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A lot of expressed shock and disbelief that not only Ivan, but customers of his leadership crew could behave in these an unprofessional, unethical and irresponsible manner. “If That is accurate, and I Truthfully find it hard to consider, then they may have opened them selves to lawful action from Hitachi and in many cases attainable censure from your Skilled bodies These are members of,” mentioned one tech ecosystem chief with a powerful company track record.
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But this request through the homeowners of the company and its appointed administrators and audit committee was denied by Ivan, all around the pretext of some “govt directive” that prevented him from sharing money information sought by Hitachi in a company they owned, 100%.
"We believe the company's stocks are actually undervalued and we think it can do way improved," claimed Teh.
It truly is a stunning fall, without the need of parallel in Malaysia’s tech historical past. Additional so, as Ivan would be the closest factor to becoming the golden boy for Malaysian tech, creating a organization to compete while in the company tech Place against world-wide tech players.
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They've got gone to court nevertheless it must experience a Listening to prior to anything usually takes position. So I’m not sure when the hearing is going to happen. All this is finished by Hitachi’s attorneys.”
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