Filing Details

Accession Number:
0001193125-21-096830
Form Type:
13G Filing
Publication Date:
2021-03-26 18:29:28
Filed By:
Sb Investment Advisers (uk) Ltd
Company:
Ke Holdings Inc. (NYSE:BEKE)
Filing Date:
2021-03-29
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
SB Investment Advisers (UK) Limited 0 313,596,495 0 313,596,495 313,596,495 11.8%
SoftBank Vision Fund II 0 313,596,495 0 313,596,495 313,596,495 11.8%
SVF II Shell Subco (Singapore) Pte. Ltd 0 313,596,495 0 313,596,495 313,596,495 11.8%
Filing

 

 

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. )*

 

 

KE Holdings Inc.

(Name of Issuer)

Class A Ordinary Shares, par value $0.00002 per share

(Title of Class of Securities)

482497104

(CUSIP Number)

December 31, 2020

(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 persons 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. 482497104    Schedule 13G    Page 1 of 8

 

  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

 

  313,596,495

  7     

  Sole Dispositive Power

 

  0

  8     

  Shared Dispositive Power

 

  313,596,495

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  313,596,495

10    

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

 

  Not Applicable

11    

  Percent of Class Represented by Amount in Row 9

 

  11.8%

12    

  Type of Reporting Person

 

  CO


 

CUSIP No. 482497104    Schedule 13G    Page 2 of 8

 

  1    

  Names of Reporting Persons

 

  SoftBank Vision Fund II-2, 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

 

  313,596,495

  7     

  Sole Dispositive Power

 

  0

  8     

  Shared Dispositive Power

 

  313,596,495

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  313,596,495

10    

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

 

  Not Applicable

11    

  Percent of Class Represented by Amount in Row 9

 

  11.8%

12    

  Type of Reporting Person

 

  PN


 

CUSIP No. 482497104    Schedule 13G    Page 3 of 8

 

  1    

  Names of Reporting Persons

 

  SVF II Shell Subco (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

 

  313,596,495

  7     

  Sole Dispositive Power

 

  0

  8     

  Shared Dispositive Power

 

  313,596,495

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  313,596,495

10    

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

 

  Not Applicable

11    

  Percent of Class Represented by Amount in Row 9

 

  11.8%

12    

  Type of Reporting Person

 

  CO


 

CUSIP No. 482497104    Schedule 13G    Page 4 of 8

 

ITEM 1.  (a)

Name of Issuer:

KE Holdings Inc. (the Issuer)

 

  (b)

Address of Issuers Principal Executive Offices:

Oriental Electronic Technology Building,

No. 2 Chuangye Road, Haidian District,

Beijing 100086

Peoples Republic of China

 

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 II-2, L.P. (SVF II-2)

SVF II Shell Subco (Singapore) Pte. Ltd. (Shell Subco)

 

  (b)

Address or Principal Business Office:

The address for SBIA UK is 69 Grosvenor Street, London W1K 3JP, United Kingdom. The address for SVF II-2 is Aztec Group House, 11-15 Seaton Place, St. Helier, Jersey JE4 0QH. The address for Shell Subco is 138 Market Street, #27-01A, CapitaGreen, Singapore.

 

  (c)

Citizenship of each Reporting Person is:

SBIA UK is organized under the laws of England and Wales. SVF II-2 is organized under the laws of Jersey. Shell Subco is organized under the laws of Singapore.

 

  (d)

Title of Class of Securities:

Class A Ordinary Shares, par value $0.00002 per share (Ordinary Shares).

 

  (e)

CUSIP Number:

There is no CUSIP number assigned to the Ordinary Shares. CUSIP number 482497104 has been assigned to the American Depositary Shares of the Issuer. Each American Depositary Share represents 3 Ordinary Shares.

 

ITEM 3.

Not applicable.


 

CUSIP No. 482497104    Schedule 13G    Page 5 of 8

 

ITEM 4.

Ownership.

(a-c)

The ownership information presented below represents beneficial ownership of Ordinary Shares of the Issuer as of December 31, 2020, based upon 2,666,966,855 Ordinary Shares outstanding as of December 31, 2020.

 

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

     313,596,495        11.8     0        313,596,495        0        313,596,495  

SoftBank Vision Fund II-2, L.P.

     313,596,495        11.8     0        313,596,495        0        313,596,495  

SVF II Shell Subco (Singapore) Pte. Ltd.

     313,596,495        11.8     0        313,596,495        0        313,596,495  

Shell Subco is the record holder of the Ordinary Shares reported herein.

Shell Subco is a wholly owned subsidiary of SVF II-2. SBIA UK has been appointed as alternative investment fund manager (AIFM) and is exclusively responsible for managing SVF II-2 in accordance with the Alternative Investment Fund Managers Directive and is authorized and regulated by the UK Financial Conduct Authority accordingly. As AIFM of SVF II-2, SBIA UK is exclusively responsible for making all decisions related to the acquisition, structuring, financing and disposal of SVF II-2s 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.


 

CUSIP No. 482497104    Schedule 13G    Page 6 of 8

 

ITEM 9.

Notice of Dissolution of Group.

Not applicable.

 

ITEM 10.

Certification.

Not applicable.


 

CUSIP No. 482497104    Schedule 13G    Page 7 of 8

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:    March 26, 2021

 

SB Investment Advisers (UK) Limited
By:  

/s/ Brian Wheeler

Name:   Brian Wheeler
Title:   General Counsel
SoftBank Vision Fund II-2, L.P.
By: SB Investment Advisers (UK) Limited, its Manager
By:  

/s/ Brian Wheeler

Name:   Brian Wheeler
Title:   General Counsel
SVF II Shell Subco (Singapore) Pte. Ltd.
By: SB Investment Advisers (UK) Limited, Its Manager
By:  

/s/ Brian Wheeler

Name:   Brian Wheeler
Title:   General Counsel

 

CUSIP No. 482497104    Schedule 13G    Page 8 of 8

LIST OF EXHIBITS

 

Exhibit No.

  

Description

99    Joint Filing Agreement.