Insiders own HK$2.2b worth of shares (at current prices). Hony Capital is a Chinese private equity firm, owned by Legend Holdings.Legend Holdings provided Hony, a pioneer in China's private equity industry, with its start-up capital. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. In 2001, Mr. Liu Chuanzhi, President of Legend Holdings, decided to build a team led by ZHU Linan to start the investment business. Legend Holdings Corporation is located in Beijing, Beijing, China and is part of the Investment Firms Industry. See our latest analysis for Legend Holdings . There are 245 companies in the Legend Holdings … [2], Through its subsidiary Hony Capital, Legend acquired PizzaExpress for US$1.54 billion from private equity fund Cinven in 2014. Hony's portfolio companies include China Shijiazhuang Pharmaceutical Group (CSPC), Zoomlion, Shanghai City Investment Holdings, Shanghai Jin Jiang International, ENN, PizzaExpress (UK), STX (US), WeWork (US), etc. 337927). The Company offers retail services, real estate services, investment services, financial services, and more. Santos will use the money to pay off debt and increase its cash balance. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. Singapore, 5 October 2016- CNBC, the world's leading business and financial news network, has announced that Mr Liu Chuanzhi, Chairman of Legend Holdings … [13], Investors in Hony's private equity funds include numerous American and Canadian pension funds, the Bill & Melinda Gates Foundation, Goldman Sachs, and China's national social insurance fund. According to regulatory filings, Honey will purchase 75.53 million shares at A$6.8 per share. Some investors might be encouraged by this, since private equity are sometimes able to encourage strategies that help the market see the value in the company. JP Morgan acted as Hony's adviser for this transaction.[2][4]. In 2009, China Oceanwide Holdings Group, a private investment firm based in Beijing, bought 29% of Legend Holdings, the parent company of Lenovo, for 2.76 billion yuan. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. Hony also invests in overseas consumer brands in order to create value by expanding their presence in China.[1]. Hony paid with US$ billion in debt with the remaining amount in equity. For example, we've discovered 3 warning signs for Legend Holdings (1 is concerning!) When such a trade goes wrong, multiple parties may compete to sell stock fast. The … Hony also invests in overseas consumer brands in order to create value by expanding their presence in China. You can see Legend Holdings's historic earnings and revenue, below, but keep in mind there's always more to the story. [14], Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, "Blockbuster IPO for Legend in Lenovo mark", "Producer Robert Simonds Partners With TPG, China's Hony Capital for New Studio Venture", "Robert Simonds, Gigi Pritzker Pact with TPG, China’s Hony Capital on Production Venture,", "STX Entertainment, Showtime Announce TV Output Deal and First 4 Films,", "STX Entertainment Signs Pact With Universal Studios Home Entertainment,", "Showtime, STX Entertainment Announce TV Deal and First Four Films,", "STX Entertainment and Showtime Partner for Slate of Films,", "STX Entertainment Dates Films With Matthew McConaughey, Julia Roberts, Jason Blum,", "STX Entertainment Closing Deal For 'Hardcore': $10 Million And Wide Release Commitment –Toronto", "Hony Capital Raising Up to $1.26 Billion By Selling CSPC Shares", "China's Hony in $350m Santos stake acquisition", "The 'real story' behind China's growth is all about consumption, private equity chief says", History of private equity and venture capital, Private investment in public equity (PIPE), Taxation of private equity and hedge funds, Private equity and venture capital investors, https://en.wikipedia.org/w/index.php?title=Hony_Capital&oldid=996557740, Financial services companies established in 2003, Creative Commons Attribution-ShareAlike License, This page was last edited on 27 December 2020, at 09:15. It has a market capitalization of HK$34b. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Hony has about US$10 billion under management. Undercurrent News reports that Legend Holdings subsidiary Joyvio Group has injected USD 62.2 million into Agri-Joyvio, the owner of Australis Seafoods. Legend Holdings. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Additionally, we found that 3 of the top shareholders have a considerable amount of ownership in the company, via their 66% stake. Owner, Legend Holdings Johannesburg Area, South Africa 207 connections. Sir David Barclay — the British billionaire who with his twin brother built a business empire that included ownership of the Telegraph Media Group — has died. Simply Wall St does a detailed discounted cash flow calculation every 6 hours for every stock on the market, so if you want to find the intrinsic value of any company just search here. Read the full story on Reuters here. Legend Holdings Corporation has 186 total employees across all of its locations and generates $58.74 billion in sales (USD). Please read our Financial Services Guide before deciding whether to obtain financial services from us. Our research team consists of equity analysts with a public, market-beating track record. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. As of 31 March 2018, 65% of Lenovo stock was held by the general public, 29% by Legend Holdings, 5.8% by … Since the establishment in 1984, Legend Holdings has had multiple phases of leapfrog-growth under the leadership of Liu Chuanzhi, turning the company from a small IT business, as always in relentless pursuit of higher achievement, to a diversified enterprise and further into an international conglomerate. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Since 2014, Hony Capital has established Hospital Corporation of China and Best Food Holding Company Limited as its investment management platforms to explore systematic opportunities in healthcare, chain food and beverage industries. Stake From Qatar's Royal Family This is a big company, so it is good to see this level of alignment. Normally institutions would own a significant portion of a company this size. Chinese investment company Legend Holdings is buying a 90 per cent stake in Banque Internationale a Luxembourg from its Qatari owners in a transaction that values the lender at €1.6bn. [6][8][9][10] STX also acquired worldwide rights to the action film Hardcore for $10 million after its premiere at the Toronto International Film Festival, making it the studio's first acquisition. It’s FREE. that you should be aware of before investing here. [7], In January 2015, STX announced its first four films: The Gift, a thriller starring Jason Bateman, Rebecca Hall and Joel Edgerton, and written and directed by Edgerton; Secret in Their Eyes, a remake of the 2009 Argentine film, starring Chiwetel Ejiofor, Nicole Kidman and Julia Roberts, and written and directed by Billy Ray; The Boy, a psychological horror thriller directed by William Brent Bell and starring Lauren Cohan; The Free State of Jones, a Civil War drama starring Matthew McConaughey and written and directed by Gary Ross; and Russ and Roger Go Beyond, starring Will Ferrell and based on the true story of the collaboration between Russ Meyer and Roger Ebert. As you can see, institutional investors own 31% of Legend Holdings. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. In April 2001, Legend Capital was formed, and set up its first fund with US$35 mn commitment from Legend Holdings. Hony worked with American buyout firm TPG Capital in 2014 to invest about US$1 billion in a new Hollywood movie studio, STX Entertainment, to make films for worldwide distribution. Legend Holdings, LLC (Entity# 20201140402) is a business entity registered with Colorado Department of State (CDOS). Alternatively, those holders might be exiting the investment after taking it public. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio. I find it very interesting to look at who exactly owns a company. Generally speaking, as a company grows, institutions will increase their ownership. Legend Holdings, a HK listed company and founded by Lenovo owner Li Chuan Zhi, has agreed to buy 89.93% of Banque Internationale à Luxembourg (BIL), a leading universal banking group headquartered in Luxembourg. This article by Simply Wall St is general in nature. Conversely, insiders often decrease their ownership over time. The company controls approximately nine per-cent of […] Hony increased its equity in Santos from 1.4% to 7.9% via this transaction. The business start date is February 14, 2020. Hony completely divested itself of CSPC Pharmaceutical equity. Hony has about US$10 billion under management. Hony has about US$10 billion under management. Banque Internationale a Luxembourg. PromotedIf you decide to trade Legend Holdings, use the lowest-cost* platform that is rated #1 Overall by Barron's, Interactive Brokers. If you want to know who really controls Legend Holdings Corporation (HKG:3396), then you’ll have to look at the makeup of its share registry. Simply Wall St has no position in the stocks mentioned.We aim to bring you long-term focused research analysis driven by fundamental data. Joyvio completed its deal for the USD 920 million takeover of the Chilean salmon farmer last year. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Still, it might be worth checking if those insiders have been selling. Many institutions measure their performance against an index that approximates the local market. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Lenovo owner Legend Holdings Corp. has closed its purchase of a 90 percent stake in Luxembourg’s Banque Internationale a Luxembourg for $1.78 billion. 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