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词条 Jubilee Holdings Limited
释义

  1. Jubilee Holdings Limited

      Subsidiaries    Associates companies    Investment  

  2. Shareholding

  3. Governance

  4. See also

  5. References

  6. External links

{{not confuse|Jubilee Insurance Company Limited}}{{Use dmy dates|date=January 2015}}{{Infobox company
| name = Jubilee Holdings Limited
| logo =
| type = Public company
| traded_as = {{KN|JUB}}
| predecessor =
| founded = {{start date |1937}}
| key_people = Nizar N. Juma
Group Chairman
Julius Kipng’etich
Group CEO[1]
| industry = Insurance and finance
| products = Insurance, investments, real estate, management services
| revenue = USD 300 million (2013) Aftertax:US$27.8 million (KES:2.5 billion) (2013)
| assets = US$678 million (KES:61.16 billion) (2013)
| num_employees = 878
| num_employees_year = 2015
| location_city = Nairobi
| location_country = Kenya
| homepage = {{url |https://www.jubileeinsurance.com/ }}
}}Jubilee Holdings Limited is a financial services holding company, with its headquarters in Nairobi, Kenya. The company maintains subsidiaries in Kenya, Uganda, Tanzania, Burundi, Mauritius, and Pakistan. Its activities are mainly in the insurance sector.[2]

Jubilee Holdings Limited is a large financial services conglomerate in East Africa, the Indian Ocean Islands, and parts of southwestern Asia. As of December 2013, the company controlled assets valued at over US$678 million (KES:61.16 billion), with shareholder's equity of approximately US$119 million (KES:10.7 billion)[3] The company's subsidiary in Kenya, Jubilee Insurance Company Limited, was the largest insurance company in that country, the largest economy in the East African Community, according to a report by the Insurance Regulatory Authority, released in December 2014.[4]

Jubilee Holdings Limited

The following is a list of subsidiaries (50+% shareholding) and associated companies (less than 50% shareholding) of Jubilee Holdings Limited, who together form the Jubilee Group.[5]

Subsidiaries

  • Jubilee Insurance Company Limited – 100% Shareholding – Kenya – A general and long term insurance provider in Kenya.
  • The Jubilee Insurance Company of Uganda Limited - 65% Shareholding - Uganda - A general insurance provider in Uganda.
  • Jubilee Life Insurance Company of Uganda Limited - 65% Shareholding - Uganda - A long term insurance provider in Uganda.
  • The Jubilee Insurance Company of Tanzania Limited - 51% Shareholding - Tanzania - A general insurance provider in Tanzania.
  • Jubilee Life Insurance Corporation of Tanzania Limited - 51% Shareholding - Tanzania - A long term insurance provider in Tanzania.
  • The Jubilee Insurance Company of Burundi S.A. - 70% Shareholding - Burundi - A general and long term insurance provider in Burundi. 20% of this venture is held by the group's sister company, The Diamond Trust Bank Group. The two have AKFED as a common shareholder.
  • Jubilee Insurance (Mauritius) Limited - 80% Shareholding - Mauritius - A general insurance provider in Mauritius.
  • Jubilee Financial Services Limited - 100% - Kenya - A fund management company in Kenya.
  • Jubilee Investments Company Limited - 100% Shareholding - Uganda - An investments holding company.
  • Jubilee Investments Tanzania Limited - 100% Shareholding - Tanzania - An investments holding company.
  • Jubilee Investments Burundi Limited - 100% Shareholding - Burundi - An investments holding company.
  • Jubilee Center Burundi - 80% Shareholding - Burundi - A property investment company.
  • Jubilee Insurance DRC - 100% Shareholding - DR Congo - A health insurance company.[6]

Associates companies

  • PDM (Holdings) Limited - 37.1% - Kenya - An investment vehicle through which the group has invested in the equity of Property Development and Management (K) Limited which conducts property investment, development and management.
  • IPS Cable Systems Limited - 33.3% - Mauritius - An investment vehicle through which the group has invested in the equity of the 15,000 km Seacom submarine fiber optic cable.
  • FCL Holdings Limited - 30.0% - Kenya - An investment vehicle through which the group has invested in the equity of Farmers Choice Limited with its main objective being sale of fresh and processed meat products.
  • IPS Power Investment Limited - 27.0% - Kenya - An investment vehicle through which the group has invested in the equity of Tsavo Power Company Limited that generates electricity for sale.
  • Bujagali Holding Power Company Limited - 25.0% Shareholding - Uganda - An investment vehicle through which the group has invested in the equity of Bujagali Energy Limited an electricity generating company in Uganda.

Investment

  • Diamond Trust Bank Group - 10.27% Shareholding[7] - A major banking group in East Africa, active in Burundi, Kenya, Tanzania and Uganda. Held through Jubilee Insurance Company Limited.

Shareholding

The shares of stock of the holding company are listed on the stock exchanges in Nairobi, Kampala, and Dar es Salaam.[8] The largest shareholders in the company as of December 2015 are listed in the table below:[3]

Jubilee Holdings Limited Stock Ownership
RankName of OwnerPercentage Ownership
1Aga Khan Fund for Economic Development37.98
2Pyrus Investments Limited9.82
3Freight Forwarders Kenya Limited1.95
4United Housing Estates Limited1.81
5Adam’s Brown and Company Limited1.79
6Others via the NSE, USE & DSE46.65
Total100.00

Governance

The activities of the Holding Company (The Group), are supervised by an eight-person board of directors, led by Group chairman Nizar N. Juma.[9]

See also

References

1. ^{{cite web|location=Nairobi | url=https://www.businessdailyafrica.com/corporate/companies/Julius-Kipng-etich-moves-on-to-Jubilee-Holdings/4003102-4258094-ulm9f0z/index.html |title=Ex-Uchumi boss Kipng’etich moves on to the helm of Jubilee Holdings |accessdate=11 January 2018 |date=10 January 2018 | newspaper=Business Daily Africa |first=Mugambi |last=Mutegi}}
2. ^{{cite web|accessdate=23 January 2015| url=http://africanbusinessmagazine.com/african-banker/globus-jubilee-tie-boost-pan-african-insurance/|title=Globus, Jubilee Tie Up To Boost Pan-African Insurance|date=2 November 2014|first=Aamera|last=Jiwaji|publisher=African Business Magazine (London)}}
3. ^{{cite web|url=https://www.jubileeinsurance.com/ke/images/downloads/AnnualReports/Jubilee-Annual-Report-2015-webversion.pdf|title=Jubilee Holdings Limited December 2015 Annual Report|last=JHL|first=.|date=31 December 2015|website=|publisher=Jubilee Holdings Limited (JHL)|format=PDF|access-date=|accessdate=29 September 2016}}
4. ^{{cite web|newspaper=Business Daily Africa (Nairobi)|last=Herbling|first=David|accessdate=23 January 2015|url=http://www.businessdailyafrica.com/Corporate-News/CIC-rises-to-third-largest-insurance-firm/-/539550/2564832/-/49ddqn/-/index.html|title=CIC Rises Past ICEA To Be Third-Largest Insurance Firm|date=21 December 2014}}
5. ^{{Cite web|url = https://www.jubileeinsurance.com/ke/images/downloads/AnnualReports/JHL-Annual-Report-2013-Dist.pdf|title = Jubilee Holdings Limited - 2013 Annual Report|date = 2013-12-31|accessdate = 2015-02-19|website = |publisher = Jubilee Holdings Limited|last = |first = }}
6. ^{{cite web|url=http://www.theeastafrican.co.ke/business/Jubilee-posts--19-7-million-half-year-profit-enters-DRC-market/2560-3363880-vrh9urz/index.html | title=Jubilee posts $19.7 million half year profit, enters DRC market |accessdate=31 August 2016 |date=31 August 2016 |first=Allan |last=Olingo | newspaper=The EastAfrican | location=Nairobi}}
7. ^{{cite web | url=http://www.dtbk.dtbafrica.com/investor-relations/shareholding-structure.aspx | title=Diamond Trust Bank Group: Shareholding Structure | date=31 December 2013 | accessdate=19 February 2015 | last=DTB | publisher=Diamond Trust Bank Group}}
8. ^{{cite web|accessdate=23 January 2015| url=http://www.moneyweb.co.za/moneyweb-investment-insights/arbitrage-opportunities-on-duallisted-stocks|title=Arbitrage Opportunities On Dual-Listed Stocks|date=26 July 2011|first=Sasha|last=Planting|publisher=MoneyWeb South Africa}}
9. ^{{cite web | date=2014 | url=https://www.jubileeinsurance.com/ke/index.php/jubilee-group/board-of-directors#.VMK33ZU5CLA | title=Board of Directors At Jubilee Holdings Limited | accessdate=23 January 2015 | last=JHL |publisher=Jubilee Holdings Limited (JHL)}}

External links

9 : Holding companies established in 1937|1937 establishments in Kenya|Holding companies|Insurance companies of Kenya|Companies of Kenya|Companies listed on the Nairobi Stock Exchange|Companies listed on the Uganda Securities Exchange|Companies listed on the Dar es Salaam Stock Exchange|Financial services companies established in 1937

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