The Singapore tycoon attacked on Monday night took a swipe at the SAR's crime record on his return to the Lion City. 'It's great to be back in Singapore where it is safe,' said China Strategic Holdings chairman Oei Hong Leong, 51, who was set upon by a gang at the luxury Parkview complex. Mr Oei's return coincided with news he plans to sell his mainland assets to invest in technology firms in Silicon Valley, California. Mr Oei was attacked as he was getting out of his car at the clubhouse in Parkview, Tai Tam Reservoir Road. He said he believed the four assailants were trying to kidnap him, although Hong Kong police said there was not enough evidence to classify the case as an attempted abduction. And a Security Bureau spokesman defended Hong Kong's crime record. 'Hong Kong remains a safe city, with the overall crime rate much lower than that of many others,' he said. 'We will continue to take vigorous action to maintain law and order.' Officials say the crime rate is comparable to that of Singapore. Hong Kong's published crime rate for 1998 was 1,076 crimes per 100,000 people, while Singapore's was 1,248. Mr Oei's driver and a security guard from the complex went to his aid and subdued one of the attackers. Mr Oei, who suffered bruised legs and a swollen face, told the Straits Times he believed he was being kidnapped. Two men, aged 18, have appeared in court charged with wounding with intent. Another man, 18, was charged with wounding yesterday and is expected to appear in Western Court today. A fourth suspect, 42, is on bail. In revealing his business plans, Mr Oei said he had been spellbound during three trips to Silicon Valley in October. 'Within one month I was brainwashed by the Internet craze. I realised the Internet was a revolution,' he told Singapore's Business Times. Mr Oei, who is well-connected to influential political and business figures on the mainland, said he planned to sell his mainland assets - toll roads, bridges and factories - for $4 billion to $5 billion to buyers including Japanese and British firms and the Government.