As of publishing of this text, Ivan has not responded to DNA queries to get his aspect of the story.

  The winding up petition against the Fusionex Team of corporations remain pending prior to the courtroom and While using the Court docket hearing the petition in Could 2024.

Once more, Hitachi’s legal crew ended up refused a copy of the ‘Governing administration Directive’ and only allowed to glimpse at it visually without the need of getting any notes. 

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In the meantime DNA has learnt that a previous Fusionex job supervisor for a major federal government account has achieved out to the government company to reassure them that their Fusionex constructed and run platform can be preserved and saved jogging effortlessly post Fusionex.

But a clear photo emerges from the unusually in depth winding up petition filed by Hitachi, considered by DNA, in which Hitachi chronologically lists a number of steps by Ivan and his Management workforce above a fifteen-thirty day period period that is definitely sweeping and amazing in scope, outlining flimsy excuses, non transparency and non-cooperation with Hitachi.

Just before my accessing the Hitachi winding up petition papers, I had used almost two weeks inquiring marketplace players, current and earlier Fusionex workers about what could have long gone Erroneous but with little or no light on what might have prompted this drastic selection by Hitachi.

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This function served being a System for impactful understanding sharing, equipping attendees with beneficial tools to navigate the evolving company landscape. Together, SME leaders embraced the transformative opportunity of electronic procedures, paving just how for the long term marked by success and adaptive resilience. #Fusionex #FusionexGroup #SMEMalaysia #Digitalization #FutureProofBusiness

In its place, Hitachi went to terrific lengths in its court papers to update the courtroom with great depth of element of many of the irregularities and alleged wrongdoings that took place.”

Hitachi described this as “stunning” as being the customers in the Audit Committee had been also administrators of Fusiotech and must have unrestricted access to its financial data. 

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Amazingly, Hitachi said try these out cabinets during the finance Division “appeared to have already been emptied out” With all the monetary data and administration accounts in the Fusionex Team and Fusiotech Holdings nowhere to be located, aside from the balance sheet and consolidated assertion of financial situation as at thirty.nine.2023.