Picture of Far East Orchard logo

O10 Far East Orchard News Story

0.000.00%
sg flag iconLast trade - 00:00
FinancialsConservativeSmall CapTurnaround

Brief: Far East Orchard's Unit Received Letter Before Action From Existing Client Of Unit

Feb 27 (Reuters) - Far East Orchard Ltd FARE.SI:

UNIT RECEIVED LETTER BEFORE ACTION DATED 13 FEBRUARY FROM AN EXISTING CLIENT OF UNIT

LETTER BEFORE ACTION STATES CLIENT HAD BEEN SUBJECT OF A CYBER-FRAUD INCIDENT

NO FORMAL ACTION HAS BEEN FILED BY CLIENT AGAINST UNIT TO DATE

GROUP'S IT SYSTEMS, OTHERS INDEPENDENT FROM THOSE OF CLIENT, NOT BEEN IMPACTED BY CYBER-FRAUD INCIDENT SUFFERED BY CLIENT

LETTER BEFORE ACTION STATES UNIT SHOULD MAKE PAYMENT OF GBP4.74 MILLION TO CLIENT IN CONNECTION WITH INCIDENT

Further company coverage: FARE.SI

 ((Reuters.Briefs@thomsonreuters.com;))

Recent news on Far East Orchard

See all news