SINGAPORE, September 19, 2016
SINGAPORE, September 19, 2016 /PRNewswire/ --
IC Power Pte. Ltd. ("IC Power"), a wholly-owned subsidiary of Kenon Holdings Ltd. (NYSE: KEN, TASE: KEN) ("Kenon"), has filed Amendment No. 2 to its Registration Statement on Form F-1 ("Amendment No. 2") with the U.S. Securities and Exchange Commission.
Amendment No. 2 contains updated business, regulatory, operating and other information relating to IC Power's businesses, as well as historic financial information relating to the Energuate distribution businesses in Guatemala which IC Power acquired in January 2016 and pro forma financial information giving effect to this acquisition
This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities, nor shall there be any sales of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Kenon is a holding company that operates dynamic, primarily growth-oriented businesses. The companies it owns, in whole or in part, are at various stages of development, ranging from established, cash-generating businesses to early stage development companies. Kenon's businesses consist of:
- IC Power Ltd. (100% interest) - a leading owner, developer and operator of power generation and distribution facilities in the Latin American, Caribbean and Israeli power markets; - Qoros Automotive Co., Ltd. (50% interest) - a China-based automotive company; - ZIM Integrated Shipping Services, Ltd. (32% interest) - an international shipping company; and - Primus Green Energy, Inc. (91% interest) - an early stage developer of alternative fuel technology.
Kenon's primary focus is to grow and develop its primary businesses, IC Power and Qoros. Following the growth and development of its primary businesses, Kenon intends to provide its shareholders with direct access to these businesses, when we believe it is in the best interests of its shareholders for it to do so based on factors specific to each business, market conditions and other relevant information. Kenon intends to support the development of its non-primary businesses, and to act to realize their value for its shareholders by distributing its interests in its non-primary businesses to its shareholders or selling its interests in its non-primary businesses, rationally and expeditiously. For further information on Kenon's businesses and strategy, see Kenon's publicly available filings, which can be found on the SEC's website at http://www.sec.gov.
Please also see http://www.kenon-holdings.comfor additional information.
Kenon Holdings Ltd.
VP Business Development and IR
External Investor Relations
Ehud Helft / Kenny Green
GK Investor Relations
Director, Investor Relations
SOURCE Kenon Holdings Ltd.