2012-06-09 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: Kingdom Hotel Investments (KHI), a wholly owned subsidiary of the Saudi Arabian conglomerate Kingdom Holding Company (KHC), chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud has signed an agreement with Crystal Caliber Sdn Bhd, a wholly owned subsidiary of Malaysia based TA Global Bhd, concerning the sale of KHI's 100% interest in the Mövenpick Resort Spa Karon Beach Phuket in Thailand for a gross consideration of $90m. The transaction closed on May 31, 2012.  

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