Hitachi positioned five of its executives as non-government directors around the board with Ivan and his CFO, Chen Chiang as government directors.But, aiming to help you take care of the issue, Hitachi established out some pre-circumstances for Ivan to get funding from it, which involved:Nonetheless, as the size and complexity of such situations gr
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While in the meeting, attended by Jacob Isaac, the Controlling Director and Chen Chiang, the CFO, a second alternative was introduced which entailed a direct shareholder money injection of concerning US£100 million to US$150 million (by mid Nov) to stabilize the team, stop further more erosion of assurance and reduction of customers.By means of c