HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman
of Kingdom Holding Company (KHC), received HE Mr. Goh Chok
Tong, Emeritus Senior Minister of Singapore and Senior
Advisor to Monetary Authority of Singapore who was on an
official trip to the Kingdom of Saudi Arabia. Mr. Tong was
accompanied by a delegation that included Mr. Wong Kwok Pun,
Singapore Ambassador to Saudi Arabia, Mr. Vikram Nair, Member
of Parliament, Mr. Ngiam Shih Chun, Special Assistant to
Emeritus Senior Minister and Mr. Tai Boon Leo, Executive
Director, Monetary Authority of Singapore.
The meeting was also attended by HH Princess Ameerah
Al-Taweel, Vice Chairwoman of Alwaleed Bin Talal Foundation
that is chaired by HRH, Mr. Shadi Sanbar, KHC's CFO, Ms. Heba
Fatani, Senior Executive Manager, Corporate Communications
Department, Dr. Nahla Alanbar, Private Executive Assistant to
HRH the Chairman and Ms. Amani Algahtani, Assistant Executive
Manager HRH's Palaces.
The meeting began as Mr. Tong thanked the Prince for giving
him the opportunity to meet with him. Mr. Tong commended
Prince Alwaleed on his efforts on the economic and social
fronts, and on his local, regional and international
investments. The two also discussed HRH's investments in
Singapore through KHC that include Tamasek, a Four Seasons
hotel and a Raffles hotel in the hotels sector, and in the
financial sector through Citigroup. Mr. Tong said the Prince
has played a role in strengthening Saudi-Singaporean economic
relations.
The two also discussed the Raffles brand of hotels which has
great historic significance in Singapore, and the Prince
referred to Raffles Hotel Mecca under the management of
Fairmont Raffles Hotels International (FRHI), a 76-story
tower at 577 meters high, it is among the world's tallest and
its unique and distinctive features will ensure a landmark
presence. Such features include a 40-meter clock, visible
from 17 kilometers away and 40 times larger than Big Ben in
London. Moreover, Prince Alwaleed hosted a dinner in honor of
Mr. Tong at HRH's Palace
In 2010, Prince Alwaleed received HE Mr. George Yeo, Foreign
Minister of Singapore who was accompanied by a delegation,
and hosted a dinner in honor of his guest at HRH's Palace. In
the same year, KHC announced that Fernvale Investments
(Mauritius) Pte Ltd, a wholly owned indirect subsidiary of
Temasek Holdings (Private) Limited, is making a capital
commitment of US $75 million to Pan-African Investment
Partners II Limited (the second Kingdom Zephyr fund, known as
PAIP II). In 2008, the Prince received HE Mr. Lee Kuan Yew,
former Prime Minister, Minister Mentor of the Republic of
Singapore who was accompanied by Ms. Lee Xiu Qi his
granddaughter, daughter of the PM of Singapore, and also
previously received him in 2006.
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