New Step by Step Map For fusionex
New Step by Step Map For fusionex
Blog Article
This began a series of backwards and forwards concerning Ivan and Hitachi, outlined in its petition, where Hitachi wished to work out its authorized rights as entrepreneurs of Fusionex and with Ivan and his Management staff giving a variety of good reasons to obstruct this, Main of which was a purported ‘authorities directive’ that prevented Ivan from sharing sensitive data with international functions.
By harnessing AI along with the Fourth Industrial Revolution, our innovations convey forth essentially the most promising and disruptive technologies which will revolutionise industries and Modern society.”
KL20: Dr V Sivapalan on transforming the startup narrative, constructing enduring corporations, and country constructing
Hitachi court docket petition to wind up Fusionex, reveal grim image of alleged unethical and irresponsible carry out by Ivan Teh and his senior leadership
A multi-award-winning facts engineering corporation, Fusionex Massive Information is dedicated to cultivating fantastic minds as being a starting point towards getting a large Details hub within the ASEAN place to help enterprises in beating info know-how challenges.
Some portions of this website page will not be supported on the present browser version. Please up grade to a modern browser Model.
“This final decision stems with the insurmountable issues arising through the inadequate handover of data and data from the prior management, which correctly still left Hitachi without any variety of information relating to the administration, operations, and continuity of the small business of Fusionex Group,” he mentioned.
Fusionex is the sole ASEAN-based firm to become showcased in both equally reports, cementing its credentials in the info technological innovation marketplace for this region.
You can view it now find current market chat that Ivan has an curiosity in the corporation although his title will not appear for a shareholder or director and anyone knowledgeable about V-Circle tells DNA that Ivan has little interest in the corporate.
Certainly, you will find other option indicates to delisting from Purpose, like eliminating the nominated advisor of the corporation rather than selecting a fresh a single.
Dato’ Seri Ivan Teh Launched Fusionex With all the weblink vision of fixing one of the most intricate issues faced by corporations as a result of the event and innovation of much more “humanised” and intuitive application and technologies.
Despite the development, the corporation's inventory has remained mainly flattish over the past 15 months (except for the current tumble).
But a clear photo emerges through the unusually in depth winding up petition submitted by Hitachi, considered by DNA, in which Hitachi chronologically lists a number of steps by Ivan and his Management crew more than a 15-thirty day period interval which is sweeping and spectacular in scope, outlining flimsy excuses, non transparency and non-cooperation with Hitachi.
These types of was Hitachi’s self confidence in Ivan that it remaining him and his administration workforce fully accountable for managing FusioTech Holdings, the new firm set up submit its acquisition.