THE FACT ABOUT FUSIONEX THAT NO ONE IS SUGGESTING

The Fact About fusionex That No One Is Suggesting

The Fact About fusionex That No One Is Suggesting

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“The previous senior management departed the company immediately with no kind of handover with the administration plus the functions.

Prior to my accessing the Hitachi winding up petition papers, I'd invested Practically two weeks asking field players, latest and past Fusionex employees about what could have gone Incorrect but with hardly any gentle on what could have prompted this drastic choice by Hitachi.

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But a transparent picture emerges from the unusually comprehensive winding up petition filed by Hitachi, viewed by DNA, where Hitachi chronologically lists a number of steps by Ivan and his leadership staff over a 15-thirty day period period of time that may be sweeping and breathtaking in scope, outlining flimsy excuses, non transparency and non-cooperation with Hitachi.

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It was not only the movement to end up, even so the information that Ivan and a lot of of his Management team quit their Work abruptly with out serving owing discover and didn't execute their Qualified and fiduciary obligations with a proper handover of obtain and files.

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Hitachi put Related Site five of its executives as non-government directors around the board with Ivan and his CFO, Chen Chiang as govt directors.

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It truly is believed that other ex-Fusionex executives have also been reaching out to important government and personal sector clientele also, assuring them of assistance nevertheless It is far from find out here now obvious by which company.

Numerous expressed shock and disbelief that not simply Ivan, but members of his Management staff could behave in these kinds of an unprofessional, unethical and irresponsible manner. “If this is legitimate, And that i honestly come across look these up it tough to believe, then they've opened themselves to authorized motion from Hitachi and in some cases feasible censure with the professional bodies they are associates of,” claimed a single tech ecosystem chief with a solid corporate qualifications.

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"He signed an irrevocable declaration to vote in favour of your delisting," stated the supply, who declined to be title as a result of sensitivity of the knowledge. 

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