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Frasers Property (Thailand) reports 'cyber incident' involving data leaks

Felicia Tan
·1-min read

The investigations into the incident are currently ongoing.

Frasers Property (Thailand) has reported that there has been a “cyber incident” involving the leakage of data belonging to its customers and employees. The incident appears to be isolated to Frasers Property (Thailand), which has taken mitigation measures.

SGX-listed Frasers Property Limited owns a 38.3% stake in Thai-listed Frasers Property (Thailand) through its wholly-owned subsidiary, Frasers Property Holdings (Thailand) Co. and 43.5% through Frasers Assets Co., Ltd.

Frasers Assets Co., Ltd. is a joint company between Frasers Property Holdings (Thailand) Co. and TCC Assets (Thailand), in which Frasers Property Holdings (Thailand) Co. owns 49%, while TCC Assets (Thailand) holds the remaining 51% stake.

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The investigations into the incident are currently ongoing.

Shares in Frasers Property Limited closed flat at $1.05 on Aug 1.

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