0528.HK - Kingdom Holdings Limited

HKSE - HKSE Delayed Price. Currency in HKD
0.960
-0.010 (-1.031%)
As of 2:18PM HKT. Market open.
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Previous Close0.970
Open0.950
Bid0.950 x 0
Ask0.970 x 0
Day's Range0.950 - 0.960
52 Week Range0.890 - 1.250
Volume90,000
Avg. Volume54,727
Market Cap590.091M
BetaN/A
PE Ratio (TTM)7.85
EPS (TTM)0.122
Earnings DateN/A
Forward Dividend & Yield0.05 (5.15%)
Ex-Dividend Date2017-06-06
1y Target Est1.00
  • Exclusive: Saudi prince detention holds up loan to investment firm - sources
    Yahoo Finance Video2 months ago

    Exclusive: Saudi prince detention holds up loan to investment firm - sources

    Kingdom Holding's plan to borrow money to fund new investments has stalled because owner Prince Alwaleed bin Talal has been detained in Saudi Arabia's anti-corruption crackdown.

  • Reuters5 days ago

    CFO of Saudi Prince Alwaleed's Kingdom Holding quits: sources

    Mohamed Fahmy, who has worked with the company for about five years and is believed to be a close aide of the Saudi billionaire, will leave the firm at the end of February, the sources told Reuters, requesting anonymity because of the commercial sensitivity of the matter. The sources said the reason for Fahmy's departure was not clear but it was not related to the detention of Prince Alwaleed, who has been held since November among dozens of officials and businessmen in a government crackdown on corruption. Kingdom Holding did not respond to a request for comment.

  • Reuters8 days ago

    Saudi's Kingdom Holding sells Beirut Four Seasons hotel stake- sources

    Saudi Arabian investment firm Kingdom Holding has sold its stake in the Four Seasons Hotel in Beirut for around $100-115 million including debt, sources told Reuters on Monday. One source said the buyer is a Saudi businessman of Lebanese origin and the deal was done in December. Sources have told Reuters the hotel had been up for sale for a long time and was not linked to the detention in November of Kingdom Holding's billionaire chairman, Prince Alwaleed bin Talal, in a Saudi government anti-corruption drive.

  • Reuters9 days ago

    Saudi Prince Alwaleed in settlement talks with government -sources

    DUBAI/JEDDAH, Jan 14 (Reuters) - Saudi Arabia's billionaire Prince Alwaleed bin Talal, detained for over two months in an anti-corruption crackdown, is negotiating a possible settlement with authorities but so far has not agreed on terms, a senior Saudi official said. Prince Alwaleed, whose net worth has been estimated by Forbes magazine at $17 billion, is chairman and owner of international investment firm Kingdom Holding, and one of the country's most prominent businessmen. A second source familiar with Prince Alwaleed's case told Reuters on Saturday that the price had offered to make a "donation" to the Saudi government, which would avoid any admission of wrongdoing, and to do so from assets of his own choosing.

  • Saudi Squeeze on Alwaleed Has More at Stake Than Money
    Bloomberg25 days ago

    Saudi Squeeze on Alwaleed Has More at Stake Than Money

    The motive behind Crown Prince Mohammed bin Salman’s purge might become clearer soon.

  • The Wall Street Journallast month

    [$$] The Price of Freedom for Saudi Arabia’s Richest Man: $6 Billion

    Saudi authorities are demanding at least $6 billion from Saudi Prince al-Waleed bin Talal to free him from detention, people familiar with the matter said, potentially putting the global business empire ...

  • Alwaleed's $1 Billion Loan for Fransi Stake Is Said on Hold
    Bloomberg2 months ago

    Alwaleed's $1 Billion Loan for Fransi Stake Is Said on Hold

    Kingdom Holding Co.’s plan to raise about $1 billion in loans is on hold after its owner Prince Alwaleed Bin Talal was detained as part of the country’s anti-corruption drive, people familiar with the ...

  • Exclusive: Saudi prince detention holds up loan to investment firm - sources
    Reuters2 months ago

    Exclusive: Saudi prince detention holds up loan to investment firm - sources

    Kingdom Holding's plan to borrow money to fund new investments has stalled because owner Prince Alwaleed bin Talal has been detained in Saudi Arabia's anti-corruption crackdown, according to four banking sources familiar with the matter. Kingdom had approached banks to obtain the loan, but the financing plan has been held up because the lenders are worried about potential repercussions if they lend to the prince's company, the sources said. One of the sources, who was approached for the loan, said it would have been worth roughly 5 billion riyals ($1.3 billion).

  • Reuters2 months ago

    Exclusive: Saudi prince detention holds up loan to investment firm - sources

    Kingdom Holding's plan to borrow money to fund new investments has stalled because owner Prince Alwaleed bin Talal has been detained in Saudi Arabia's anti-corruption crackdown, according to four banking sources familiar with the matter. Kingdom had approached banks to obtain the loan, but the financing plan has been held up because the lenders are worried about potential repercussions if they lend to the prince's company, the sources said. One of the sources, who was approached for the loan, said it would have been worth roughly 5 billion riyals ($1.3 billion).

  • Saudi Billionaires Said to Seek Ring Fencing Assets Amid Purge
    Bloomberg2 months ago

    Saudi Billionaires Said to Seek Ring Fencing Assets Amid Purge

    Wealthy Saudis are seeking to restructure their businesses to ring fence assets in case authorities widen their declared crackdown on corruption, according to three people with knowledge of the matter....

  • Reuters2 months ago

    Saudi Kingdom Holding plans to sell two hotels in Beirut - sources

    Saudi Arabian investment firm Kingdom Holding plans to sell its stakes in the Moevenpick Hotel and Four Seasons Hotel in Beirut, sources familiar with the matter said on Friday. Two sources, one in the Gulf and another in Lebanon, told Reuters the sale had long been planned and was not linked to the detention this month of the firm's chairman, Prince Alwaleed bin Talal, in the Saudi government's anti-corruption drive. The sources were speaking after the sale was reported in Lebanon's The Daily Star newspaper, which valued the deal to sell its Four Seasons Hotel stake at more than $110 million.

  • Reuters2 months ago

    Shareholders take aim at Murdochs with Fox voting rights push

    A shareholder proposal calling for Twenty-First Century Fox Inc to do away with its dual-class share structure may inflict a symbolic black eye on the media company's founder Rupert Murdoch and his family at its annual meeting on Wednesday. Strong fund manager support for the measure, which is advisory and would not force the company to change anything, would nevertheless signal investor dissatisfaction with the Murdoch family's grip on the company as filings show Fox has lost a longstanding shareholder ally in Saudi Arabia's Kingdom Holding. At the same time, its Fox News division is recovering from a series of costly sexual harassment settlements, an issue that has slowed Britain's regulatory review of the company's bid to take over broadcaster Sky Plc.

  • Shareholders take aim at Murdochs with Fox voting rights push
    Reuters2 months ago

    Shareholders take aim at Murdochs with Fox voting rights push

    A shareholder proposal calling for Twenty-First Century Fox Inc to do away with its dual-class share structure may inflict a symbolic black eye on the media company's founder Rupert Murdoch and his family at its annual meeting on Wednesday. Strong fund manager support for the measure, which is advisory and would not force the company to change anything, would nevertheless signal investor dissatisfaction with the Murdoch family's grip on the company as filings show Fox has lost a longstanding shareholder ally in Saudi Arabia's Kingdom Holding. At the same time, its Fox News division is recovering from a series of costly sexual harassment settlements, an issue that has slowed Britain's regulatory review of the company's bid to take over broadcaster Sky Plc.

  • Reuters2 months ago

    Saudi budget airline Flynas picks Morgan Stanley as pushes ahead with IPO-sources

    Saudi budget airline Flynas, part owned by Saudi billionaire Prince Alwaleed Bin Talal's firm, is pressing ahead with an initial public offering and has selected Morgan Stanley to work on it, sources familiar with the matter told Reuters on Thursday. Flynas is proceeding with its plan to sell existing shares to the public that may include part of Prince Alwaleed's Kingdom Holding's 34 percent stake, people familiar with the matter said. Saudi Arabian IPOs typically involve the sale of around 30 percent of a business.

  • How the ‘Warren Buffett of Arabia’ Built His Fortune
    Bloomberg2 months ago

    How the ‘Warren Buffett of Arabia’ Built His Fortune

    Alwaleed’s $17 billion is mostly self-made. The arrest of the kingdom’s leading global moneyman could spook foreign investors.

  • Reuters3 months ago

    Saudi economy vulnerable as corruption probe hits business old guard

    Two weeks ago the glitzy Ritz Carlton hotel in Riyadh was the site of an international conference promoting Saudi Arabia as an investment destination, with over 3,000 officials and business leaders attending. Now the hotel is temporarily serving as a luxury prison where some of the kingdom's political and business elite are being held in a widening crackdown on corruption that may change the way the economy works. By detaining dozens of officials and tycoons, a new anti-corruption body headed by Crown Prince Mohammed bin Salman is seeking to dismantle systems of patronage and kick-backs that have distorted the economy for decades.

  • Reuters3 months ago

    Saudi economy vulnerable as corruption probe hits business old guard

    Two weeks ago the glitzy Ritz Carlton hotel in Riyadh was the site of an international conference promoting Saudi Arabia as an investment destination, with over 3,000 officials and business leaders attending. Now the hotel is temporarily serving as a luxury prison where some of the kingdom's political and business elite are being held in a widening crackdown on corruption that may change the way the economy works. By detaining dozens of officials and tycoons, a new anti-corruption body headed by Crown Prince Mohammed bin Salman is seeking to dismantle systems of patronage and kick-backs that have distorted the economy for decades.

  • The Wall Street Journal3 months ago

    [$$] For Investors, Saudi Crackdown Sparks Hope, Risks Uncertainty

    A far-reaching crackdown that extends into Saudi Arabia’s business elite has abruptly raised the stakes for global investors just as the kingdom embarks on a campaign to lure foreign capital to help overhaul ...

  • TheStreet.com3 months ago

    Citi's Billionaire Saudi Investor Pledges 'Business as Usual' After Arrest

    The arrest of Prince Alwaleed bin Talal immediately raised questions among investors about the effect on his various stock holdings.

  • Oilprice.com3 months ago

    Aramco Board Targeted In Anti-Corruption Crackdown

    Saudi Arabian officials made a number of high profile arrests over the weekend with the unveiling of an anti-corruption committee

  • TheStreet.com3 months ago

    Saudi Arabia Purge Could Signal Return to Oil Reliance, Not Economic Openness

    Global crude price jump suggests Prince Mohammed's weekend crackdown on corruption has a broader objective for the oil-rich Kingdom.

  • TheStreet.com3 months ago

    Wall Street Futures Mixed: Oil Gains, Dollar Rises, Global Stocks Drift Lower

    Rising oil prices could lift the Dow into positive territory Monday but a stronger U.S. dollar may weigh on broader markets.

  • Reuters3 months ago

    Future Saudi king tightens grip on power with arrests including Prince Alwaleed

    Saudi Arabia's future king has tightened his grip on power through an anti-corruption purge by arresting royals, ministers and investors including billionaire Alwaleed bin Talal who is one of the kingdom's most prominent businessmen. Prince Alwaleed, a nephew of the king and owner of investment firm Kingdom Holding, invests in firms such as Citigroup and Twitter. The purge against the kingdom's political and business elite also targeted the head of the National Guard, Prince Miteb bin Abdullah, who was detained and replaced as minister of the powerful National Guard by Prince Khaled bin Ayyaf.

  • Reuters3 months ago

    Future Saudi king tightens grip on power with arrests including Prince Alwaleed

    Saudi Arabia's future king has tightened his grip on power through an anti-corruption purge by arresting royals, ministers and investors including billionaire Alwaleed bin Talal who is one of the kingdom's most prominent businessmen. Prince Alwaleed, a nephew of the king and owner of investment firm Kingdom Holding , invests in firms such as Citigroup (C.N) and Twitter (TWTR.N). The purge against the kingdom's political and business elite also targeted the head of the National Guard, Prince Miteb bin Abdullah, who was detained and replaced as minister of the powerful National Guard by Prince Khaled bin Ayyaf.