SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) Pacific Century Cyberworks Limited ----------------------------------- (Name of Issuer) Ordinary Shares ----------------------------------- (Title of Class of Securities) 694059106 ----------------------------------- (CUSIP Number) January 14, 2002 ----------------------------------- (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) X 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 (the "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). Page 1 of 5 Pages CUSIP No. 694059106 13G Page 2 of 5 Pages 1. NAME OF REPORTING PERSON: INTEL CORPORATION I.R.S. IDENTIFICATION NO. OF ABOVE 94-1672743 PERSON: 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ] (b)[ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION: DELAWARE 5. SOLE VOTING POWER: -0- NUMBER OF SHARES 6. SHARED VOTING POWER: 1,401,069,000* * BENEFICIALLY OWNED BY THE 7. SOLE DISPOSITIVE POWER: -0- REPORTING PERSON WITH 8. SHARED DISPOSITIVE POWER: 1,401,069,000* * 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY THE 1,401,069,000* * REPORTING PERSON: 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN 6.17% ROW 9: 12. TYPE OF REPORTING PERSON:* CO *SEE INSTRUCTIONS BEFORE FILLING OUT! ** See Item 4 below. CUSIP No. 694059106 13G Page 3 of 5 Pages ITEM 1. (a) Name of Issuer: Pacific Century Cyberworks Limited (b) Address of Issuer's Principal Executive Offices: c/o 37/F., Citibank Tower, Citibank Plaza 3 Garden Road Central, Hong Kong ITEM 2. (a) Name of Person Filing: Intel Corporation (b) Address of Principal Business Office: 2200 Mission College Boulevard Santa Clara, CA 95052-8119 (c) Citizenship or Place of Organization: Delaware (d) Title of Class of Securities: Ordinary Shares (e) CUSIP Number: 694059106 ITEM 3. Inapplicable ITEM 4. Ownership. (a) Amount beneficially owned: 1,401,069,000 (b) Percent of Class: 6.17% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: -0- (ii) Shared power to vote or to direct the vote: 1,401,069,000 (iii) Sole power to dispose or to direct the disposition of: -0- (iv) Shared power to dispose or to direct the disposition of: 1,401,069,000 Intel Corporation ("Intel") does not directly own any shares of the Issuer. By reason of the provisions of Rule 13d-3 under the Securities Exchange Act, Intel may be deemed to own beneficially the shares of the Issuer owned beneficially by Intel Pacific, Inc. ("Intel Pacific") and Intel Capital Corporation ("Intel Capital"), each a wholly-owned subsidiary of Intel. Intel Pacific owns or has the right to acquire 859,500,000 shares of the Issuer. Intel Capital may be deemed to share beneficial ownership of 541,569,000 shares of the Issuer with Pacific Century Regional Developments Limited ("PCRD"). CUSIP No. 694059106 13G Page 4 of 5 Pages ITEM 5. Inapplicable ITEM 6. Ownership of More than Five Percent on Behalf of Another Person. Intel does not directly own any shares of the Issuer. By reason of the provisions of Rule 13d-3 under the Securities Exchange Act, Intel may be deemed to own beneficially the shares of the Issuer owned beneficially by Intel Pacific and Intel Capital, each a wholly-owned subsidiary of Intel. Intel Pacific owns or has the right to acquire 859,500,000 shares of the Issuer, representing 3.79% of the 22,693,349,346 shares of the Issuer outstanding as of January 13, 2002. Intel Capital may be deemed to share beneficial ownership of 541,569,000 shares of the Issuer with PCRD, representing 2.38% of the 22,693,349,346 shares of the Issuer outstanding as of January 13, 2002. To the best knowledge of the Reporting Person, no person other than Intel Pacific and Intel Capital has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares reported in this Schedule 13G, except that pursuant to the Securities Lending Agreement (the "Securities Lending Agreement") and the Share Charge Agreement (the "Share Charge Agreement"), each dated January 14, 2002 between PCRD and Intel Capital, (i) PCRD only has the right to receive or the power to direct the receipt of dividends from shares lent to Intel Capital that are not in Intel Capital's possession to the extent that Intel Capital receives such dividends and (ii) PCRD does not have the right to receive or the power to direct the receipt of proceeds from the sale of shares lent to Intel Capital until such shares have been returned to PCRD. For additional information, see the full text of the Securities Lending Agreement and the Share Charge Agreement, attached as Exhibits 13 and 15, respectively, to Amendment No. 3 to Schedule 13D filed with the Securities and Exchange Commission on January 15, 2002, by Richard Li Tzar Kai and others. ITEM 7. Inapplicable ITEM 8. Inapplicable ITEM 9. Inapplicable ITEM 10. Certifications. 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. CUSIP No. 694059106 13G Page 5 of 5 Pages 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. Dated as of January 23, 2002 INTEL CORPORATION By: /s/ F. Thomas Dunlap, Jr. ---------------------------- F. Thomas Dunlap, Jr. Senior Vice President, General Counsel and Secretary