fusionex - An Overview

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“Only then we will find out the cause of the investigation. Anything at this point of time is very speculative right until the investigation is comprehensive.

But this ask for from the homeowners of the corporate and its appointed administrators and audit committee was denied by Ivan, all around the pretext of some “authorities directive” that prevented him from sharing financial info sought by Hitachi in a business they owned, a hundred%.

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An government from the company tells DNA, “We want to hold out For additional clarity on what truly transpired at Fusionex prior to making any choices of help.”

As of publishing of this text, Ivan hasn't responded to DNA queries to have his side on the story.

Hitachi’s legal professionals were being also not supplied a copy with the directive and have been only allowed to watch it without taking any notes during a gathering between The 2 sides in KL on 23 Nov.

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  The winding up petition in opposition to the Fusionex Team of corporations are still pending before the court and Together with the Courtroom Listening to the petition in Might 2024.

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Despite the expansion, the company's stock has remained largely flattish in the last fifteen months (except the recent tumble).   

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