During the Assembly, attended by Jacob Isaac, the Running Director and Chen Chiang, the CFO, a next solution was introduced which entailed an immediate shareholder capital injection of between US$one hundred million to US$150 million (by mid Nov) to stabilize the group, stop even more erosion of self-confidence and decline of customers.“If That
But this request from the owners of the company and its appointed administrators and audit committee was denied by Ivan, all about the pretext of some “government directive” that prevented him from sharing economic info sought by Hitachi in a corporation they owned, one hundred%.In the above evaluation, a severe knowledge has long been shared f
The winding up petition from the Fusionex Team of businesses are still pending before the courtroom and With all the Court Listening to the petition in Might 2024.In line with its winding up petition, Hitachi claimed it absolutely was alerted by Ivan in Sept 2023 that the corporation had endured a sharp fall in revenue accompanied by a surprisin