RHB reiterates 'buy' call on Genting, Equanimity's new owner | Malay Mail

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RHB reiterates 'buy' call on Genting, Equanimity's new owner

Genting Malaysia Bhd is the new owner of superyacht Equanimity and RHB group has reiterated its 'buy' call for the group. — Anatara Foto/Reuters pic

RHB Research said the sale marks the highest recovery for the government from the 1Malaysia Development Bhd case, as the sum proposed by Genting was the highest bid since Equanimity was put on the block in Oct 2018. “The reported initial amount paid to purchase the yacht was US$250 million, which has a marble interior, a spa and sauna, a 20-metre swimming pool, movie theatre and a helipad.

 

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