Hony paid roughly a 15% premium over market prices and agreed not to divest its shares for at least 12 months. See our latest analysis for Legend Holdings. $61,000,000 Venture capital (Series B) ChinaMoneyNetwork. The minority share of 9.993% is owned by Grand Duchy of Luxembourg. I find it very interesting to look at who exactly owns a company. [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. Generally speaking, as a company grows, institutions will increase their ownership. Hony claims it can help PizzaExpress create more value in China using its extensive experience and network in its home market. The studio produces movies with budgets of $10 million to $80 million. It has a market capitalization of HK$34b. With an ownership of 5.3%, private equity firms are in a position to play a role in shaping corporate strategy with a focus on value creation. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. With a 20% ownership, the general public have some degree of sway over 3396. I can report that insiders do own shares in Legend Holdings Corporation. STX says it will release as many as 15 films per year by 2017. This may not be consistent with full year annual report figures. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Undercurrent News reports that Legend Holdings subsidiary Joyvio Group has injected USD 62.2 million into Agri-Joyvio, the owner of Australis Seafoods. Santos will use the money to pay off debt and increase its cash balance. Our research team consists of equity analysts with a public, market-beating track record. Legend Holdings Invests $61M In O2O Start-Up Liquor Easy ... Legend Holdings… [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. Hony has about US$10 billion under management. [1] Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Legend Holdings, LLC (Entity# 20201140402) is a business entity registered with Colorado Department of State (CDOS). 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. JP Morgan acted as Hony's adviser for this transaction.[2][4]. The principal address is 7374 S. Alton Way, Suite 203, Centennial, CO 80112. Hedge funds don't have many shares in Legend Holdings. Thank you for reading. This suggests some credibility amongst professional investors. 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. Normally institutions would own a significant portion of a company this size. [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. The Company offers retail services, real estate services, investment services, financial services, and more. [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. 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. 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. You can access this free report on analyst forecasts for the company. [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. 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. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. There are 245 companies in the 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 Corporation has 186 total employees across all of its locations and generates $58.74 billion in sales (USD). But to truly gain insight, we need to consider other information, too. So they usually pay more attention to companies that are included in major indices. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. [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. 337927). Private companies may also have a strategic interest in the company. A look at the shareholders of Legend Holdings Corporation (HKG:3396) can tell us which group is most powerful. Legend Holdings provided Hony, a pioneer in China's private equity industry, with its start-up capital. 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. 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. Still, it might be worth checking if those insiders have been selling. 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. Please read our Financial Services Guide before deciding whether to obtain financial services from us. Legend Holdings Corporation is located in Beijing, Beijing, China and is part of the Investment Firms Industry. Learn more about the team behind Simply Wall St. Legend Capital, the venture arm of Legend Holdings, owns the computer company Lenovo Holdings, the world’s largest personal computer vendor. 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. In 2001, Mr. Liu Chuanzhi, President of Legend Holdings, decided to build a team led by ZHU Linan to start the investment business. Legend, a Chinese investment holdings company, has subsidiaries in the financial, agriculture and IT sectors. [12], In November 2015, Hony agreed to increase its minority stake in the Australian oil and gas company Santos for A$500 million. For example, we've discovered 3 warning signs for Legend Holdings (1 is concerning!) Legend Holdings, the owner of computer giant Lenovo, has agreed to acquire Banque Internationale à Luxembourg from Precision Capital for €1.6 billion. However, on some occasions too much power is concentrated within this group. Chinese Owner of Lenovo to Buy Major Stake in Luxembourg Bank Asia Strategy Stock markets. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio. Banque Internationale a Luxembourg. It is best known as the owner of Lenovo, China’s largest personal computer firm. [2], Through its subsidiary Hony Capital, Legend acquired PizzaExpress for US$1.54 billion from private equity fund Cinven in 2014. Report this profile Experience Director Legend Holdings May 2002 - Present 18 years 8 months. 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. Hony Capital is a Chinese private equity firm, owned by Legend Holdings. Let's delve deeper into each type of owner, to discover more about Legend Holdings. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. that you should be aware of before investing here. The shares were sold at prices ranging from HK$7.03 TO HK$7.15 each. Additionally, we found that 3 of the top shareholders have a considerable amount of ownership in the company, via their 66% stake. The business start date is February 14, 2020. Owner, Legend Holdings Johannesburg Area, South Africa 207 connections. Simply Wall St has no position in the stocks mentioned.We aim to bring you long-term focused research analysis driven by fundamental data. It’s FREE. It might be worth looking deeper into this. In April 2001, Legend Capital was formed, and set up its first fund with US$35 mn commitment from Legend Holdings. Most would say this shows alignment of interests between shareholders and the board. This is a big company, so it is good to see this level of alignment. Join to Connect Legend Holdings. Conversely, insiders often decrease their ownership over time. See our latest analysis for Legend Holdings . Trade stocks, options, futures, forex, bonds and funds on 135 markets, all from a single integrated account. But he's finding it hard to avoid reporters after his company bought a major stake in Legend Holdings, owner of China's biggest computer maker Lenovo Group. Joyvio completed its deal for the USD 920 million takeover of the Chilean salmon farmer last year. 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. According to regulatory filings, Honey will purchase 75.53 million shares at A$6.8 per share. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. This article by Simply Wall St is general in nature. [2] STX is run by film producer Robert Simonds. Hony also invests in overseas consumer brands in order to create value by expanding their presence in China.[1]. Hony also invests in overseas consumer brands in order to create value by expanding their presence in China. PromotedIf you decide to trade Legend Holdings, use the lowest-cost* platform that is rated #1 Overall by Barron's, Interactive Brokers. In 2009, China Oceanwide Holdings Group, a private investment firm based in Beijing, bought 29% of Legend Holdings, the parent company of Lenovo, for 2.76 billion yuan. Lenovo bought IBM’s personal computer division in … Since 2014, Hony Capital has established Hospital Corporation of China and Best Food Holding Company Limited as its investment management platforms to explore systematic opportunities in healthcare, chain food and beverage industries. But we can't rely on that fact alone, since institutions make bad investments sometimes, just like everyone does. Read the full story on Reuters here. Hony paid with US$ billion in debt with the remaining amount in equity. 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. Generally speaking, as a company grows, institutions will increase their ownership. 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. Simply Wall St is a financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the world. We can see that Private Companies own 37%, of the shares on issue. report on analyst forecasts for the company. The airline operator said on Monday it will introduce four private investors, including Legend Holdings, owner of the Lenovo computer brand, to … 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. Hony also invests in overseas consumer brands in order to create value by expanding their presence in China. Legend Holdings. Hony increased its equity in Santos from 1.4% to 7.9% via this transaction. As of 31 March 2018, 65% of Lenovo stock was held by the general public, 29% by Legend Holdings, 5.8% by … Legend Holdings Corp., the Beijing-based conglomerate that owns computer maker Lenovo Group Ltd., is buying a controlling stake in one of Europe's oldest privately held banks from its … Taking a look at our data on the ownership groups (below), it's seems that institutions are noticeable on the share registry. Let's delve deeper into each type of owner, to discover more about Legend Holdings. 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. 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. Many institutions measure their performance against an index that approximates the local market. SEHK:3396 Ownership Summary, February 4th 2020 What Does The Institutional Ownership Tell Us About Legend Holdings? Suning Holdings Group Co. Ltd. provides business services. Insiders own HK$2.2b worth of shares (at current prices). 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 has about US$10 billion under management. Singapore, 5 October 2016- CNBC, the world's leading business and financial news network, has announced that Mr Liu Chuanzhi, Chairman of Legend Holdings … Hony has about US$10 billion under management. 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. Legend Holdings subsidiary Joyvio Group has put millions into Agri-Joyvio. 01 Sep 2017. 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. According to a company filing at the Shenzhen stock exchange, Legend has proposed to buy 26.8m shares through its agriculture subsidiary Joyvio … I generally like to see some degree of insider ownership, even if only a little. [2], Hony Capital currently manages over US$10.0 billion of assets and has invested in more than 100 companies domestically and abroad. Hony Capital has invested in the areas of pharmaceutical and healthcare, consumption and catering, culture and media, environmental protection and new energy, as well as high-end manufacturing. [2], Hony Capital is led by John Zhao, its founder and CEO, who also serves as Executive Vice President of Legend Holdings. The … When such a trade goes wrong, multiple parties may compete to sell stock fast. Hony completely divested itself of CSPC Pharmaceutical equity. The entity status is Good Standing. 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. [3], In 2008, Hony assisted Zoomlion Heavy Industry Science & Technology to purchase Italian equipment manufacturer Compagnia Italiana Forme Acciaio. In July 2012, Hony Capital became the first private equity company registered in Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone. 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. STX has direct distribution agreements with North American theater chains AMC, Regal, Cinemark and Carmike. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Legend Holdings is carrying net debt of 4.10 times its EBITDA, which is getting towards the upper limit of our comfort range on a dividend stock … Alternatively, those holders might be exiting the investment after taking it public. This risk is higher in a company without a history of growth. You can see Legend Holdings's historic earnings and revenue, below, but keep in mind there's always more to the story. Stake From Qatar's Royal Family Conversely, insiders often decrease their ownership over time. [1] Hony plans to open hundreds of new PizzaExpress restaurants in China and India. The company controls approximately nine per-cent of […] [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. 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. 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. Legend Holdings is a pretty big company. If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. Ultimately the future is most important. He was 86. As you can see, institutional investors own 31% of Legend Holdings. The financial, agriculture and it sectors editorial-team @ simplywallst.com owner of computer giant Lenovo, has in. Holdings ( 1 is concerning!, bonds and funds on 135 markets, from! 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