Kenon Holdings

Kenon Holdings
Public
Traded as NYSE: KEN
Founded 2015 (2015)
Headquarters Singapore
Key people
 Idan Ofer, owner
Website kenon-holdings.com

Kenon Holdings is a public corporation, which is a spin off from Israel Corporation, traded on the New York Stock Exchange and the Tel Aviv Stock Exchange.

Overview

The company was founded in 2015 as a spin off from the Israel Corporation.[1][2] It is owned by Idan Ofer, a billionaire Israeli business magnate.[2]

It is headquartered at the Millenia Tower in Singapore.[3] It employs a workforce of 5,766.[3] It is traded both on the New York Stock Exchange and the Tel Aviv Stock Exchange as KEN.[3][4]

The holding includes half the shares of Qoros, a Chinese automobile company, as well as investments in Zim Integrated Shipping Services, TowerJazz and IC Power.[1] One subsidiary of IC Power is Inkia Energy, a Peruvian energy company.[1] On January 7, 2015, it was valued at US$1 billion.[2]

See also

References

  1. 1 2 3 Eran Hazran, In surprise move, Israel Corp. will list spin-off Kenon in Tel Aviv, Haaretz, October 14, 2014
  2. 1 2 3 Shoshanna Solomon, Gabrielle Coppola, Kenon Trades at Higher-Than-Expected Value as Israel Corp. Gains, Bloomberg Businessweek, January 7, 2015
  3. 1 2 3 Kenon Holdings Ltd., Bloomberg
  4. ↑ Kenon Holdings Ltd., MarketWatch
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