Court grants application to sell ‘Equanimity’


KUALA LUMPUR: The Admiralty Court here has granted an application by the 1Malaysia Development Bhd (1MDB) Group and the government to sell the Equanimity super­yacht, which is allegedly linked to businessman Low Taek Jho.

Judicial Commissioner Kadijah Idris allowed the application to sell the ship by 1MDB, its subsidiaries 1MDB Energy Holdings Ltd and 1MDB Global Investment Ltd, and the government pursuant to Order 29 Rule 4 of Rules of Court 2012.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
News , bureaus

Next In Nation

Floods: Situation unchanged in three states
Johor Perikatan chairman resigns following Muhyiddin’s announcement
Organ transplantation to be made part of national agenda next year
Najib files appeal against 1MDB conviction and RM11.4bil fine
Muhyiddin: I resign as Perikatan chief
Muhyiddin reportedly offers to step down as Perikatan chief
Woman fined RM35,000 for stealing RM130,000 from mum
Red flag over fast car and fast cash
FROM DREAMS TO CAREERS
Experts:�Global rankings are a guide, not the end goal of universities

Others Also Read