DUBAI: Saudi Arabian billionaire Prince Alwaleed bin Talal and his investment firm Kingdom Holding now together own more than 5% of Twitter Inc, the prince's office said.
Kingdom Holding has paid US$50mil (RM211.01mil) to double its stake in the microblogging site to 0.72%, the Riyadh-based company said in a separate bourse statement.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!