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Suspicious transactions pertaining to V-Circle and Convedge for ‘computer software development expenses’ and/or ‘engineering fees’

“Only then we will find out the cause of the investigation. Anything at all at this stage of your time is very speculative right until the investigation is comprehensive.

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Having an Formal Web value that at present stands at MYR1.2 billion, this is an organization that – as Dato’ Teh clarifies – commenced with a badminton activity plus a aspiration of getting to be a superhero.

The goal was to increase, obtain and protected new consumer bases, technologies and abilities utilising the resources that Fusionex experienced cultivated during the Asian region.

This partnership inevitably turned the Wings Alliance, however the alliance by no means grew past the two airlines. next Northwest slowly pulled outside of its slight European Locations and focused on domestic and Asian markets.

Nonstop transpacific flights check out this site became possible Together with the introduction on the 707-320B/C. Northwest purchased its very first Boeing 747s in 1970 and soon started retiring its smaller sized 707s. Together with operating the 747's on transpacific flights, Northwest briefly flew them on its busiest domestic routes as well.

Unbelievably, Hitachi stated cupboards in the finance Division “appeared to have been emptied out” Along with the economical data and management accounts with the Fusionex Team and Fusiotech Holdings nowhere to become uncovered, apart from the harmony sheet and consolidated assertion of monetary posture as at 30.9.2023.  

It is thought that other ex-Fusionex executives have also been reaching out to key governing administration and private sector purchasers as well, assuring them of support though It is far from obvious Related Site through which firm.

An executive through the agency tells DNA, “We want to wait for more clarity on what seriously transpired at Fusionex before you make any conclusions of support.”

But this request via the proprietors of the corporate and its appointed administrators and audit committee was denied by Ivan, all on the pretext of some “federal government directive” that prevented him from sharing monetary data sought by Hitachi in a firm they owned, a hundred%.