Equanimity sale gets warm response despite niche, short notice - Nation - News Summed Up

Equanimity sale gets warm response despite niche, short notice - Nation


PETALING JAYA: Interest in the superyacht Equanimity, once owned by fugitive businessman Jho Low, has come from around the world, with bidders placing a US$1mil (RM4.18mil) deposit to qualify for the auction. “Given the extremely niche, specialist and elite market, within the short time that the Equanimity was open for the offer, we have received interest from around the world. Yesterday, the sealed bids for the superyacht were opened by the Sheriff of the High Court as part of the judicial sale process in the presence of the legal team and Burgess. “We are not at liberty to reveal the number or value of these offers,” it said. The statement said the appraised value of Equanimity remained confidential as with the identity of the bidders to protect their privacy and the integrity of the process until the completion of the sale.


Source: The Star November 29, 2018 21:33 UTC



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