Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Saudi Arabian Stock Exchange  >  Kingdom Holding Company    4280   SA31RG522S19

KINGDOM HOLDING COMPANY

(4280)
  Report
SummaryChartsNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Kingdom Holding Company : Prince Alwaleed Inaugurates Raffles Seychelles Resort & Residences

share with twitter share with LinkedIn share with facebook
05/29/2013 | 10:04pm EDT

May 29, 2013

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) inaugurated on Monday May 27th, 2013 The Raffles Seychelles Resort and Residences on the northeast tip of Praslin Island, the second largest island in the Seychelles.

Moreover, the inauguration was attended by Mr. Simon Hirst, General Manager, Raffles Seychelles Resort and Residences and a delegation from KHC that included Dr. Nahla Alanbar, Private Executive Assistant to HRH the Chairman, Ms. Amani Algahtani, Assistant Executive Manager to HRH Palace, Mr. Naief Alzuhair, Manager Website & Social Media, Corporate Communications Department, Ms. Manal Alshammary, Protocol Department Manager, Mr. Hani Agha, Senior Manager for Travel and External Affairs, Mr. Fahad Bin Saad Bin Nafel, Executive Assistant to HRH the Chairman and the Resort and Residences executives and Mr. Mohammed Alfaraj, Assistant Manager, for Travel and External Affairs.

The Raffles Seychelles Resort and Residences is a 90- luxury villa resort hotel and 17 private residential villas. The cost of the Raffles Seychelles Resort and Residences is US$ 137 million and managed by Fairmont in which KHC owns a 38% stake.

In 2010, Prince Alwaleed visited the Republic of Seychelles. Prince Alwaleed was accompanied by a delegation from KHC and Alwaleed Bin Talal Foundation that is chaired by HRH. Prince Alwaleed was warmly welcomed by the President and people of the Republic of Seychelles and met with His Excellency President James Michel. The President and the Prince discussed economic, social and humanitarian issues, in addition to Prince Alwaleed's investments in the country. Furthermore, the two discussed further investment opportunities in the hotel sector in Seychelles.

Also during the visit, Prince Alwaleed was awarded The Republic of the Seychelles Plaque the highest honor granted by the country in recognition of HRH's invaluable contribution to the socio-economic development of the country for the people of Seychelles.

Moreover, Kingdom Holding's other investments in the Seychelles is through the management of Four Seasons Resort Seychelles. The Resort has 62 tree house villas, five suites and 28 Private Residences. The Four Seasons in which Kingdom Holding holds a 47.5% stake and is co-owned by Bill Gates' Cascade in which the company holds a 47.5% stake, and 5% of the Four Seasons is owned by Isadore Sharp.

distributed by
share with twitter share with LinkedIn share with facebook
Latest news on KINGDOM HOLDING COMPANY
2018Careem planning to spend $150 million to launch food delivery business - sour..
RE
2018Ex-CEO of Banque Saudi Fransi under travel ban amid probe into staff bonus br..
RE
2018AccorHotels to buy Movenpick for emerging markets boost
RE
2018Prince Alwaleed's firm sells Movenpick Hotels to AccorHotels
RE
2018AccorHotels to pursue acquisitions, no special dividend
RE
2018Saudi's Kingdom Holding proposes fiscal year dividend
RE
2018EXCLUSIVE : Uber's Middle East rival Careem in talks on new funds - sources
RE
2018EXCLUSIVE - UBER'S MIDDLE EAST RIVAL : sources
RE
2018Formerly detained Saudi businessmen Alwaleed and Alhokair in talks for loans
RE
2018Confident AccorHotels books record annual profit
RE
More news
Financials
Sales 2020 1 926 M 514 M 514 M
Net income 2020 84,9 M 22,6 M 22,6 M
Net Debt 2020 12 615 M 3 363 M 3 363 M
P/E ratio 2020 342x
Yield 2020 7,31%
Capitalization 25 348 M 6 757 M 6 758 M
EV / Sales 2019
EV / Sales 2020 19,7x
Nbr of Employees -
Free-Float 5,00%
Chart KINGDOM HOLDING COMPANY
Duration : Period :
Kingdom Holding Company Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 1
Average target price 6,65 SAR
Last Close Price 6,84 SAR
Spread / Highest target -2,78%
Spread / Average Target -2,78%
Spread / Lowest Target -2,78%
EPS Revisions
Managers
NameTitle
Talal bin Ibrahim Al-Maiman Chief Executive Officer & Executive Director
Alwaleed bin Talal Al-Saud Chairman
Adel bin Abdulaziz Al Abdussalam Chief Financial Officer & Executive Director
Taher Mohammed Omar Agueel Independent Director
Khaled Abdullah Al-Suhaim Deputy Chairman
Sector and Competitors
1st jan.Capitalization (M$)
KINGDOM HOLDING COMPANY-9.40%6 777
INVESTOR AB (PUBL)-0.49%41 890
CK HUTCHISON HOLDINGS LIMITED-29.07%26 769
HAL TRUST-11.81%11 977
KOC HOLDING AS--.--%6 546
LIFCO AB (PUBL)6.56%5 975