THE FUSIONEX DIARIES

The fusionex Diaries

The fusionex Diaries

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The Ivan in problem is Ivan Teh, a very respected forty seven-12 months-aged, delicate spoken, polite entrepreneur with an powerful work ethic who Established Fusionex in Malaysia in 2009 and grew it into amongst Southeast-Asia’s top rated analytics and AI providers.

  Hitachi's advanced electronic answers, providers, and systems for turning facts into insights to push electronic innovation

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The senior management departed the corporate abruptly, leaving Hitachi and not using a formal handover of management and operations. This departure involved a lack of sharing details regarding the continuity of Fusionex's Procedure and organization all through their exit.”

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An government with the agency tells DNA, “We want to hold out for more clarity on what really transpired at Fusionex prior to making any choices of aid.”

  The winding up petition versus the Fusionex Group of providers remain pending ahead of the court and Along with the Court docket hearing the petition in Might 2024.

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Additionally it is not recognised if Hitachi has achieved out to any shoppers to aid them, though this kind of efforts are Plainly handicapped by it not understanding who Fusionex’s clients even are past the large ones where the deal wins had been accompanied by media releases.

Hitachi learned, for their shock, that from Sept to Nov, not less than one hundred ten staff had either resigned or been retrenched. The directors weren't educated of this meaningful condition.

An ecosystem chief aware of the contents of Hitachi’s winding up petition did not mince his viewpoint of the alleged conduct by Ivan and his leadership workforce.

In 2017, Fusionex withdrew the listing of its shares from London Inventory Exchange Intention to be A personal company, lower than five years following its oversubscribed initial public featuring.

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