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“If This is often verified to get correct, then I am genuinely astounded from the actions on the management workforce in working with their very own Board and shareholder. Hitachi is the only shareholder of the organization and so they, plus the Board they appointed, have full authority and electricity to entry all and any corporation doc they need.
But this request by the house owners of the company and its appointed administrators and audit committee was denied by Ivan, all within the pretext of some “govt directive” that prevented him from sharing fiscal details sought by Hitachi in an organization they owned, a hundred%.
However the dust isn't about to decide on this story as Ivan and his senior execs who still left suddenly are hoping for. Not when the answer to Hitachi’s drastic winding up application is laid bare inside the in-depth court submission.
This kind of was Hitachi’s self-assurance in Ivan that it left him and his administration group completely answerable for operating FusioTech Holdings, the new organization proven write-up its click for info acquisition.
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Btw, this non-cooperation also bundled a senior secretary who refused to offer the new CEO, Hiroyuki Kumazaki, with the mobile numbers of many of the senior leadership staff and who in the beginning refused handy more than her organization laptop to him. And when she did, it had been observed to are actually wiped clean (reformatted to erase all former information.)
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There exists marketplace chat that Ivan has an desire in the business Whilst his name does not look to be a shareholder or director and an individual aware of V-Circle tells DNA that Ivan has no interest in the corporate.
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