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.
The investigations into the incident are currently ongoing.
Shares in Frasers Property Limited closed flat at $1.05 on Aug 1.
