Equanimity: Superyacht Fetches Nine Digit Price Tag
97 views · Published 5 December 2018 · 1:22 · Indexed 12 November 2026
Channel: 7Edition · 2018 · News & Politics
The luxury yacht Equanimity purportedly linked to fugitive businessman Low Taek Jho or Jho Low will be sold at a pricetag to the tune of hundreds of millions of ringgit by March 31st, 2019. This is the second stage of the judicial sale process that the Sheriff of the Admiralty Court deemed would be beneficial in securing the optimum value for the superyacht. Counsel S. Sitpah who acted for 1Malaysia Development Bhd (1MDB) and two of its subsidiaries said the Sheriff will be seeking the necessary orders from the court to commence the second phase of the judicial sale by private treaty.
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