A Secret Weapon For fusionex

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He went on to include, “It is absolutely nonsensical to condition that there is a so identified as federal government directive to withhold info from international nationals and that this applies to foreigners who will be about the board. There isn't any these types of matter and it is just an justification to withhold details within the Board.”

But a transparent photograph emerges in the unusually comprehensive winding up petition submitted by Hitachi, considered by DNA, exactly where Hitachi chronologically lists a series of actions by Ivan and his Management group about a fifteen-thirty day period interval that is certainly sweeping and amazing in scope, outlining flimsy excuses, non transparency and non-cooperation with Hitachi.

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It is actually a surprising tumble, with no parallel in Malaysia’s tech heritage. Additional so, as Ivan is definitely the closest detail to remaining the golden boy for Malaysian tech, creating a company to contend during the company tech Room towards international tech players.

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Suspicious transactions pertaining to V-Circle and Convedge for ‘software program improvement costs’ and/or ‘technologies service fees’

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The ahead-seeking statements contained On this push launch are created as in the date of this press release, and the organization does not undertake any duty to update the forward-hunting statements in this launch, apart Check Out Your URL from in accordance with relevant law.

In a very penned reaction handed to Ivan on the day of the Conference, Hitachi expressed grave problem more than The dearth of communications and transparency by Ivan and his Management group around the particular character from the economical situation of Fusionex.

Meanwhile DNA has learnt that a former Fusionex challenge manager for An important federal government account has arrived at out to the government agency to reassure them that their Fusionex created and operate platform will be taken care of and stored functioning smoothly put up Fusionex.

There is check industry converse that Ivan has an desire in the company Even though his name will not appear to be a shareholder or director and a person knowledgeable about V-Circle tells DNA that Ivan has no real site web interest in the business.