Amended Annual and Transition Report (foreign Private Issuer) (20-f/a)
April 21 2017 - 10:41AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 20-F/A
(Amendment No. 1)
☐
|
REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934
|
OR
☒
|
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|
For the fiscal year ended December 31, 2016
OR
☐
|
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|
OR
☐
|
SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|
Commission
File Number: 001-36761
KENON HOLDINGS LTD.
(Exact name of registrant as specified in its charter)
(Company
Registration No. 201406588W)
|
|
|
|
|
Singapore
|
|
4911
|
|
Not Applicable
|
(State or other jurisdiction
of incorporation or organization)
|
|
(Primary Standard Industrial
Classification Code Number)
|
|
(I.R.S. Employer
Identification No.)
|
1 Temasek Avenue #36-01
Millenia Tower
Singapore
039192
+65 6351 1780
(Address, including zip code, and telephone number, including area code, of registrants principal executive offices)
Copies to:
Scott V. Simpson
James
A. McDonald
Skadden, Arps, Slate, Meagher and Flom (UK) LLP
40 Bank Street
London
E14 5DS
Telephone: +44 20 7519 7000
Facsimile: +44 20 7519 7070
Securities registered or to be registered pursuant to Section 12(b) of the Act:
|
|
|
Title of Each Class
|
|
Name of Each Exchange on Which
Registered
|
Ordinary Shares, no par value
|
|
The New York Stock Exchange
|
Securities registered or to be registered pursuant to Section 12(g) of the Act: None
Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None
Indicate the number of outstanding shares of each of the issuers classes of capital or common stock as of the close of the period covered by the annual
report:
53,719,667 shares
Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
Yes ☐ No ☒
If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or
15(d) of the Securities Exchange Act of 1934.
Yes ☐ No ☒
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act
of 1934 during the preceding 12 months (or for such a shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes ☒ No ☐
Indicate by check mark whether the registrant has submitted electronically or posted on its corporate Web site, if any, every Interactive Data File required
to be submitted an posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).
Yes ☐ No ☐
Indicate by check mark whether the registrant is an accelerated filer, a large accelerated filer, a non-accelerated filer, or an emerging growth company. See
definition of large accelerated filer, accelerated filer, and emerging growth company in Rule 12b-2 of the Exchange Act. (Check one):
|
|
|
|
|
|
|
Large accelerated filer
|
|
☐
|
|
Accelerated filer
|
|
☒
|
|
|
|
|
Non-accelerated filer
|
|
☐
|
|
Emerging growth company
|
|
☐
|
If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if
the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
The term new or revised financial accounting standard refers to any update issued by the Financial Accounting Standards Board to its
Accounting Standards Codification after April 5, 2012.
Indicate by check mark which basis of accounting the registrant has used to prepare the
financial statements included in this filing:
|
|
|
|
|
U.S. GAAP ☐
|
|
International Financial Reporting Standards as issued by the International Accounting Standards Board ☒
|
|
Other ☐
|
If Other has been checked in response to the previous question, indicate by check mark which financial statement
item the Registrant has elected to follow:
Item 17 ☐ Item 18 ☐
If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
Yes ☐ No ☒
(APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS)
Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange
Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.
Yes ☐ No ☒
TABLE OF CONTENTS
EXPLANATORY NOTE
We are filing this Amendment No. 1 to our Annual Report on Form 20-F for the year ended December 31, 2016, which was originally filed with the U.S.
Securities and Exchange Commission (the
SEC
) on April 19, 2017 (the
Original 20-F
), solely for the purpose of filing Exhibits 4.23 and 4.24 that were listed in Item 19 of the Original 20-F, but which
we were unable to file at such time due to technical reasons.
We are amending
Item 19 Exhibits
of the Original 20-F to include
as exhibits (i) Exhibit 4.23 (Further Release and Cash Support Agreement, dated March 9, 2017, between Kenon Holdings Ltd. and Chery Automobile Co. Ltd.), (ii) Exhibit 4.24 (The Second Equity Pledge Contract in relation to RMB 700
Million Loan, dated March 9, 2017, between Quantum (2007) LLC, as Pledgor, and Chery Automobile Co. Ltd., as Pledgee) and (iii) newly executed certifications by our Chief Executive Officer and Chief Financial Officer.
Except as specifically provided above, this Amendment No. 1 does not amend, update or restate any other items or sections of the Original 20-F and does
not reflect events occurring after the filing of the Original 20-F on April 19, 2017. The filing of this Amendment No. 1 should not be understood to mean that any other statements contained in the Original 20-F are true and complete as of
any date subsequent to the date of the Original 20-F.
1
Index to Exhibits
|
|
|
Exhibit
Number
|
|
Description of Document
|
|
|
1.1
|
|
Kenon Holdings Ltd.s Constitution (Incorporated by reference to Exhibit 1.1 to Amendment No. 1 to Kenons Registration Statement on Form 20-F, filed on December 19, 2014)
|
|
|
2.1
|
|
Form of Specimen Share Certificate for Kenon Holdings Ltd.s Ordinary Shares (Incorporated by reference to Exhibit 2.1 to Kenons Annual Report on Form 20-F for the fiscal year ended December 31, 2014, filed on March 31,
2015)
|
|
|
2.2
|
|
Registration Rights Agreement, dated as of January 7, 2015, between Kenon Holdings Ltd. and Millenium Investments Elad Ltd. (Incorporated by reference to Exhibit 99.5 to Kenons Report on Form 6-K, furnished to the SEC on
January 8, 2015)
|
|
|
2.3
|
|
Registration Rights Agreement, dated as of January 7, 2015, between Kenon Holdings Ltd. and Bank Leumi Le-Israel B.M. (Incorporated by reference to Exhibit 99.6 to Kenons Report on Form 6-K, furnished to the SEC on January 8,
2015)
|
|
|
2.4
|
|
Registration Rights Agreement, dated as of January 7, 2015, between Kenon Holdings Ltd. and XT Investments Ltd. (Incorporated by reference to Exhibit 99.7 to Kenons Report on Form 6-K, furnished to the SEC on January 8,
2015)
|
|
|
4.1
|
|
Sale, Separation and Distribution Agreement, dated as of January 7, 2015, between Israel Corporation Ltd. and Kenon Holdings Ltd. (Incorporated by reference to Exhibit 99.2 to Kenons Report on Form 6-K, furnished to the SEC on
January 8, 2015)
|
|
|
4.2
|
|
Loan Agreement, dated as of January 7, 2015, between Israel Corporation Ltd. and Kenon Holdings Ltd, as supplemented by Supplement No. 1 to the Loan Agreement, dated March 17, 2016 (Incorporated by reference to Exhibit 4.2 to
Kenons Annual Report on Form 20-F for the fiscal year ended December 31, 2015, filed on April 22, 2016)
|
|
|
4.3
|
|
English translation of Natural Gas Supply Agreement, dated as of January 2, 2006, as amended, among Kallpa Generación S.A., Pluspetrol Peru Corporation S.A., Pluspetrol Camisea S.A., Hunt Oil Company of Peru L.L.C. Sucursal
del Peru, SK Corporation Sucursal Peruana, Sonatrach Peru Corporation S.A.C., Tecpetrol del Peru S.A.C. and Repsol Exploración Peru Sucursal del Peru (Incorporated by reference to Exhibit 4.3 to Amendment No. 1 to Kenons Draft
Registration Statement on Form 20-F, filed on August 14, 2014)
|
|
|
4.4
|
|
English translation of Natural Gas Transportation Agreement, dated as of December 10, 2007, as amended, between Kallpa Generación S.A. and Transportadora de Gas del Peru S.A. (Incorporated by reference to Exhibit 4.4 to
Amendment No. 1 to Kenons Draft Registration Statement on Form 20-F, filed on August 14, 2014)
|
|
|
4.5
|
|
Turnkey Engineering, Procurement and Construction Contract, dated as of November 4, 2011, among Cerro del Águila S.A., Astaldi S.p.A. and GyM S.A., as amended (Incorporated by reference to Exhibit 4.5 to Kenons Annual
Report on Form 20-F for the fiscal year ended December 31, 2015, filed on April 22, 2016)
|
|
|
4.6
|
|
English translation of Contract of Concession, dated as of October 23, 2010, as amended, between the Government of Peru and Kallpa Generación S.A., relating to the provision of electric energy services to the public
(Incorporated by reference to Exhibit 4.6 to Amendment No. 1 to Kenons Draft Registration Statement on Form 20-F, filed on August 14, 2014)
|
2
|
|
|
Exhibit
Number
|
|
Description of Document
|
|
|
4.7
|
|
Joint Venture Contract, dated as of February 16, 2007, as amended, between Wuhu Chery Automobile Investment Co., Ltd. and Quantum (2007) LLC (Incorporated by reference to Exhibit 4.7 to Amendment No. 1 to Kenons Registration
Statement on Form 20-F, filed on December 19, 2014)
|
|
|
4.8
|
|
Gas Sale and Purchase Agreement, dated as of November 25, 2012, among Noble Energy Mediterranean Ltd., Delek Drilling Limited Partnership, Isramco Negev 2 Limited Partnership, Avner Oil Exploration Limited Partnership, Dor Gas
Exploration Limited Partnership, and O.P.C. Rotem Ltd. (Incorporated by reference to Exhibit 10.8 to Amendment No. 1 to IC Power Pte. Ltd.s Form F-1, filed on November 2, 2015)
|
|
|
4.9
|
|
Indenture, dated as of April 4, 2011, between Inkia Energy Limited, as issuer, and Citibank, N.A.as trustee, relating to Inkia Energy Limiteds 8.375% Senior Notes due 2021 (Incorporated by reference to Exhibit 4.9 to
Kenons Annual Report on Form 20-F for the fiscal year ended December 31, 2014, filed on March 31, 2015)
|
|
|
4.10
|
|
Facility Agreement, dated as of January 2, 2011, among O.P.C. Rotem Ltd., as borrower, Bank Leumi Le-Israel B.M., as arranger and agent, Bank Leumi Le-Israel Trust Company Ltd., as security trustee, and the senior lenders named
therein (Incorporated by reference to Exhibit 4.10 to Kenons Annual Report on Form 20-F for the fiscal year ended December 31, 2014, filed on March 31, 2015)
|
|
|
4.11
|
|
Credit Agreement, dated as of August 17, 2012, among Cerro del Águila S.A., as borrower, Sumitomo Mitsui Banking Corporation, as administrative agent, and other parties party thereto (Incorporated by reference to Exhibit 4.11
to Kenons Annual Report on Form 20-F for the fiscal year ended December 31, 2014, filed on March 31, 2015)
|
|
|
4.12
|
|
Guarantee Contract, dated as of June 9, 2015, between Kenon Holdings Ltd. and Chery Automobile Co. Ltd. (Incorporated by reference to Exhibit 4.12 to Kenons Annual Report on Form 20-F for the fiscal year ended December 31,
2015, filed on April 22, 2016)
|
|
|
4.13
|
|
Guarantee Contract, dated as of November 5, 2015, between Kenon Holdings Ltd. and Chery Automobile Co. Ltd. (Incorporated by reference to Exhibit 4.13 to Kenons Annual Report on Form 20-F for the fiscal year ended December 31,
2015, filed on April 22, 2016)
|
|
|
4.14
|
|
Stock Purchase Agreement, dated as of December 29, 2015, among IC Power Distribution Holdings PTE, Limited, as Purchaser, Inkia Energy, Limited, as Purchaser Guarantor, DEORSA-DEOCSA Holdings Limited, as Seller, and Estrella
Cooperatief BA (Incorporated by reference to Exhibit 4.14 to Kenons Annual Report on Form 20-F for the fiscal year ended December 31, 2015, filed on April 22, 2016)
|
|
|
4.15
|
|
Pledge Agreement, dated as of March 17, 2016, between Israel Corporation Ltd. and IC Power Pte. Ltd. (Incorporated by reference to Exhibit 4.15 to Kenons Annual Report on Form 20-F for the fiscal year ended December 31, 2015,
filed on April 22, 2016)
|
|
|
4.16
|
|
Security over Shares Agreement, dated as of March 17, 2016, between Israel Corporation Ltd. and Kenon Holdings Ltd. (Incorporated by reference to Exhibit 4.16 to Kenons Annual Report on Form 20-F for the fiscal year ended
December 31, 2015, filed on April 22, 2016)
|
|
|
4.17
|
|
Amendment and Restatement Agreement, dated as of September 2, 2016, relating to the Loan Agreement dated as of April 22, 2016, between Quantum (2007) LLC, as borrower, and Ansonia Holdings Singapore B.V., as lender, as amended
(Incorporated by reference to Exhibit 4.17 to Kenons Annual Report on Form 20-F for the fiscal year ended December 31, 2016, filed on April 19, 2017)
|
3
|
|
|
Exhibit
Number
|
|
Description of Document
|
|
|
4.18
|
|
Undertaking Agreement, dated as of April 22, 2016, among Qoros Automotive Co., Ltd., Quantum (2007) LLC, Kenon Holdings Ltd., Wuhu Chery Automobile Investment Co., Ltd., Chery Automobiles Limited, and Ansonia Holdings Singapore
B.V. (Incorporated by reference to Exhibit 4.18 to Kenons Annual Report on Form 20-F for the fiscal year ended December 31, 2015, filed on April 22, 2016)
|
|
|
4.19
|
|
Additional Undertaking Agreement, dated as of September 2, 2016, among Qoros Automotive Co., Ltd., Quantum (2007) LLC, Kenon Holdings Ltd., Wuhu Chery Automobile Investment Co., Ltd., Chery Automobiles Limited, and Ansonia Holdings
Singapore B.V. (Incorporated by reference to Exhibit 4.19 to Kenons Annual Report on Form 20-F for the fiscal year ended December 31, 2016, filed on April 19, 2017)
|
|
|
4.20
|
|
Fourth Amended and Restated Limited Liability Company Agreement of Quantum (2007) LLC, dated as of September 2, 2016 (Incorporated by reference to Exhibit 4.20 to Kenons Annual Report on Form 20-F for the fiscal year ended
December 31, 2016, filed on April 19, 2017)
|
|
|
4.21
|
|
Release Agreement, dated December 21, 2016, between Kenon Holdings Ltd. and Chery Automobile Co. Ltd. (Incorporated by reference to Exhibit 4.21 to Kenons Annual Report on Form 20-F for the fiscal year ended December 31, 2016,
filed on April 19, 2017)
|
|
|
4.22
|
|
Equity Pledge Contract, dated December 21, 2016, between Quantum (2007) LLC, as Pledgor, and Chery Automobile Co. Ltd., as Pledgee (Incorporated by reference to Exhibit 4.22 to Kenons Annual Report on Form 20-F for the fiscal
year ended December 31, 2016, filed on April 19, 2017)
|
|
|
4.23*
|
|
Further Release and Cash Support Agreement, dated March 9, 2017, between Kenon Holdings Ltd. and Chery Automobile Co. Ltd.
|
|
|
4.24*
|
|
The Second Equity Pledge Contract in relation to RMB700 Million Loan, dated March 9, 2017, between Quantum (2007) LLC, as Pledgor, and Chery Automobile Co. Ltd., as Pledgee
|
|
|
8.1
|
|
List of subsidiaries of Kenon Holdings Ltd. (Incorporated by reference to Exhibit 8.1 to Kenons Annual Report on Form 20-F for the fiscal year ended December 31, 2016, filed on April 19, 2017)
|
|
|
12.1*
|
|
Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer
|
|
|
12.2*
|
|
Rule 13a-14(a)/15d-14(a) Certification of Chief Financial Officer
|
|
|
13.1**
|
|
Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
|
|
|
15.1**
|
|
Consent of KPMG LLP, Independent Registered Public Accounting Firm of Kenon Holdings Ltd.
|
|
|
15.2**
|
|
Consent of Somekh Chaikin, a Member Firm of KPMG International
|
|
|
15.3**
|
|
Consent of KPMG Huazhen LLP, Independent Auditor of Qoros Automotive Co., Ltd.
|
|
|
15.4**
|
|
Consent of Deloitte, Inc. (Panamá), Independent Registered Public Accounting Firm of the Combined Entities (Distribuidora de Electricidad de Oriente, S.A. and Distribuidora de Electricidad de Occidente, S.A.)
|
|
|
15.5**
|
|
Consent of Brightman Almagor Zohar & Co., a Member Firm of Deloitte Touche Tohmatsu, independent auditor of Tower Semiconductor Ltd.
|
4
**
|
Previously filed with Kenon Holdings Ltd.s Annual Report on Form 20-F for the fiscal year ended December 31, 2016, filed with the SEC on April 19, 2017.
|
|
Portions of this exhibit have been omitted pursuant to a request for confidential treatment under Rule 24b-2 of the Exchange Act. Omitted information has been filed separately with the SEC.
|
5
SIGNATURES
The registrant hereby certifies that it meets all of the requirements for filing on Form 20-F/A and that it has duly caused and authorized the
undersigned to sign this annual report on its behalf.
|
|
|
|
|
Kenon Holdings Ltd.
|
|
|
By:
|
|
/s/ Yoav Doppelt
|
Name:
|
|
Yoav Doppelt
|
Title:
|
|
Chief Executive Officer
|
Date: April 21, 2017
Kenon (NYSE:KEN)
Historical Stock Chart
From Oct 2024 to Nov 2024
Kenon (NYSE:KEN)
Historical Stock Chart
From Nov 2023 to Nov 2024