I am worried which the steps in the Fusiotech administration group might have deeper repercussions for that ecosystem Primarily international traders and potential acquirers of Malaysian startups.”
The Court docket has also tasked the interim liquidators of your Fusionex Team of corporations to situation a report about the position from the business and fiscal affairs of the businesses. It really is hoped that such a report will also shed some mild to the point out of Fusionex.
Hitachi’s lawyers had been also not provided a duplicate of your directive and were being only permitted to check out it with out taking any notes in the course of a gathering involving the two sides in KL on 23 Nov.
Hitachi courtroom petition to wind up Fusionex, reveal grim image of alleged unethical and irresponsible perform by Ivan Teh and his senior Management
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