1MDB and govt apply for quick sale of Equanimity to avoid further depreciation

KUALA LUMPUR: The sale of the superyacht Equanimity should be expedited, according to a court order filed by 1Malaysia Development Bhd (1MDB) and three other parties.

1MDB, its two subsidiaries, 1MDB Energy Holdings Ltd and 1MDB Global Investment Ltd, and the government have named the owner of the ship Equanimity of Cayman Islands as the sole defendant in the suit filed via the law firm of Jeremy Joseph and partners on Thursday (Aug 23).