Kenon Holdings Explained

Kenon Holdings
Type:	Public
Location:	Singapore
Key People:	Idan Ofer (owner) Robert L. Rosen (CEO) Deepa Joseph (CFO)
Owner:	Idan Ofer (58%)^[1]
Homepage:	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]

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]

See also

• List of companies of Singapore

Notes and References

1. News: Co-founder of Chinese carmaker Qoros sells half his stake. Financial Times. 30 April 2020. Campbell. Peter.
2. http://www.ft.com/intl/cms/s/0/48b3f998-b462-11e5-8358-9a82b43f6b2f.html#axzz3zinFghTI Qoros chief executive Phil Murtaugh to leave China-based carmaker
3. http://www.globes.co.il/en/article-kenon-to-build-kiryat-gat-power-station-1001184711 Kenon to build Kiryat Gat power station
4. https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=274422203 Kenon Holdings Ltd.
5. http://www.marketwatch.com/investing/stock/ken Kenon Holdings Ltd.
6. Eran Hazran, In surprise move, Israel Corp. will list spin-off Kenon in Tel Aviv, Haaretz, October 14, 2014