In a prepared reaction handed to Ivan about the day on the Conference, Hitachi expressed grave worry about The shortage of communications and transparency by Ivan and his Management group above the particular nature from the financial scenario of Fusionex.
“If That is verified to be genuine, then I am really astounded from the steps of the management staff in dealing with their very own Board and shareholder. Hitachi is the only shareholder of the company and so they, and the Board they appointed, have complete authority and energy to accessibility all and any enterprise doc they need.
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Hitachi court docket petition to wind up Fusionex, reveal grim picture of alleged unethical and irresponsible perform by Ivan Teh and his senior leadership
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This partnership inevitably turned the Wings Alliance, however the alliance under no circumstances grew further than the two airlines. Northwest steadily pulled Web Site from its slight European Places and focused on domestic and Asian marketplaces.
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