All Seagate Global Group entities are separate legal entities and should be treated a such. There may be contractual relationships and similar shareholders among the companies, but financial responsibility between companies is strictly limited. An obligation of one company is for that company only, unless there is an expressly written guarantee or other written relationship. No other relationship or obligation is expressed or implied. This website is to be used solely for general informational purposes. We do not make any representation or warranties of any kind, express or implied, about the completeness, reliability, accuracy or availability with respect to the information/website or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage or any loss or damage arising in connection with the information stated herein. This is neither an offer to buy or sell securities. Past performance is not a guarantee of future returns.

Affordable Housing for Government Employees

Seagate Global invests in Malaysia government employee housing projects guaranteed by the government under the PPAM program and other official affordable housing programs. The projects range from single story developments to high-rise apartment buildings. The government co-invests alongside Seagate in the projects. The homes are sold below market value which creates a large demand for these new, attractively priced, modern homes. Through this program, Seagate originates high yielding government guaranteed housing receivables for international investors.

Government Trade Receivables

Seagate’s Government Trade Receivable program is one of our first Malaysia initiatives. We started by supplying construction materials. Over the years, we have expanded this program and we are now an official supplier to the Malaysian Government where we supply goods for various Ministries and Agencies. The government identifies local goods for Seagate to buy for the government. This creates a government trade receivable. We have used this supplier experience to help strengthen our housing initiative by reducing the price of construction materials. All receivables generated through this program are a direct obligation of the Government of Malaysia.