As at July 2, there has been no material impact to its business operations arising from this incident, and Hiap Seng has appointed third-party experts to carry out forensic investigations on the incident, and advise on strengthening its overall cybersecurity.
The incident has also been reported to the relevant authorities and investigations are currently ongoing.
There will be further updates should there be any developments.
Shares in Hiap Seng closed at 0.5 cents on July 2.
