Genting Owner Lim
Kok Thay Lim, the chairman of Malaysia-based Genting Group, has announced his intention to acquire all of the remaining outstanding shares of Empire Resorts in an effort to take the company. Genting is active in leisure and hospitality and owns many resorts. The group is headed by Lim Kok Thay. His father founded Genting. Her new owner changed the name of the yacht into Tranquility. Who is Lim Kok Thay? He is a billionaire based in Malaysia. He is chairman and shareholder at the Genting Group. He was born in August 1951.
A 91.5-metre superyacht has been bought by Orient Peace, the Cayman Islands-registered unit of Genting Group.
After doing some research, Lim found Gunung (mountain in Malay) Ulu Kali at a place called Genting Sempah to be an ideal location for his plan. Genting Hong Kong had acquired Zouk Group in 2015 for an undisclosed sum. Its new owner Tulipa is owned by Lim Keong Hui, the son of Genting Hong Kong’s controlling shareholder Lim Kok Thay.
The superyacht, formerly named Equanimity, is actually a trophy in one of the world’s biggest financial heists at which previous owner—Low Taek Jho, or Jho Low—was at the centre. Equanimity was seized in February 2018 in Bali, during a global hunt initiated by the US Department of Justice to seize assets bought with funds from the scandal.
Low had bought the superyacht for US$250 million (HK$1.9 billion) in 2014, which was then sold to Genting Group for less than half the price in April this year. The group has since renamed the vessel ‘Tranquility’.
Genting, a multibilliondollar Malaysia-based empire, is helmed by Lim Kok Thay whose son and Tatler cover star, Loui Lim, is executive vice-president of new ship designs for Genting Cruise Lines (which includes Star Cruises, Dream Cruises and the ultra-luxury Crystal Cruises) and vice-president of leisure and hospitality for Genting Malaysia’s land-based resorts.
See also: Making Waves: How Genting Group's Loui Lim Is Rocking The Boat
The superyacht boasts some incredibly impressive features, including stunning interiors designed by Andrew Winch Designs in the UK, a firm that’s renowned for designing private jets, superyachts and mansions for the world’s elite.
Genting Owner Lim Goh Tong
Tranquility, built to entertain, is designed to accommodate up to 22 guests overnight in 11 cabins, comprising a master suite, four VIP staterooms, two double cabins and two twin cabins.
It also features a “beach club” with folding platforms that drop town to the water, a circular jacuzzi with a clear bottom is on the upper deck which is visible from the deck below, and a one-of-a-kind grand piano in the main saloon, decorated in bamboo, marble, gold leaf and wenge wood, which comes from an endangered tree species. And to stay swimsuit-ready at all times, there is also an on-board gym, sauna and massage room.
Maintenance cost on the yacht is estimated at US$483,000 (HK$3.7 million) per month, which somewhat explains the cool weekly charter price tag of US$1.25 Million (HK$9.7 million). It is currently docked in Le Vieux Port at Cannes on the French Riviera. Time to start planning your next private cruise, perhaps?
See also: 10 Best Luxury Villas In Bali
A 91.5-metre superyacht has been bought by Orient Peace, the Cayman Islands-registered unit of Genting Group.
The superyacht, formerly named Equanimity, is actually a trophy in one of the world’s biggest financial heists at which previous owner—Low Taek Jho, or Jho Low—was at the centre. Equanimity was seized in February 2018 in Bali, during a global hunt initiated by the US Department of Justice to seize assets bought with funds from the scandal.
Low had bought the superyacht for US$250 million (HK$1.9 billion) in 2014, which was then sold to Genting Group for less than half the price in April this year. The group has since renamed the vessel ‘Tranquility’.
Genting, a multibilliondollar Malaysia-based empire, is helmed by Lim Kok Thay whose son and Tatler cover star, Loui Lim, is executive vice-president of new ship designs for Genting Cruise Lines (which includes Star Cruises, Dream Cruises and the ultra-luxury Crystal Cruises) and vice-president of leisure and hospitality for Genting Malaysia’s land-based resorts.
See also: Making Waves: How Genting Group's Loui Lim Is Rocking The Boat
Genting Founder Lim Goh Tong
The superyacht boasts some incredibly impressive features, including stunning interiors designed by Andrew Winch Designs in the UK, a firm that’s renowned for designing private jets, superyachts and mansions for the world’s elite.
Tranquility, built to entertain, is designed to accommodate up to 22 guests overnight in 11 cabins, comprising a master suite, four VIP staterooms, two double cabins and two twin cabins.
It also features a “beach club” with folding platforms that drop town to the water, a circular jacuzzi with a clear bottom is on the upper deck which is visible from the deck below, and a one-of-a-kind grand piano in the main saloon, decorated in bamboo, marble, gold leaf and wenge wood, which comes from an endangered tree species. And to stay swimsuit-ready at all times, there is also an on-board gym, sauna and massage room.
Maintenance cost on the yacht is estimated at US$483,000 (HK$3.7 million) per month, which somewhat explains the cool weekly charter price tag of US$1.25 Million (HK$9.7 million). It is currently docked in Le Vieux Port at Cannes on the French Riviera. Time to start planning your next private cruise, perhaps?
See also: 10 Best Luxury Villas In Bali