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KUALA LUMPUR (September 18): Berjaya Corp Bhd founder and CEO Tan Sri Vincent Tan Chee Yioun said today that the diversified group has no interest in Sea Gamer Mall Sdn Bhd (SEAGM), of which two Malaysian executives were accused of inciting five Chinese hackers. in alleged computer crimes and other related crimes.
In a statement today, Vincent, who is a passive investor in SEAGM, said reference is made to the recent arrest of the two Malaysian SEAGM executives by Malaysian authorities, pending their extradition to the US. face criminal charges by the US Department of State Justice (DoJ).
“SEAGM operates an established global digital commerce platform for computer gamers, game developers and publishers. According to a statement from the US Department of Justice dated September 16, 2020, the masterminds of the alleged cybercrime and Other related crimes were five Chinese nationals who are sophisticated and advanced in computer hackers.
“The two Malaysian SEAGM executives were accused of being complicit with the five Chinese hackers, as the SEAGM online trading platform was allegedly used to sell the stolen digital products by the five Chinese hackers.
“Neither SEAGM nor the two executives possess the expertise or tools in hacking and hacking. The two SEAGM executives maintain their innocence and have appointed Malaysian legal advisers to represent them,” Vincent said.
According to him, SEAGM is a local Malaysian company based in Sitiawan, Perak with offices in China, Thailand and Indonesia. It stated that SEAGM, which employs 172 people and serves 2.7 million registered users worldwide, has been the fastest growing online gaming digital trading platform in Southeast Asia for more than 10 years.
Vincent said today that it was introduced to SEAGM sometime in 2007 by a business partner. He said that he recognized the future potential of SEAGM and decided to invest in the company through a private entity.
“I have been a passive investor in SEAGM for the past 13 years. My daughters, namely Nerine Tan and Chryseis Tan, were non-executive directors of SEAGM. At all times, my daughters were not involved at all in the management of the company. They they were just my nominees on the SEAGM board, both Nerine and Chryseis have already resigned prior to this incident.
“I wish to clarify that the Berjaya Corp Group of Companies has no interest in SEAGM. I also previously privately invested in another MOL online and gaming platform which I have since divested. My stake in SEAGM is completely my personal investment that I can choose from. Divest when the time is right.
“As a passive investor, all day-to-day decisions in running the company (SEAGM) and the business were left entirely to SEAGM’s key executives, whom I considered to be a dynamic and experienced management team. Incident, management SEAGM has stepped up security measures to protect all customer personal data.
“Management has assured me that SEAGM will extend its full cooperation to the authorities and continue its mission of offering the safest services to all of its millions of customers around the world,” said Vincent.
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