Tuesday, December 20, 2011

Richest People of Arab Buys Twitter Rp2,7 Triliun




Prince Alwaleed bin Talal, through?via its(the company Kingdom Holding Co. announces that they buy share Twitter for the price of US$300 million or around Rp2,7 triliun. This purchasing is strategic invesment to company which has changed media industry.

In pleadings publicized in Wall Street Journal, prince of Saudi Arab express, purchasing of share Twitter also marks invesment of the prince in business promises having global impact.

According to magazine Arabian Business, Prince Alwaleed x'self is soverigned as a richest in Arab Saudi. Spring 2011 is, asset which s(he has reachs for the price of US$21 billion or around Rp190 triliun. He/she xself has been informed copes to buy share Twitter from one of people the company founder since October then.

As for invesment equal to US$300 million the represents more than 3% number of shares property of company situs mikroblogging which at this second semester its(the value reaching US$8 billion or around Rp72 triliun.

“   Forwards his(its, social media will change industrial map of media in fundamental. Twitter will catch and exploits this positive trend," said Ahmed Halawani, Executive Director of Private Equity and International Investment Kingdom Holding, borrowed ideas from Wall Street Journal, 19 Decembers 2011.

Matt Graves, mouthpiece Twitter has informed invesment done by prince Alwaleed. However, s(he is not ready to related further remark of purchasing of the company share.

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