As of publishing of this informative article, Ivan has not responded to DNA queries to obtain his facet from the Tale.
In 2017, Fusionex withdrew the listing of its shares from London Inventory Trade Goal to become A non-public organization, lower than 5 years after its oversubscribed Original community supplying.
About us Fusionex is a world, multi-award profitable info know-how service provider with a strong throughout the world existence. Fusionex functions with several fortune five hundred purchasers in America, Europe along with the Asia Pacific area, bringing progressive and breakthrough Tips and remedies to its clients.
It truly is a shocking fall, with no parallel in Malaysia’s tech history. Additional so, as Ivan is definitely the closest matter to becoming the golden boy for Malaysian tech, developing a corporation to contend during the business tech Area from international tech gamers.
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Before my having access to the Hitachi winding up petition papers, I'd put in Nearly two months asking marketplace players, existing and earlier Fusionex personnel about what might have gone Improper but with little mild on what might have brought on this drastic selection by Hitachi.
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It is actually thought that other ex-Fusionex executives have also been achieving out to essential govt and personal sector clientele too, assuring them of assist even though It's not necessarily obvious by which firm.
The Court docket has also tasked click for more the interim liquidators from the Fusionex Group of firms to problem a report over the status from the organization and money affairs of the businesses. It truly is hoped that this kind of report will also shed some light around the state of Fusionex.
“The preceding senior administration departed the corporation right away with no kind of handover from the management along with the functions.
intends to end up. See desk.) and to permit a true and good evaluation from the earnings and decline accounts and balance sheets.”
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