-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MdAx75g546JWG8gtcnhgEzvohiNx2PU0NM9jRWZI/cbtzDuNND9JB5Uo8iosP4yL j9MRoCZ26WzVlkdH0Vi5+A== 0000912057-97-030321.txt : 19970912 0000912057-97-030321.hdr.sgml : 19970912 ACCESSION NUMBER: 0000912057-97-030321 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970910 SROS: NONE GROUP MEMBERS: BOARD OF COMMISSIONERS OF CURRENCY SINGAPORE GROUP MEMBERS: GOVERNMENT OF SINGAPORE GROUP MEMBERS: GOVERNMENT OF SINGAPORE INVESTMENT CORP PTE LTD ET AL GROUP MEMBERS: MONETARY AUTHORITY OF SINGAPORE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: POLICY MANAGEMENT SYSTEMS CORP CENTRAL INDEX KEY: 0000356226 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411] IRS NUMBER: 570723125 STATE OF INCORPORATION: SC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-35824 FILM NUMBER: 97677778 BUSINESS ADDRESS: STREET 1: ONE PMS CTR STREET 2: PO BOX TEN CITY: COLUMBIA STATE: SC ZIP: 29202 BUSINESS PHONE: 8037354000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GOVERNMENT OF SINGAPORE INVESTMENT CORP PTE LTD ET AL CENTRAL INDEX KEY: 0000936828 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 000000000 STATE OF INCORPORATION: U0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 250 NORTH BRIDGE ROAD STREET 2: 33 00 RAFFLES CITY TOWER 0617 CITY: SINGAPORE STATE: U0 MAIL ADDRESS: STREET 1: 333 BUSH STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94104 SC 13D 1 SC 13D Page 1 of 10 ---------------------------- OMB APPROVAL ---------------------------- OMB Number: 3233-0145 Expires: December 31, 1997 Estimated average burden hours per response . . 14.90 ---------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 3 )* --------- POLICY MANAGEMENT SYSTEMS CORPORATION -------------------------------------------------------- (Name of Issuer) COMMON STOCK -------------------------------------------------------- (Title of Class of Securities) 731108106 -------------------------------------------------------- (CUSIP Number) Government of Singapore Investment Corporation Pte Ltd 250 North Bridge Road #38-00, Raffles City Tower Singapore 179101 Attn: Ms Seah Wan Hoon (Tel: 3308661) -------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) 5 Aug 97 -------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box / /. Check the following box if a fee is being paid with the statement / /. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) NOTE: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *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). SCHEDULE 13D CUSIP No. 731108106 Page 2 of 10 Pages --------- --- ---- - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Government of Singapore Investment Corporation Pte Ltd - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / / - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Singapore - ------------------------------------------------------------------------------- 7 SOLE VOTING POWER Nil NUMBER OF -------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,148,520 EACH -------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH Nil -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 1,148,520 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,148,520 - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.31% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON 00 - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D CUSIP No. 731108106 Page 3 of 10 Pages --------- --- ---- - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Government of Singapore - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / / - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Singapore - ------------------------------------------------------------------------------- 7 SOLE VOTING POWER Nil NUMBER OF -------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 939,820 EACH -------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH Nil -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 939,820 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 939,820 - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.17% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON 00 - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D CUSIP No. 731108106 Page 4 of 10 Pages --------- --- ---- - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Monetary Authority of Singapore - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / / - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Singapore - ------------------------------------------------------------------------------- 7 SOLE VOTING POWER Nil NUMBER OF -------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 196,900 EACH -------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH Nil -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 196,900 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 196,900 - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.08% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON 00 - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D CUSIP No. 731108106 Page 5 of 10 Pages --------- --- ---- - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Board of Commissioners of Currency, Singapore - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* 00 - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) / / - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Singapore - ------------------------------------------------------------------------------- 7 SOLE VOTING POWER Nil NUMBER OF -------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 11,800 EACH -------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH Nil -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 11,800 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,800 - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.06% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON 00 - ------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. Page 6 of 10 ITEM 1. SECURITY AND ISSUER Security : Policy Management Systems Common Stock Corporation Address : One PMS Center P.O. Box 10 Columbia, SC 29202 ITEM 2. IDENTITY AND BACKGROUND (a) Government of Singapore Investment Corporation Pte Ltd a government agency (b) 250 North Bridge Road #38-00 Raffles City Tower Singapore 179101 (c) Investment Manager (d) N.A. (e) N.A. (f) N.A. II (a) Government of Singapore (b) c/o Government of Singapore Investment Corporation Pte Ltd 250 North Bridge Road #38-00 Raffles City Tower Singapore 179101 (c) Government (d) N.A. (e) N.A. (f) N.A. III (a) Monetary Authority of Singapore (b) c/o Government of Singapore Investment Corporation Pte Ltd 250 North Bridge Road #38-00 Raffles City Tower Singapore 179101 (c) Central Bank (d) N.A. (e) N.A. (f) N.A. Page 7 of 10 IV (a) Board of Commissioners of Currency, Singapore (b) c/o Government of Singapore Investment Corporation Pte Ltd 250 North Bridge Road #38-00 Raffles City Tower Singapore 179101 (c) Currency Board (d) N.A. (e) N.A. (f) N.A. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Source of Funds : Foreign Reserves Amount : USD47,145,815.67 ITEM 4. PURPOSE OF TRANSACTION Purpose of Acquisition : Investment None of the reporting persons (nor any of its executive officers or directors, controlling persons or any executive officer or director of any such controlling person) has any plans or proposals relating to paragraphs (a) through (j) of Item 4 of Schedule 13D. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) and (b) The aggregate number of shares and percentage of Common Stock of the Issuer beneficially owned by each Reporting Person named in Item 2, as well as the number of shares of Common Stock as to which such person is deemed to have 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, or shared power to dispose or direct the disposition, is set forth in the following table. No of Shares Power to Vote Power to Dispose Beneficially Person Owned Sole(1) Shared(1) Sole(1) Shared(1) - ------ ------------ ------- --------- ------- --------- Government of Singapore 1,148,520 0 1,148,520 0 1,148,520 Investment Corporation Pte Ltd Government of Singapore 939,820 0 939,820 0 939,820 Monetary Authority of 196,900 0 196,900 0 196,900 Singapore Board of Commissioners 11,800 0 11,800 0 11,800 of Currency, Singapore Total(2) (all Reporting Persons) 1,148,520 0 1,148,520 0 1,148,520 - ------------------------- (1) The Government of Singapore Investment Corporation Pte Ltd shares power to vote and power to dispose of the 939,820 shares of Common Stock beneficially owned by it with the Government of Singapore, shares power to vote and power to dispose of the 196,900 shares of Common Stock beneficially owned by it with the Monetary Authority of Singapore and shares power to vote and power to dispose of the 11,800 shares of Common Stock beneficially owned by it with the Board of Commissioners of Currency, Singapore. (2) The reporting persons disclaim membership in a group. Page 8 of 10 (c) The following transactions were effected during the past 60 days: TRADE DATE QUANTITY UNIT PRICE GOVERNMENT OF SINGAPORE INVESTMENT CORPORATION PTE LTD Nil GOVERNMENT OF SINGAPORE 10.06.97 SOLD 29,300 52.1708 12.06.97 SOLD 8,000 52.6800 23.07.97 SOLD 27,300 50.2502 31.07.97 SOLD 25,700 54.5094 01.08.97 SOLD 24,000 54.0121 01.08.97 SOLD 4,200 54.0938 04.08.97 SOLD 6,000 54.0350 04.08.97 SOLD 1,300 54.0625 05.08.97 SOLD 98,000 54.3426 06.08.97 SOLD 73,000 55.3054 MONETARY AUTHORITY OF SINGAPORE 10.06.97 SOLD 7,300 52.1708 12.06.97 SOLD 2,000 52.6800 23.07.97 SOLD 5,400 50.2502 31.07.97 SOLD 5,000 54.5094 01.08.97 SOLD 3,900 54.0121 04.08.97 SOLD 3,000 54.0350 05.08.97 SOLD 16,000 54.3426 06.08.97 SOLD 12,000 55.3054 BOARD OF COMMISSIONERS OF CURRENCY, SINGAPORE 14.07.97 SOLD 9,000 48.8750 04.08.97 SOLD 1,700 54.0350 05.08.97 SOLD 4,000 54.3426 06.08.97 SOLD 3,000 55.3054 (d) N.A. (e) N.A. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER N.A. Page 9 of 10 ITEM 7. MATERIAL TO BE FILED AS EXHIBITS 1. Power of Attorney of Government of Singapore dated 1 Sep 93. 2. Power of Attorney of Monetary Authority of Singapore dated 14 Aug 93. 3. Power of Attorney of Board of Commissioners of Currency, Singapore dated 16 Aug 94. 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. August 15, 1997 - --------------- Government of Singapore Investment Date Corporation Pte Ltd by /s/ Seah Wan Hoon ------------------------------------------- Senior Officer Government of Singapore by Government of Singapore Investment Corporation Pte Ltd, its attorney-in-fact by /s/ Seah Wan Hoon ------------------------------------------- Senior Officer Monetary Authority of Singapore by Government of Singapore Investment Corporation Pte Ltd, its attorney-in-fact by /s/ Seah Wan Hoon ------------------------------------------- Senior Officer Board of Commissioners of Currency, Singapore by Government of Singapore Investment Corporation Pte Ltd, its attorney-in-fact by /s/ Seah Wan Hoon ------------------------------------------- Senior Officer Page 10 of 10 EXHIBIT INDEX Exhibit No Name of Exhibit Page No - ---------- ---------------- ------- 1 Power of Attorney executed by Government of - Singapore dated 1 Sep 93 (*) 2 Power of Attorney executed by Monetary - Authority of Singapore dated 14 Aug 93 (*) 3 Power of Attorney executed by Board of - Commissioners of Currency, Singapore dated 16 Aug 94 (+) * Incorporated by reference to Reporting Persons' filing with the Securities and Exchange Commission on Schedule 13D with respect to the issue on 15 Oct 93. + Incorporated by reference to Reporting Persons' filing with the Securities and Exchange Commission on Schedule 13D with respect to the issue on 5 Oct 94. -----END PRIVACY-ENHANCED MESSAGE-----