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Hitachi court petition to wind up Fusionex, reveal grim photograph of alleged unethical and irresponsible perform by Ivan Teh and his senior leadership
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An ecosystem chief acquainted with the contents of Hitachi’s winding up petition didn't mince his impression with the alleged behaviour by Ivan and his Management team.
“There are actually truths, half truths and a few untruths of the varied opinions and speculations to choose from. I might claim that we give Ivan some space and once the dust settles, We are going to know more,” mentioned The manager.
It continues to be to be found if Ivan will arrive out and defend himself and his reputation towards the damaging contents of Hitachi’s petition. Any long term he hopes to obtain of still becoming a key Element of Malaysia’s tech ecosystem will depend upon this.
The Court docket has also tasked the interim liquidators with the Fusionex Group of businesses to concern a report about the position with the business and financial affairs of the companies. It is actually hoped that this kind of report may even drop some light to the point out of Fusionex.
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