About fusionex
About fusionex
Blog Article
The winding up petition towards the Fusionex Team of businesses remain pending ahead of the court docket and Using the Court docket Listening to the petition in May possibly 2024.
The Court docket has also tasked the interim liquidators on the Fusionex Group of businesses to concern a report over the standing in the business and economical affairs of the businesses. It is hoped that this type of report will even get rid of some light-weight to the condition of Fusionex.
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The management staff along with the CEO owe a fiduciary obligation for the Board and cannot withhold any information and facts asked for via the Board,” he said.
The goal was to raise, acquire and safe new buyer bases, systems and know-how utilising the methods that Fusionex experienced cultivated during the Asian location.
“Only then we will find out the reason for the investigation. Anything at this stage of your time is extremely speculative until the investigation is comprehensive.
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