However, on some occasions too much power is concentrated within this group. The shares were sold at prices ranging from HK$7.03 TO HK$7.15 each. I find it very interesting to look at who exactly owns a company. Trade stocks, options, futures, forex, bonds and funds on 135 markets, all from a single integrated account. Legend Holdings. Additionally, we found that 3 of the top shareholders have a considerable amount of ownership in the company, via their 66% stake. According to regulatory filings, Honey will purchase 75.53 million shares at A$6.8 per share. 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. 337927). Santos will use the money to pay off debt and increase its cash balance. It has a market capitalization of HK$34b. Legend Holdings Corporation(Chinese:联想控股股份有限公司) is a Chinese investment holding company with interests in finance, real estate, and information technology, and the controlling shareholder of its better-known associate company, the Lenovo Group. Hony completely divested itself of CSPC Pharmaceutical equity. The entity status is Good Standing. The business start date is February 14, 2020. Hony claims it can help PizzaExpress create more value in China using its extensive experience and network in its home market. If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. A look at the shareholders of Legend Holdings Corporation (HKG:3396) can tell us which group is most powerful. The airline operator said on Monday it will introduce four private investors, including Legend Holdings, owner of the Lenovo computer brand, to … Banque Internationale a Luxembourg. It is best known as the owner of Lenovo, China’s largest personal computer firm. Chinese conglomerate Legend Holdings, owner of the Lenovo computer group, is to move into UK insurance with an investment of up to £110m in Pension Insurance Corporation. LONDON — Legend Holdings, the Chinese company that owns the computer manufacturer Lenovo Group, said on Friday that it had agreed to buy a 90 percent stake in Banque Internationale à Luxembourg for 1.48 billion euros, or about $1.75 billion. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Taking a look at our data on the ownership groups (below), it's seems that institutions are noticeable on the share registry. [1] Hedge funds don't have many shares in Legend Holdings. Legend Holdings, the owner of computer giant Lenovo, has agreed to acquire Banque Internationale à Luxembourg from Precision Capital for €1.6 billion. [12], In November 2015, Hony agreed to increase its minority stake in the Australian oil and gas company Santos for A$500 million. It might be worth looking deeper into this. Thank you for reading. STX has direct distribution agreements with North American theater chains AMC, Regal, Cinemark and Carmike. 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. This risk is higher in a company without a history of growth. Hony paid roughly a 15% premium over market prices and agreed not to divest its shares for at least 12 months. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Owner, Legend Holdings Johannesburg Area, South Africa 207 connections. Join to Connect Legend Holdings. So they usually pay more attention to companies that are included in major indices. 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. [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. Hony increased its equity in Santos from 1.4% to 7.9% via this transaction. PromotedIf you decide to trade Legend Holdings, use the lowest-cost* platform that is rated #1 Overall by Barron's, Interactive Brokers. [11], Through firms it controls, Hony Capital sold off about US$1.26 billion in stock in CSPC Pharmaceutical in April 2015 to take advantage of rising share prices. When such a trade goes wrong, multiple parties may compete to sell stock fast. Legend Holdings Corporation has 186 total employees across all of its locations and generates $58.74 billion in sales (USD). Simply Wall St has no position in the stocks mentioned.We aim to bring you long-term focused research analysis driven by fundamental data. Legend Holdings Corporation is located in Beijing, Beijing, China and is part of the Investment Firms Industry. [6] In April 2015, STX entered into a multi-year partnership with Universal Studios Home Entertainment, with Universal handling marketing, sales and distribution services for Blu-ray, DVD and VOD platforms of STX's theatrical titles in North America. Simply Wall St is a financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the world. 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. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Private companies may also have a strategic interest in the company. The principal address is 7374 S. Alton Way, Suite 203, Centennial, CO 80112. 01 Sep 2017. As you can see, institutional investors own 31% of Legend Holdings. The Grand Duchy of Luxembourg will retain a near 10% stake in the lender, which had annual revenues of €505 million last year and almost €38 billion in assets 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. Hony has about US$10 billion under management. 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. Legend, owner of computer group Lenovo Group Ltd, has been in discussions to buy around 90 percent of the private bank from Precision Capital, an investment vehicle of Qatar royal family members including former Qatari Prime Minister Sheikh Hamad bin Jassim al-Thani, the person said. The … 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. Many institutions measure their performance against an index that approximates the local market. There are 245 companies in the Legend Holdings … Insiders own HK$2.2b worth of shares (at current prices). The company's largest shareholder is Chinese Academy of Sciences Holdings Co., Ltd., with ownership of 29%, Next, we have Beijing Lian Chi Zhi Tung Management Consulting Ltd. and Tonghai Holdings Co., Ltd as the second and third largest shareholders, holding 20% and 17%, of the shares outstanding, respectively. It’s FREE. In July 2012, Hony Capital became the first private equity company registered in Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone. [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. According to a company filing at the Shenzhen stock exchange, Legend has proposed to buy 26.8m shares through its agriculture subsidiary Joyvio … 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. [5] In January 2015, STX signed a multiyear television output agreement to release its films exclusively to Showtime Networks during the premium television window, beginning in 2015 and covering the studio's theatrical releases through 2019. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. With a 20% ownership, the general public have some degree of sway over 3396. STX says it will release as many as 15 films per year by 2017. This is a big company, so it is good to see this level of alignment. This suggests some credibility amongst professional investors. Legend Holdings subsidiary Joyvio Group has put millions into Agri-Joyvio. In 2001, Mr. Liu Chuanzhi, President of Legend Holdings, decided to build a team led by ZHU Linan to start the investment business. But we can't rely on that fact alone, since institutions make bad investments sometimes, just like everyone does. The Company offers retail services, real estate services, investment services, financial services, and more. We can see that Private Companies own 37%, of the shares on issue. Joyvio completed its deal for the USD 920 million takeover of the Chilean salmon farmer last year. Generally speaking, as a company grows, institutions will increase their ownership. Normally institutions would own a significant portion of a company this size. See our latest analysis for Legend Holdings . Legend, a Chinese investment holdings company, has subsidiaries in the financial, agriculture and IT sectors. For example, we've discovered 3 warning signs for Legend Holdings (1 is concerning!) I can report that insiders do own shares in Legend Holdings Corporation. 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