ABOUT FUSIONEX

About fusionex

About fusionex

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  The winding up petition in opposition to the Fusionex Team of companies are still pending before the court and With all the Courtroom hearing the petition in Might 2024.

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An govt through the company tells DNA, “We want to wait around for more clarity on what actually happened at Fusionex before making any choices of assistance.”

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A couple of days later on the inhouse legal counsel for Fusionex showed Hitachi’s attorneys a copy of another ‘governing administration directive’ dated 27 Nov which presupposed to prohibit Fusionex from sharing any facts While using the audit committee.

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"He original site signed an irrevocable declaration to vote in favour on the delisting," claimed the supply, who declined being identify due to the sensitivity of the data. 

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Nevertheless, this was sufficient for Hitachi’s lawyers to realise that the ‘Government Directive’ was basically a typical letter reminding the recipients to training caution and stay away from breaching any legal guidelines in relation for the disclosure of data to 3rd parties and foreigners.

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Despite the progress, the company's stock has remained mostly flattish in the last fifteen months (except the new tumble).   

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