Far East Orchard faces potential GBP4.74 million claim after cyber-fraud incident at UK unit

SGX Filings

Yesterday

Far East Orchard Limited announced that its United Kingdom subsidiary, Homes for Students Limited, received a Letter Before Action dated Feb, 13 2026 from an existing client seeking about GBP4.74 million in connection with a cyber-fraud incident.

The client has not commenced formal legal proceedings. Based on preliminary external legal advice, the company believes there are grounds to defend the claim and said it will vigorously contest any action that may follow.

Far East Orchard cautioned that a successful claim for the full amount could adversely affect the group’s profitability. The company added that its IT systems are independent of the client’s and have not been impacted, and that business operations continue as normal.

The board said it will provide further updates in accordance with Singapore Exchange listing rules and advised shareholders and investors to exercise caution when trading the company’s securities.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1136919667"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1136919667\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1136919667?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-27 19:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1136919667","market":"sg","top_or_hot":-1,"title":"Far East Orchard faces potential GBP4.74 million claim after cyber-fraud incident at UK unit","media":"SGX Filings","content":"<p>Far East Orchard Limited announced that its United Kingdom subsidiary, Homes for Students Limited, received a Letter Before Action dated Feb, 13 2026 from an existing client seeking about GBP4.74 million in connection with a cyber-fraud incident.</p>\n<p>The client has not commenced formal legal proceedings. Based on preliminary external legal advice, the company believes there are grounds to defend the claim and said it will vigorously contest any action that may follow.</p>\n<p>Far East Orchard cautioned that a successful claim for the full amount could adversely affect the group’s profitability. The company added that its IT systems are independent of the client’s and have not been impacted, and that business operations continue as normal.</p>\n<p>The board said it will provide further updates in accordance with Singapore Exchange listing rules and advised shareholders and investors to exercise caution when trading the company’s securities.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Far East Orchard faces potential GBP4.74 million claim after cyber-fraud incident at UK unit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFar East Orchard faces potential GBP4.74 million claim after cyber-fraud incident at UK unit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1083912268\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">SGX Filings </p>\n<p class=\"h-time\">2026-02-27 19:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Far East Orchard Limited announced that its United Kingdom subsidiary, Homes for Students Limited, received a Letter Before Action dated Feb, 13 2026 from an existing client seeking about GBP4.74 million in connection with a cyber-fraud incident.</p>\n<p>The client has not commenced formal legal proceedings. Based on preliminary external legal advice, the company believes there are grounds to defend the claim and said it will vigorously contest any action that may follow.</p>\n<p>Far East Orchard cautioned that a successful claim for the full amount could adversely affect the group’s profitability. The company added that its IT systems are independent of the client’s and have not been impacted, and that business operations continue as normal.</p>\n<p>The board said it will provide further updates in accordance with Singapore Exchange listing rules and advised shareholders and investors to exercise caution when trading the company’s securities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"O10.SI","symbol_name":"远东乌节","start_time":0,"source_url":"","article_id":"1136919667","we_media_id":"1083912268","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1136919667","pubTimestamp":1772190878,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"SGX Filings","introduction":"Fastest News on SGX Filings ","home_visible":1,"id":"1083912268","head_image":"https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39"},"summary":"Far East Orchard Limited announced that its United Kingdom subsidiary, Homes for Students Limited, received a Letter Before Action dated Feb, 13 2026 from an existing client seeking about GBP4.74...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"O10.SI":"远东乌节"},"translate_title":"远东果园英国子公司发生网络欺诈事件后可能面临474万英镑索赔","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"O10.SI":1},"content_text":"Far East Orchard Limited announced that its United Kingdom subsidiary, Homes for Students Limited, received a Letter Before Action dated Feb, 13 2026 from an existing client seeking about GBP4.74 million in connection with a cyber-fraud incident.\nThe client has not commenced formal legal proceedings. Based on preliminary external legal advice, the company believes there are grounds to defend the claim and said it will vigorously contest any action that may follow.\nFar East Orchard cautioned that a successful claim for the full amount could adversely affect the group’s profitability. The company added that its IT systems are independent of the client’s and have not been impacted, and that business operations continue as normal.\nThe board said it will provide further updates in accordance with Singapore Exchange listing rules and advised shareholders and investors to exercise caution when trading the company’s securities.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"SGX","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}