intends to wind up. See table.) and also to allow a true and truthful evaluation of the financial gain and loss accounts and stability sheets.”Through the surface level, evidently minority shareholders and significant shareholders like Teh are the biggest casulties.Previous to my having access to the Hitachi winding up petition papers, I had expe

“The previous senior administration departed the company straight away without any kind of handover of the management along with the functions.Finally, as said by Hitachi in its winding up papers, Fusionex was “likely during the zone of insolvency” and “unable to carry on carrying on its company in its recent state.”After landing, the cap

In its place, with the court now appointing interim liquidators from Deloitte Restructuring Services PLT on 27 Dec, agreeing with Hitachi’s argument that the dire circumstance Fusionex faces demands urgency, the anxiety is the fact that Fusionex will cease to exist, with the only real remnants getting its billboards throughout the Klang Valley, w