert bodies They're users of,” mentioned 1 tech ecosystem leader with a visit their website solid corporate history.
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As of publishing of this article, Ivan has not responded to DNA queries to acquire his side of the Tale.
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It stays for being noticed if Ivan will come out and defend himself and his reputation versus the detrimental contents of Hitachi’s petition. Any foreseeable future he hopes to obtain of however becoming a key Element of Malaysia’s tech ecosystem will rely upon this.
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