Admiralty Court allows Govt and 1MDB group to sell superyacht Equanimity

The superyacht Equanimity, belonging to Jho Low, is brought to Boustead Cruise Terminal in Port Klang, Malaysia on Aug 7, 2018. – Reuters

KUALA LUMPUR: The Admiralty Court here has granted an application by the Malaysian government, 1Malaysia Development Bhd (1MDB) and two of its subsidiaries to sell the superyacht Equanimity.

Ong Chee Kwan, counsel for 1MDB and its two subsidiaries, 1MDB Energy Holdings Ltd and 1MDB Global Investment Ltd, told reporters this after proceedings in chambers before Justice Khadijah Idris on Friday (Aug 24).