Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Saudi Arabia
  4. Saudi Arabian Stock Exchange
  5. Kingdom Holding Company
  6. News
  7. Summary
    4280   SA31RG522S19

KINGDOM HOLDING COMPANY

(4280)
  Report
End-of-day quote Saudi Arabian Stock Exchange  -  2023-03-21
7.900 SAR   +1.28%
02/07Matajer Central Co. announced that it has received $133 million in funding from Kingdom Holding Company, Uni-Ventures, and other investors
CI
2022Quantcube Technology announced that it has received funding from Kingdom Holding Company, Moody's Corporation, Strategic Development Fund and other investors
CI
2022Kingdom Holding Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Kingdom Holding Company : Prince Alwaleed & Kingdom Holding Co. Make a $300 Million Investment in Twitter (19/12/2011)

12/19/2011 | 01:28am EDT
Prince Alwaleed & Kingdom Holding Co. Make a $300 Million Investment in Twitter
19/12/2011

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, and Kingdom Holding Company (KHC), announced today, Monday, December 19th 2011, a combined investment of $300 Million in Twitter. This investment was the result of several months of negotiations and comprehensive due diligence and represent a strategic stake in Twitter.

Prince Alwaleed commented: "Our investment in Twitter reaffirms our ability in identifying suitable opportunities to invest in promising, high-growth businesses with a global impact."

Eng. Ahmed Halawani, KHC Executive Director of Private Equity and International Investments commented: "We believe that social media will fundamentally change the media industry landscape in the coming years.Twitter will capture and monetize this positive trend."

Twitter is a communication platform that instantly connects people everywhere to what`s most meaningful to them. At the heart of Twitter are small bursts of information called Tweets, which are 140 characters or less in length. With 250 million Tweets per day and more than 100 million active users, there is something for everyone on Twitter, no matter what you`re interested in or where you are in the world. Twitter can be accessed on the web, on smartphones and on the simplest of feature phones.

Prince Alwaleed has a strong presence and influence in media through his investments in media and entertainment in the Arab world, and beyond like the Saudi Research and Marketing Group (SRMG), in which Kingdom Holding holds a 29.9% stake. The publications that fall under SRMG include Asharq Al Awsat, Al Eqtisadiah, Arab News, Hia magazine, Al Majalla magazine, Arrajol magazine and Sayidati magazine. Furthermore, other entities that fall under SRMG are Al Khaleejiya for Publicity Advertising and Public Relations and Al Madina Printing and Publishing Company. Furthermore, KHC is owner of approximately 7 percent of News Corporation's Class B Common Stock.

In February 2010, Rotana Group announced that Newscorp has reached an agreement to buy a 9.09 percent stake in Rotana Group, to further develop its postion in the media sector in the Middle East and expand it horizon. Under the terms of the agreement, News Corporation will acquire newly-issued shares in Rotana for $70 million. News Corp. has an option to increase its stake to 18.18 percent in the 18 months following completion.

In addition, HRH Prince alwaleed recently announced his plans to launch his privately owned Alarab news channel, the news channel will be managed by Mr. Jamal Khashoggi.

distribué par

Ce noodl a été diffusé par Kingdom Holding Company et initialement mise en ligne sur le site http://www.kingdom.com.sa. La version originale est disponible ici.

Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2011-12-19 07:23:33 AM et restera accessible depuis ce lien permanent.

Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité.


© Publicnow 2011
All news about KINGDOM HOLDING COMPANY
02/07Matajer Central Co. announced that it has received $133 million in funding from Kingdom..
CI
2022Quantcube Technology announced that it has received funding from Kingdom Holding Compan..
CI
2022Kingdom Holding Company Reports Earnings Results for the Third Quarter and Nine Months ..
CI
2022Democratic U.S. senator wants probe into Saudi stake in Twitter
RE
2022Saudi's Kingdom Holding company to maintain Twitter stake
RE
2022Elon R. Musk completed the acquisition of remaining..
CI
2022Kingdom Holding Company Reports Earnings Results for the Second Quarter and Six Months ..
CI
2022Saudi prince made $500 mln Russia bet at start of Ukraine war
RE
2022Saudi Arabia's Kingdom Holding Invests In Russian Groups Gazprom, Lukoil, Rosneft
MT
2022Saudi Arabia's Kingdom Holding invests in Russian energy companies
RE
More news
Financials
Sales 2022 2 745 M 731 M 731 M
Net income 2022 7 055 M 1 878 M 1 878 M
Net Debt 2022 8 167 M 2 175 M 2 175 M
P/E ratio 2022 4,11x
Yield 2022 6,40%
Capitalization 28 943 M 7 706 M 7 706 M
EV / Sales 2022 13,5x
EV / Sales 2023 11,4x
Nbr of Employees -
Free-Float 5,00%
Chart KINGDOM HOLDING COMPANY
Duration : Period :
Kingdom Holding Company Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends KINGDOM HOLDING COMPANY
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 1
Last Close Price 7,81 SAR
Average target price 8,29 SAR
Spread / Average Target 6,15%
EPS Revisions
Managers and Directors
Talal bin Ibrahim bin Ali Al-Maiman Chief Executive Officer & Executive Director
Adel Abdulaziz Alabdulsalam Chief Financial Officer & Executive Director
Alwaleed bin Talal Al-Saud Chairman
Tamim Bassam Jabr Executive Director-International Investments
Hesham Sulaiman Abdul Aziz Al Habib Independent Director
Sector and Competitors
1st jan.Capi. (M$)
KINGDOM HOLDING COMPANY2.07%7 706
INVESTOR AB (PUBL)5.24%58 624
CK HUTCHISON HOLDINGS LIMITED3.52%23 664
GROUPE BRUXELLES LAMBERT SA0.70%11 375
KOÇ HOLDING A.S.-4.66%10 485
LIFCO AB (PUBL)17.08%8 882
Secure and increase the performance of your investments with our team of experts at your side.
Securing my Investments
fermer