News about Equanimity

KUALA LUMPUR (April 3): Finance Minister Lim Guan Eng said today the amount of money and effort to maintain and service superyacht Equanimity is "very taxing" because the government incurred some RM14.

  KUALA LUMPUR (April 3): The acquisition of the Equanimity superyacht will provide Genting Malaysia Bhd (GenM) with a competitive edge, according to the group.

  KUALA LUMPUR (April 3): Malaysia-based company Genting Malaysia Bhd or its special purpose vehicle (SPV) has agreed to purchase the controversial luxury yacht "The Equanimity" for US$126 million.

PUTRAJAYA (April 1): Yesterday was the deadline to dispose of Equanimity, but the premier yacht looks set to dock in our waters till the next deadline.

KUALA LUMPUR (March 28): The Government is turning to private treaty or direct sale to dispose of the Equanimity after an auction failed to obtain an agreeable price for the mega-yacht, said Finance Minister Lim Guan Eng.

PETALING JAYA (Feb 8): The sale of the superyacht Equanimity is progressing well and many potential buyers have visited the vessel currently moored in Langkawi, said Jonathan Beckett, CEO of Burgess, the luxury yacht specialist which is the appointed agent to sell the vessel.

LONDON (Jan 22): Equanimity, the luxury yacht with an infamous reputation, failed to secure a buyer from an auction held since last year-end.

PETALING JAYA (Jan 4): The filings on 19 to 21 December 2018 by the Department of Justice (DOJ) in the United States District Court for the Central District of California confirmed many things - that the forfeiture action against the Equanimity by the United States of America had been publicised in accordance with the law; and Jho Low’s company Equanimity (Cayman) Ltd had filed a claim to the Equanimity in that action; and that all such claims to the Equanimity have now been withdrawn.

KUALA LUMPUR (Dec 18): The "fire sale" of luxury superyacht Equanimity, which will be transacted at half of its original price, is a failure that is to be blamed on the Malaysian government, claims fugitive financier Low Taek Jho (Jho Low).

KUALA LUMPUR (Nov 30): Bids from potential buyers from all over the world were received for the Equanimity which was previously owned by fugitive financier Low Taek Jho (Jho Low).