Sec Form 13G Filing - Alibaba Group Holding Ltd filing for PERFECT CORP (PERF) - 2023-02-07

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

 

(Amendment No. ___)*

 

Perfect Corp.
(Name of Issuer)

 

Class A ordinary shares, par value $0.10 per share
(Title of Class of Securities)

 

G7006A109
(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)

 

x  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 disclosures provided in a prior cover page.

 

The information required on 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. G7006A109

 

1. NAME OF REPORTING PERSON:
Alibaba Group Holding Limited
   
  (a) ¨
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP  
  (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
10,887,904 class A ordinary shares*
7. SOLE DISPOSITIVE POWER
0
8. SHARED DISPOSITIVE POWER
10,887,904 class A ordinary shares*

9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,887,904 class A ordinary shares*
   
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES ¨
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.7%**  
   
12. TYPE OF REPORTING PERSON
CO

 

*Represents class A ordinary shares held as of December 31, 2022 by Taobao China Holding Limited, a wholly-owned subsidiary of Taobao Holding Limited, which is a wholly-owned subsidiary of Alibaba Group Holding Limited.

 

**The percentage used in this Schedule 13G is calculated based on 101,475,077 class A ordinary share s of Perfect Corp. (the “Issuer”) issued and outstanding as reported on the Issuer’s Amendment No. 1 to Registration Statement on Form F-1 filed with the Securities and Exchange Commission (“SEC”) on December 12, 2022.

 

 Page 2 of 8 

 

 

CUSIP No. G7006A109

 

1. NAME OF REPORTING PERSON:
Taobao Holding Limited
   
  (a) ¨
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP  
  (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
10,887,904 class A ordinary shares*
7. SOLE DISPOSITIVE POWER
0
8. SHARED DISPOSITIVE POWER
10,887,904 class A ordinary shares*

9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,887,904 class A ordinary shares*
   
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES ¨
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.7%**  
   
12. TYPE OF REPORTING PERSON
CO

 

*Represents class A ordinary shares held as of December 31, 2022 by Taobao China Holding Limited, a wholly-owned subsidiary of Taobao Holding Limited.

 

**The percentage used in this Schedule 13G is calculated based on 101,475,077 class A ordinary shares of the Issuer issued and outstanding as reported on the Issuer’s Amendment No. 1 to Registration Statement on Form F-1 filed with the SEC on December 12, 2022.

 Page 3 of 8 

 

 

CUSIP No. G7006A109

 

1. NAME OF REPORTING PERSON:
Taobao China Holding Limited
   
  (a) ¨
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP  
  (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
10,887,904 class A ordinary shares*
7. SOLE DISPOSITIVE POWER
0
8. SHARED DISPOSITIVE POWER
10,887,904 class A ordinary shares*

9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,887,904 class A ordinary shares*
   
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES ¨
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.7%**  
   
12. TYPE OF REPORTING PERSON
CO

 

*Represents class A ordinary shares held as of December 31, 2022 by Taobao China Holding Limited.

 

** The percentage used in this Schedule 13G is calculated based on 101,475,077 class A ordinary shares of the Issuer issued and outstanding as reported on the Issuer’s Amendment No. 1 to Registration Statement on Form F-1 filed with the SEC on December 12, 2022.

 

 Page 4 of 8 

 

 

CUSIP No. G7006A109

 

SCHEDULE 13G

 

       Item 1(a)Name of Issuer:

 

Perfect Corp.

 

  1(b)Address of Issuer's Principal Executive Offices:

 

14F, No. 98 Minquan Road, Xindian District, New Taipei City 231, Taiwan

 

       Item 2(a)Name of Person Filing:

 

Alibaba Group Holding Limited

 

Taobao Holding Limited

 

Taobao China Holding Limited

 

The shares reported herein are directly held by Taobao China Holding Limited.

 

Taobao China Holding Limited is a wholly-owned subsidiary of Taobao Holding Limited, which is a wholly-owned subsidiary of Alibaba Group Holding Limited. Accordingly, Taobao Holding Limited and Alibaba Group Holding Limited may be deemed to indirectly beneficially own the securities of the Issuer held by Taobao China Holding Limited.

 

  2(b)Address of Principal Business Office or, if none, Residence:

 

For each of the Reporting Persons: c/o Alibaba Group Services Limited, 26/F Tower One, Times Square, 1 Matheson Street, Causeway Bay, Hong Kong.

 

  2(c)Citizenship:

 

Alibaba Group Holding Limited: Cayman Islands

 

Taobao Holding Limited: Cayman Islands

 

Taobao China Holding Limited: Hong Kong

 

  2(d)Title of Class of Securities: Class A ordinary shares, par value $0.10 per share

 

 Page 5 of 8 

 

 

CUSIP No. G7006A109

 

  2(e)CUSIP Number: G7006A109

 

Item 3For statements filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c):

 

Not applicable.

 

Item 4Ownership:

 

4(a)The information required by Item 4(a) is set forth in Row (9) of the cover page for each Reporting Person and is incorporated herein by reference.

 

4(b)Percent of class determined is based on 101,475,077 class A ordinary shares of the Issuer issued and outstanding as reported on the Issuer’s Amendment No. 1 to Registration statement on Form F-1 filed with the SEC on December 12, 2022.

 

The information required by Item 4(b) is set forth in Row (11) on the cover page for each Reporting Person and is incorporated herein by reference.

 

As of December 31, 2022, Taobao China Holding Limited directly owned 10,887,904 class A ordinary shares of the Issuer. Taobao China Holding Limited is a wholly-owned subsidiary of Taobao Holding Limited, which is a wholly-owned subsidiary of Alibaba Group Holding Limited. Accordingly, Alibaba Group Holding Limited may be deemed to beneficially own 10,887,904 class A ordinary shares of the Issuer, representing 10.7% of the Issuer’s class A ordinary shares.

 

4(c)The information required by Item 4(c) is set forth in Rows (5)-(8) of the cover page for each Reporting Person and is incorporated herein by reference.

 

Item 5Ownership of Five Percent or Less of a Class: Not Applicable.

 

Item 6Ownership of More than Five Percent on Behalf of Another Person:

 

Not Applicable.

 

Item 7Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company: Not Applicable.

 

Item 8Identification and Classification of Members of the Group: Not Applicable.

 

Item 9Notice of Dissolution of Group: Not Applicable.

 

Item 10Certification: Not Applicable.

 

 Page 6 of 8 

 

 

CUSIP No. G7006A109

 

SIGNATURES

 

After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Date: February 7, 2023

 

  ALIBABA GROUP HOLDING LIMITED
   
  By: /s/ Kevin Jinwei ZHANG
    Name: Kevin Jinwei ZHANG
    Title: Company Secretary
   
  TAOBAO HOLDING LIMITED
   
  By: /s/ Kevin Jinwei ZHANG
    Name: Kevin Jinwei ZHANG
    Title: Director
   
  TAOBAO CHINA HOLDING LIMITED
   
  By: /s/ Kevin Jinwei ZHANG
    Name: Kevin Jinwei ZHANG
    Title: Director

 

 Page 7 of 8 

 

 

EXHIBIT INDEX

 

Exhibit No. Description
1 Joint Filing Agreement

 

 Page 8 of 8