-----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, QzYZfxyc2Xwe3Z1l27NqBJAMYUQNiUZxCNRe5VqQov04nzjmoFTOIyX1jcv1ptcx VYV01Ip0P2PGEBWCEMt8QA== 0000912057-96-020066.txt : 19960912 0000912057-96-020066.hdr.sgml : 19960912 ACCESSION NUMBER: 0000912057-96-020066 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960911 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: GOVERNMENT OF SINGAPORE INVESTMENT CORPORATION PTE LTD 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/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-35824 FILM NUMBER: 96628615 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/A 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/A 1 SCHEDULE 13D Page 1 of 10 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2 )* --------- 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) 2 Aug 96 -------------------------------------------------------- (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 this 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) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above Persons Government of Singapore Investment Corporation Pte Ltd - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group* (b) /x/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Source of Funds* OO - ------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) - ------------------------------------------------------------------------------- (6) Citizenship or Place of Organization Singapore - ------------------------------------------------------------------------------- Number of Shares (7) Sole Voting Beneficially Owned Power Nil by Each Reporting -------------------------------------------------- Person With (8) Shared Voting Power 1,541,710 -------------------------------------------------- (9) Sole Dispositive Power Nil -------------------------------------------------- (10) Shared Dispositive Power 1,541,710 - ------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,541,710 - ------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares* - ------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 8.23% - ------------------------------------------------------------------------------- (14) Type of Reporting Person* OO - ------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! SCHEDULE 13D CUSIP No. 731108106 Page 3 of 10 --------- --- --- - ------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above Persons Government of Singapore - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group* (b) /x/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Source of Funds* OO - ------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) - ------------------------------------------------------------------------------- (6) Citizenship or Place of Organization Singapore - ------------------------------------------------------------------------------- Number of Shares (7) Sole Voting Beneficially Owned Power Nil by Each Reporting -------------------------------------------------- Person With (8) Shared Voting Power 1,156,510 -------------------------------------------------- (9) Sole Dispositive Power Nil -------------------------------------------------- (10) Shared Dispositive Power 1,156,510 - ------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,156,510 - ------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares* - ------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 6.17% - ------------------------------------------------------------------------------- (14) Type of Reporting Person* OO - ------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! SCHEDULE 13D CUSIP No. 731108106 Page 4 of 10 --------- --- --- - ------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above Persons Monetary Authority of Singapore - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group* (b) /x/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Source of Funds* OO - ------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) - ------------------------------------------------------------------------------- (6) Citizenship or Place of Organization Singapore - ------------------------------------------------------------------------------- Number of Shares (7) Sole Voting Beneficially Owned Power Nil by Each Reporting -------------------------------------------------- Person With (8) Shared Voting Power 325,900 -------------------------------------------------- (9) Sole Dispositive Power Nil -------------------------------------------------- (10) Shared Dispositive Power 325,900 - ------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 325,900 - ------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares* - ------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 1.74% - ------------------------------------------------------------------------------- (14) Type of Reporting Person* OO - ------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! SCHEDULE 13D CUSIP No. 731108106 Page 5 of 10 Pages --------- --- --- - ------------------------------------------------------------------------------- (1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above Persons Board of Commissioners of Currency, Singapore - ------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member (a) / / of a Group* (b) /x/ - ------------------------------------------------------------------------------- (3) SEC Use Only - ------------------------------------------------------------------------------- (4) Source of Funds* OO - ------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) - ------------------------------------------------------------------------------- (6) Citizenship or Place of Organization Singapore - ------------------------------------------------------------------------------- Number of Shares (7) Sole Voting Beneficially Owned Power Nil by Each Reporting -------------------------------------------------- Person With (8) Shared Voting Power 59,300 -------------------------------------------------- (9) Sole Dispositive Power Nil -------------------------------------------------- (10) Shared Dispositive Power 59,300 - ------------------------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 59,300 - ------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares* - ------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 0.32% - ------------------------------------------------------------------------------- (14) Type of Reporting Person* OO - ------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! Page 6 of 10 Pages ITEM 1. SECURITY AND ISSUER Security Policy Management 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: USD63,198,885.75 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 1,541,710 0 1,541,710 0 1,541,710 Investment Corporation Pte Ltd Government of Singapore 1,156,510 0 1,156,510 0 1,156,510 Monetary Authority of Singapore 325,900 0 325,900 0 325,900 Board of Commissioners of 59,300 0 59,300 0 59,300 Currency, Singapore Total(2) (all Reporting Persons) 1,541,710 0 1,541,710 0 1,541,710
- -------------------------------------- (1) The Government of Singapore Investment Corporation Pte Ltd shares power to vote and power to dispose of the 1,156,510 shares of Common Stock beneficially owned by it with the Government of Singapore, shares power to vote and power to dispose of the 325,900 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 59,300 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 - ----------------------- 20.06.96 BOT 3,100 53.875 24.06.96 BOT 1,100 52.125 03.07.96 BOT 4,000 49.300 05.07.96 BOT 1,000 49.050 08.07.96 BOT 15,000 47.675 08.07.96 BOT 52,000 47.750 09.07.96 BOT 18,000 47.750 10.07.96 BOT 34,000 47.644 11.07.96 BOT 50,000 46.677 12.07.96 BOT 3,500 46.500 16.07.96 BOT 1,000 43.750 22.07.96 BOT 3,500 44.000 30.07.96 BOT 10,200 37.796 02.08/96 BOT 14,800 38.435 05.08/96 BOT 11,600 38.300 06.08/96 BOT 2,500 37.675 Monetary Authority of Singapore - ------------------------------- 02.07.96 BOT 2,900 59.500 08.07.96 BOT 20,000 47.750 09.07.96 BOT 4,000 47.750 10.07.96 BOT 9,000 47.644 11.07.96 BOT 12,000 46.677 12.07.96 BOT 1,500 46.500 22.07.96 BOT 600 44.000 29.07.96 BOT 5,900 41.500 30.07.96 BOT 6,900 37.796 Board of Commissioners of Currency, Singapore - --------------------------------------------- 20.06.96 SOLD 3,100 53.875 24.06.96 SOLD 1,100 52.125 08.07.96 BOT 3,000 47.750 09.07.96 BOT 3,000 47.750 10.07.96 BOT 1,100 47.644 11.07.96 BOT 4,100 46.677 (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 22, 1996 Government of Singapore Investment - --------------- Corporation Pte Ltd Date 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-----