SINGAPORE, March 21, 2017 /PRNewswire/ --
Kenon Holdings Ltd. (NYSE: KEN; TASE: KEN) ("Kenon") is
providing the following updates with respect to changes to its
board of directors and the executive management of Qoros Automobile
Co., Ltd. ("Qoros").
Changes to Kenon's Board of
Directors
Mr. Kenneth Cambie has notified
the board of directors of Kenon of his resignation as a director of
Kenon. Mr. Cambie had served as the chairman of the board. The
board of directors would like to thank Mr. Cambie for his service
to Kenon.
Mr. Cyril Pierre-Jean Ducau, who
currently serves as a director of Kenon, has been appointed to
serve as the chairman of the board of Kenon.
Changes to Qoros' Executive
Management
The Board of Directors of Qoros has appointed Mr. Leon Liu, who currently is the Chief Operating
Officer of Qoros, to serve as the Chief Executive Officer of
Qoros.
About Kenon
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 companies.
Kenon's businesses consist of:
-
IC Power (100% interest) a leading owner, developer and operator of power
generation and distribution facilities in the Latin American, Caribbean and
Israeli power markets;
-Qoros (50% interest) - a China-based automotive company;
-ZIM (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.com for additional information.
Contact Info
Kenon Holdings Ltd.
Barak Cohen
VP Business Development and IR
barakc@kenon-holdings.com
Tel: +65-6351-1780
External Investor Relations
Ehud Helft / Kenny Green
GK Investor Relations
kenon@gkir.com
Tel: +1-646-201-9246
Jonathan Fisch
Director, Investor Relations
jonathanf@kenon-holdings.com
Tel: +1-917-891-9855
SOURCE Kenon Holdings Ltd.