But this request via the homeowners of the corporation and its appointed administrators and audit committee was denied by Ivan, all within the pretext of some “governing administration directive” that prevented him from sharing economic information sought by Hitachi in a firm they owned,

With an Formal Internet worth that currently stands at MYR1.two billion, This is often a business that – as Dato’ Teh clarifies – began having a badminton game and a aspiration of becoming a superhero. Fusionex is the one ASEAN-primarily based firm to become highlighted in each

Incredibly, Hitachi said cabinets in the finance Section “appeared to are actually emptied out” Along with the monetary data and management accounts with the Fusionex Group and Fusiotech Holdings nowhere to be identified, apart from the equilibrium sheet and consolidated a

Hitachi placed five of its executives as non-executive administrators within the board with Ivan and his CFO, Chen Chiang as government directors. Inside a composed reaction handed to Ivan within the working day on the meeting, Hitachi expressed grave issue above the lack of communications and tr