Kenon Holdings

Last updated
Kenon Holdings
Company type Public
NYSE:  KEN
Founded2014;11 years ago (2014)
Headquarters Singapore
Key people
Idan Ofer (owner)
Robert L. Rosen (CEO)
Deepa Joseph (CFO)
Owner Idan Ofer (58%) [1]
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. Owned by Israeli businessman Idan Ofer, it controls Israel Corp's investment in companies such as Qoros. [2]

Contents

Overview

The company was founded in 2014 as a spin off from the Israel Corporation. In 2017, it announced plans to build Kiryat Gat power station in Israel. [3]

Headquartered at the Millenia Tower in Singapore, [4] it employs 5,766 [4] and is traded both on the New York Stock Exchange and the Tel Aviv Stock Exchange as KEN. [4] [5]

The holding includes investments in Zim Integrated Shipping Services, and OPC Energy Ltd. [6]

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References

  1. Campbell, Peter (30 April 2020). "Co-founder of Chinese carmaker Qoros sells half his stake". Financial Times.
  2. Qoros chief executive Phil Murtaugh to leave China-based carmaker Andy Sharman in London, January 6, 2016
  3. Kenon to build Kiryat Gat power station Nati Yefet, 9 Apr, 2017, Globes Israel
  4. 1 2 3 Kenon Holdings Ltd., Bloomberg
  5. Kenon Holdings Ltd., MarketWatch
  6. Eran Hazran, In surprise move, Israel Corp. will list spin-off Kenon in Tel Aviv, Haaretz, October 14, 2014