LITTLE KNOWN FACTS ABOUT FUSIONEX.

Little Known Facts About fusionex.

Little Known Facts About fusionex.

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KL20: Dr V Sivapalan on altering the startup narrative, setting up enduring firms, and nation making

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As of publishing of this informative article, Ivan hasn't responded to DNA queries to have his side on the Tale.

Again, Hitachi’s authorized team ended up refused a copy with the ‘Authorities Directive’ and only allowed to look at it visually without the need of taking any notes. 

It is a shocking tumble, without the need of parallel in Malaysia’s tech historical past. Much more so, as Ivan is definitely the closest issue to being the golden boy for Malaysian tech, creating a corporation to compete from the enterprise tech Area versus international tech players.

Moreover, all info regarding the continuity of your Fusionex operations and business was not shared in advance of or handed more than through their departure,” mentioned the documents.

This started a number of backwards and forwards amongst Ivan and Hitachi, outlined in its petition, during which Hitachi wanted to work out its legal rights as owners of Fusionex and with Ivan and his Management crew giving a variety of causes to obstruct this, Main of find more information which was a purported ‘government directive’ that prevented Ivan from sharing sensitive data with overseas functions.

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“Only then we will find out the reason for the investigation. Everything at this stage of your time is highly speculative until eventually the investigation is total.

Instead, Hitachi went to good lengths in its court docket papers to update the court docket with good depth click to find out more of element of each of the irregularities and alleged wrongdoings that occurred.”

SME Malaysia national president Ding Hong Sing reported electronic transformation is much more essential than ever and is particularly an integral Component of how SMEs can optimise their firms and contribute to the growth from the country's financial system. 

There may be market discuss that Ivan has an interest in the corporation While his title does not surface being a shareholder or director and an individual acquainted with V-Circle tells DNA that Ivan has little interest in the company.

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