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The drastic action was brought on from the abrupt departure of Fusionex founder, Ivan Teh, and his senior leadership, leaving the company's operations in a very point out of confusion.
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In 2017, Fusionex withdrew the listing of its shares from London Inventory Trade AIM being a private corporation, lower than five years right after its oversubscribed First public giving.
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In addition, all data relating to the continuity in the Fusionex operations and business was not shared ahead of or handed around throughout their departure,” stated the paperwork.
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Amidst the turmoil, Hitachi unearthed dubious transactions as well as the unexplained resignation or retrenchment of at the least one hundred ten workers customers. Problems around the continuation of contracts and customer guidance have also surfaced, as preceding Fusionex staff members scramble to reassure consumers.
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