Not known Factual Statements About fusionex

Not known Factual Statements About fusionex

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“There are truths, 50 % truths and many untruths of the assorted thoughts and speculations available. I would say that we give Ivan some House and if the dust settles, we will know more,” mentioned the executive.

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This move will strongly enhance, obtain and protected new buyer bases, systems and knowledge that Fusionex has cultivated in the Asian area

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The catalyst for the current predicament started when Hitachi, as Portion of its danger administration and corporate governance where by it conducts an internal audit of its subsidiaries each and every 3 a long time, gave Ivan discover in Aug 2022 that it meant to do an audit on Fusionex Team and Fusiotech Holdings in March 2023.

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“Fusionex is an established multi-award profitable facts technological know-how provider, and we are certainly proud to get them for a technology and company spouse in acquiring this Answer.

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But a transparent image emerges with the unusually thorough winding up petition filed by Hitachi, seen by DNA, wherever Hitachi chronologically lists a number of actions by Ivan and his leadership team more than a fifteen-month interval that may be sweeping and spectacular in scope, outlining flimsy excuses, non transparency and non-cooperation with Hitachi.

But this ask for by the owners of the corporation and its appointed directors and audit committee was denied by Ivan, all to the pretext of some “governing administration directive” that prevented him from sharing economical information and facts sought by Hitachi in a corporation they owned, 100%.