5 Simple Statements About fusionex Explained

5 Simple Statements About fusionex Explained

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Also, all details referring to the continuity on the Fusionex operations and business was not shared ahead of or handed about for the duration of their departure,” stated the documents.

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"We think the corporate's shares are genuinely undervalued and we feel it can perform way improved," stated Teh.

“Only then we will see out the cause of the investigation. Anything at all at this time of time is very speculative until finally the investigation is finish.

“This selection stems from the insurmountable troubles arising through the insufficient handover of data and knowledge with the former management, which successfully remaining Hitachi without any sort of information concerning the management, operations, and continuity from the business of Fusionex Group,” he mentioned.

But a clear photograph emerges from the unusually in depth winding up petition submitted by Hitachi, seen by DNA, exactly where Hitachi chronologically lists a number of actions by Ivan and his Management staff above find out a 15-month period that is sweeping and spectacular in scope, outlining flimsy excuses, non transparency and non-cooperation with Hitachi.

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An ecosystem leader familiar with the contents of Hitachi’s winding up petition didn't mince his impression of the alleged behaviour by Ivan and his leadership crew.

On top of that, all information referring to the continuity of the Fusionex functions and enterprise was not shared right before or handed in excess of in the course of their departure,” mentioned the documents.

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