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“Only then we will find out the cause of the investigation. Just about anything at this stage of time is highly speculative until eventually the investigation is comprehensive.

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Teh highlighted which the delisting of Fusionex on Goal was definitely not the "finish from the street" for the business, but rather enables Fusionex to target its Vitality and to take a position for the long term in order that it can achieve a faster and more practical progress.

Additionally it is not regarded if Hitachi has attained out to any buyers to assistance them, while these types of efforts are Plainly handicapped by it not knowing who Fusionex’s clients even are beyond the large ones exactly where the deal wins were accompanied by media releases.

This bundled a discussion using a previous senior govt who made an effort to persuade me not to write with regard to the make a difference.

But a transparent picture emerges from your unusually thorough winding up petition filed by Hitachi, viewed by DNA, the place Hitachi chronologically lists a series of actions by Ivan and his Management staff more than a 15-thirty day period period that is definitely sweeping and spectacular in scope, outlining flimsy excuses, non transparency and non-cooperation with Hitachi.

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Furthermore, all information and facts regarding the continuity of your Fusionex operations and business enterprise was not shared in advance of or handed in excess of throughout their departure,” said the documents.

"We feel the corporate's shares are actually undervalued and we think it can do way far better," mentioned Teh.

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