A - Incorrect: This is a run-on sentence. The clause introduced by they featured is an independent clause, which requires a coordinating conjunction in order to avoid creating a comma splice. Also, the plural pronoun they has an ambiguous antecedent.

B - Incorrect: The relative pronoun which wrongly modifies yacht, illogically implying that the yacht featured the finest wines.

C - Incorrect: The awkward phrasing of the modifying phrase introduced by the word who implies that the Korean pop star was only a star in his yacht.

E - Incorrect: The modifier that featured should modify the parties and not the yacht.

D - Correct: The opening modifier in his yacht modifies the noun immediately after the comma, VJ Malya, correctly, and the final clause concisely describes the parties.

D is the correct answer.