Court allows Equanimity sale pending ownership litigation

KUALA LUMPUR (Aug 24): The superyacht Equanimity, which is linked to Low Taek Jho — the alleged mastermind behind 1Malaysia Development Bhd's troubles — may find a new owner "in the next two or three months" after a Malaysian court granted an application to facilitate the sale of the vessel today.

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Homestays are where the party's at

PETALING JAYA (August 24): Short-term accommodation rentals of homes in the Klang Valley are being pegged as the new venue of choice for raves, wild parties which may feature drug-use, loud music and alcohol consumption.

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Country Garden considers increasing investments in Malaysia

PETALING JAYA (Aug 24): Hong Kong-listed property developer Country Garden Holdings founder and chairman Yeung Kwok Keung is confident in Malaysia’s economic prospects under the new government and plans to enlarge its investments in Malaysia, according to a report by Chinese daily Nanyang Siang Pau.

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