Securities and Exchange Commission

Washington, D.C. 20549

 

 

Schedule 13G

(Rule 13d-102)

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

Pursuant to § 240.13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)*

 

 

Grab Holdings Limited

(Name of Issuer)

Class A Ordinary Shares

(Title of Class of Securities)

G4124C109

(CUSIP Number)

December 31, 2022

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

CUSIP No. G4124C109   Schedule 13G   Page 2 of 16

 

  1    

  Names of Reporting Persons

 

  SB Investment Advisers (UK) Limited

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  England and Wales

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  709,265,250

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  709,265,250

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  709,265,250

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  19.1%

12  

  Type of Reporting Person

 

  CO

CUSIP No. G4124C109   Schedule 13G   Page 3 of 16

 

  1    

  Names of Reporting Persons

 

  SoftBank Vision Fund L.P.

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Jersey

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  709,265,250

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  709,265,250

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  709,265,250

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  19.1%

12  

  Type of Reporting Person

 

  PN

CUSIP No. G4124C109   Schedule 13G   Page 4 of 16

 

  1    

  Names of Reporting Persons

 

  SVF Holdings (UK) LLP

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  England and Wales

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  709,265,250

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  709,265,250

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  709,265,250

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  19.1%

12  

  Type of Reporting Person

 

  PN

CUSIP No. G4124C109   Schedule 13G   Page 5 of 16

 

  1    

  Names of Reporting Persons

 

  SVF Investments (UK) Limited

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  England and Wales

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  699,175,218

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  699,175,218

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  699,175,218

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  18.8%

12  

  Type of Reporting Person

 

  CO

CUSIP No. G4124C109   Schedule 13G   Page 6 of 16

 

  1    

  Names of Reporting Persons

 

  SVF Holdings (Cayman) Ltd.

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Cayman Islands

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  10,090,032

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  10,090,032

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  10,090,032

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  0.3%

12  

  Type of Reporting Person

 

  CO

CUSIP No. G4124C109   Schedule 13G   Page 7 of 16

 

  1    

  Names of Reporting Persons

 

  SVF Holdco (Singapore) Pte. Ltd.

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Singapore

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  10,090,032

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  10,090,032

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  10,090,032

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  0.3%

12  

  Type of Reporting Person

 

  CO

CUSIP No. G4124C109   Schedule 13G   Page 8 of 16

 

  1    

  Names of Reporting Persons

 

  SVF Zen JV Co (Singapore) Pte. Ltd.

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Singapore

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  10,090,032

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  10,090,032

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  10,090,032

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  0.3%

12  

  Type of Reporting Person

 

  CO

CUSIP No. G4124C109   Schedule 13G   Page 9 of 16

 

  1    

  Names of Reporting Persons

 

  ZA Tech Global Limited

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Hong Kong

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  10,090,032

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  10,090,032

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  10,090,032

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  0.3%

12  

  Type of Reporting Person

 

  CO

CUSIP No. G4124C109   Schedule 13G   Page 10 of 16

 

  1    

  Names of Reporting Persons

 

  ZA Tech Global (Cayman) Limited

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Cayman Islands

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  10,090,032

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  10,090,032

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  10,090,032

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  0.3%

12  

  Type of Reporting Person

 

  CO

CUSIP No. G4124C109   Schedule 13G   Page 11 of 16

 

ITEM 1.

(a)     Name of Issuer:

Grab Holdings Limited (the “Issuer”).

 

  (b)

Address of Issuer’s Principal Executive Offices:

3 Media Close, #01-03/06, Singapore 138498.

 

ITEM 2.

(a)     Name of Person Filing:

Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons.” This statement is filed on behalf of:

SB Investment Advisers (UK) Limited (“SBIA UK”)

SoftBank Vision Fund L.P.

SVF Holdings (UK) LLP

SVF Investments (UK) Limited

SVF Holdings (Cayman) Ltd.

SVF Holdco (Singapore) Pte. Ltd.

SVF Zen JV Co (Singapore) Pte. Ltd.

ZA Tech Global Limited (“ZATG”)

ZA Tech Global (Cayman) Limited

 

  (b)

Address or Principal Business Office:

The principal business address for each of SBIA UK, SVF Holdings (UK) LLP and SVF Investments (UK) Limited is 69 Grosvenor Street, London W1K 3JP, United Kingdom. The principal business address for SoftBank Vision Fund L.P. is Aztec Group House 11-15 Seaton Place, St. Helier, Jersey, JE4 0QH. The principal business address for SVF Holdings (Cayman) Ltd. is c/o Walkers Corporate Ltd., 190 Elgin Avenue, George Town, Grand Cayman KY1-9008. The principal business address for each of SVF Holdco (Singapore) Pte. Ltd. and SVF Zen JV Co (Singapore) Pte. Ltd. is 138 Market Street #27-01A, Capitagreen, Singapore 048926. The principal business address for ZATG is 28/F, Infinitus Plaza, 199 Des Voeux Road Central, Hong Kong. The principal business address for ZA Tech Global (Cayman) Limited is Vistra (Cayman) Limited, P.O. Box 31119, Grand Pavilion, Hibiscus Way, 802 West Bay Road, Grand Cayman, KY1-1205 Cayman Islands.

 

  (c)

Citizenship of each Reporting Person is:

SBIA UK, SVF Holdings (UK) LLP and SVF Investments (UK) Limited are organized under the laws of England and Wales. SoftBank Vision Fund L.P. is organized under the laws of Jersey. SVF Holdings (Cayman) Ltd. and ZA Tech Global (Cayman) Limited are organized under the laws of the Cayman Islands. SVF Holdco (Singapore) Pte. Ltd. and SVF Zen JV Co (Singapore) Pte. Ltd. are organized under the laws of Singapore. ZATG is organized under the laws of Hong Kong.

CUSIP No. G4124C109   Schedule 13G   Page 12 of 16

 

  (d)

Title of Class of Securities:

Class A ordinary shares, par value $0.000001 per share (“Ordinary Shares”).

 

  (e)

CUSIP Number:

G4124C109

 

ITEM 3.

Not applicable.

 

ITEM 4.

Ownership.

(a-c)

The ownership information presented below represents beneficial ownership of Ordinary Shares of the Issuer based upon 3,709,406,012 Ordinary Shares outstanding as of March 31, 2022, as disclosed in the amendment to the Issuer’s Registration Statement on Form F-1 filed with the Securities and Exchange Commission on May 20, 2022.

 

Reporting Person   

Amount

beneficially

owned

     

Percent

of class:

     Sole
power
to vote
or to
direct
the
vote:		     

Shared

power to

vote or to
direct the
vote:

     

Sole
power to
dispose or
to direct
the
disposition

of:

     

Shared

power to

dispose or

to direct

the

disposition

of:

  

SB Investment Advisers (UK) Limited

      709,265,250        19.1 %      0        709,265,250        0        709,265,250  

SoftBank Vision Fund L.P.

      709,265,250        19.1 %      0        709,265,250        0        709,265,250  

SVF Holdings (UK) LLP

      709,265,250        19.1 %      0        709,265,250        0        709,265,250  

SVF Investments (UK) Limited

      699,175,218        18.8 %      0        699,175,218        0        699,175,218  

SVF Holdings (Cayman) Ltd.

      10,090,032        0.3 %      0        10,090,032        0        10,090,032  

SVF Holdco (Singapore) Pte. Ltd.

      10,090,032        0.3 %      0        10,090,032        0        10,090,032  

SVF Zen JV Co (Singapore) Pte. Ltd.

      10,090,032        0.3 %      0        10,090,032        0        10,090,032  

ZA Tech Global Limited

      10,090,032        0.3 %      0        10,090,032        0        10,090,032  

ZA Tech Global (Cayman) Limited

      10,090,032        0.3 %      0        10,090,032        0        10,090,032  

SVF Investments (UK) Limited is the record holder of 699,175,218 Ordinary Shares and ZA Tech Global (Cayman) Limited is the record holder of 10,090,032 Ordinary Shares.

CUSIP No. G4124C109   Schedule 13G   Page 13 of 16

 

SoftBank Vision Fund L.P. is the managing member of SVF Holdings (UK) LLP, which is the sole owner of SVF Investments (UK) Limited and SVF Holdings (Cayman) Ltd., which is the sole owner of SVF Holdco (Singapore) Pte. Ltd., which is the sole owner of SVF Zen JV Co (Singapore) Pte. Ltd., which is the majority shareholder of ZATG, which is the sole owner of ZA Tech Global (Cayman) Limited.

SBIA UK has been appointed as the alternative investment fund manager (“AIFM”) of SoftBank Vision Fund L.P. As AIFM, SBIA UK is authorized and regulated by the UK Financial Conduct Authority and is exclusively responsible for making all decisions related to the acquisition, structuring, financing and disposal of SoftBank Vision Fund L.P.’s investments.

 

ITEM 5.

Ownership of Five Percent or Less of a Class.

Not applicable.

 

ITEM 6.

Ownership of More Than Five Percent on Behalf of Another Person.

Not applicable.

 

ITEM 7.

Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company.

Not applicable.

 

ITEM 8.

Identification and Classification of Members of the Group.

Not applicable.

 

ITEM 9.

Notice of Dissolution of Group.

Not applicable.

 

ITEM 10.

Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

CUSIP No. G4124C109   Schedule 13G   Page 14 of 16

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 13, 2023

 

SB Investment Advisers (UK) Limited
By:   /s/ Amanda Sanchez-Barry
Name:   Amanda Sanchez-Barry
Title:   General Counsel
SoftBank Vision Fund L.P.
By:   SB Investment Advisers (UK) Limited, its Manager
By:   /s/ Amanda Sanchez-Barry
Name:   Amanda Sanchez-Barry
Title:   General Counsel
SVF Holdings (UK) LLP
By:   SoftBank Vision Fund L.P., its Managing Member
By:   SB Investment Advisers (UK) Limited, its Manager
By:   /s/ Amanda Sanchez-Barry
Name:   Amanda Sanchez-Barry
Title:   General Counsel
SVF Investments (UK) Limited
By:   SB Investment Advisers (UK) Limited, its Manager
By:   /s/ Amanda Sanchez-Barry
Name:   Amanda Sanchez-Barry
Title:   General Counsel
SVF Holdings (Cayman) Ltd.
By:   /s/ Karen Ellerbe
Name:   Karen Ellerbe
Title:   Director

CUSIP No. G4124C109   Schedule 13G   Page 15 of 16

 

SVF Holdco (Singapore) Pte. Ltd.
By:   /s/ Martin O’Regan
Name:   Martin O’Regan
Title:   Director
SVF Zen JV Co (Singapore) Pte. Ltd.
By:   /s/ Martin O’Regan
Name:   Martin O’Regan
Title:   Director
ZA Tech Global Limited
By:   SVF Zen JV Co (Singapore) Pte. Ltd., its Majority Shareholder
By:   /s/ Martin O’Regan
Name:   Martin O’Regan
Title:   Director
ZA Tech Global (Cayman) Limited
By:   ZA Tech Global Limited, its Sole Owner
By:   SVF Zen JV Co (Singapore) Pte. Ltd., its Majority Shareholder
By:   /s/ Martin O’Regan
Name:   Martin O’Regan
Title:   Director

CUSIP No. G4124C109   Schedule 13G   Page 16 of 16

 

LIST OF EXHIBITS

 

Exhibit No.   

Description

99    Joint Filing Agreement.

Exhibit 99

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that they are jointly filing this statement on Schedule 13G. Each of them is responsible for the timely filing of such statement and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

IN WITNESS WHEREOF, the undersigned hereby execute this Joint Filing Agreement as of February 13, 2023.

 

SB Investment Advisers (UK) Limited
By:   /s/ Amanda Sanchez-Barry
Name:   Amanda Sanchez-Barry
Title:   General Counsel
SoftBank Vision Fund L.P.
By:   SB Investment Advisers (UK) Limited, its Manager
By:   /s/ Amanda Sanchez-Barry
Name:   Amanda Sanchez-Barry
Title:   General Counsel
SVF Holdings (UK) LLP
By:   SoftBank Vision Fund L.P., its Managing Member
By:   SB Investment Advisers (UK) Limited, its Manager
By:   /s/ Amanda Sanchez-Barry
Name:   Amanda Sanchez-Barry
Title:   General Counsel
SVF Investments (UK) Limited
By:   SB Investment Advisers (UK) Limited, its Manager
By:   /s/ Amanda Sanchez-Barry
Name:   Amanda Sanchez-Barry
Title:   General Counsel

SVF Holdings (Cayman) Ltd.
By:   /s/ Karen Ellerbe
Name:   Karen Ellerbe
Title:   Director
SVF Holdco (Singapore) Pte. Ltd.
By:   /s/ Martin O’Regan
Name:   Martin O’Regan
Title:   Director
SVF Zen JV Co (Singapore) Pte. Ltd.
By:   /s/ Martin O’Regan
Name:   Martin O’Regan
Title:   Director
ZA Tech Global Limited
By:   SVF Zen JV Co (Singapore) Pte. Ltd., its Majority Shareholder
By:   /s/ Martin O’Regan
Name:   Martin O’Regan
Title:   Director
ZA Tech Global (Cayman) Limited
By:   ZA Tech Global Limited, its Sole Owner
By:   SVF Zen JV Co (Singapore) Pte. Ltd., its Majority Shareholder
By:   /s/ Martin O’Regan
Name:   Martin O’Regan
Title:   Director