fusionex - An Overview
fusionex - An Overview
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The Ivan in concern is Ivan Teh, a extremely revered 47-year-old, gentle spoken, well mannered entrepreneur with the extreme work ethic who Launched Fusionex in Malaysia in 2009 and grew it into considered one of Southeast-Asia’s prime analytics and AI companies.
“Only then we will find out the cause of the investigation. Something at this stage of time is highly speculative till the investigation is comprehensive.
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Though the dust is not really going to decide on this story as Ivan and his senior execs who still left abruptly are hoping for. Not when the answer to Hitachi’s drastic winding up application is laid bare in the detailed court submission.
This kind of was Hitachi’s self-assurance in Ivan that it left him and his management staff absolutely in command of running FusioTech Holdings, the new firm proven put up its acquisition.
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Hitachi court docket petition to end up Fusionex, reveal grim picture of alleged unethical and irresponsible conduct by Ivan Teh and his senior leadership
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The catalyst for the current condition began when Hitachi, as Element of its threat management and corporate governance where by it conducts an inner audit of its subsidiaries each individual three several years, gave Ivan notice in Aug 2022 that it intended to do an audit on Fusionex Group and Fusiotech Holdings in March 2023.