Based on its winding up petition, Hitachi claimed it was alerted by Ivan in Sept 2023 that the business had suffered a sharp drop in revenue accompanied by a surprising revelation from Ivan at a meeting on 27 Oct 2023 that it would need to cut charges, together with quick retrenchments, devoid of which it might not be ready to fulfill its economica

It is a stunning fall, with no parallel in Malaysia’s tech history. Additional so, as Ivan will be the closest matter to becoming the golden boy for Malaysian tech, creating a enterprise to contend in the company tech space against worldwide tech players.To aid the transition Hitachi will honour December payments to all its workforce, mentioned t