Fugitive businessman Low Taek Jho is the CEO of Hong Kong-based private equity investment and advisory firm Jynwel Capital.
PETALING JAYA: The US$250mil (RM1bil) superyacht Equanimity, which purportedly belonged to fugitive businessman Low Taek Jho, also known as Jho Low, has arrived in the Indonesian island of Batam.
A source said the vessel was navigating through the busy Monday morning waterway along the Singapore Strait at eight knots, making its way to the Batu Ampar port.
However, the vessel did not head to the port as scheduled. Instead, it anchored near the Pulau Nong lighthouse at the entrance to Tering Bay around 9.30am, the source told The Star.
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