(Dec 5): The Equanimity super-yacht that allegedly once belonged to fugitive businessman Low Taek Jho will be sold with a nine-digit price tag before March 31, according to 1Malaysia Development Bhd (1MDB) lawyer Sitpah Selvaratnam.

A nine-digit price tag could range from RM100 million ($32.88 million) to just below the ten-digit RM1 billion-mark.

Sitpah said the Sheriff of the Admiralty Court would be seeking the necessary orders from court to commence the second phase of the judicial sale by private treaty for closing the sale no later than March 31.

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