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Page 1 of 10
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3 )*
---------
THE BISYS GROUP INC
--------------------------------------------------------
(Name of Issuer)
COMMON STOCK
--------------------------------------------------------
(Title of Class of Securities)
055472104
--------------------------------------------------------
(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)
10 May 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).
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CUSIP No. 055472104 SCHEDULE 13D 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*
00
- -------------------------------------------------------------------------------
(5) CHECK 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
NUMBER OF Nil
SHARES --------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 1,233,260
EACH --------------------------------------------------
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON Nil
WITH --------------------------------------------------
(10) SHARED DISPOSITIVE POWER
1,233,260
- -------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,233,260
- -------------------------------------------------------------------------------
(12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- -------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.27%
- -------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
00
- -------------------------------------------------------------------------------
*SEE INSTRUCTION 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>
CUSIP No. 055472104 SCHEDULE 13D Page 3 of 10 Pages
--------- --- ----
- -------------------------------------------------------------------------------
(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*
00
- -------------------------------------------------------------------------------
(5) CHECK 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
NUMBER OF Nil
SHARES --------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 997,860
EACH --------------------------------------------------
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON Nil
WITH --------------------------------------------------
(10) SHARED DISPOSITIVE POWER
997,860
- -------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
997,860
- -------------------------------------------------------------------------------
(12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- -------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.26%
- -------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
00
- -------------------------------------------------------------------------------
*SEE INSTRUCTION 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>
CUSIP No. 055472104 SCHEDULE 13D Page 4 of 10 Pages
--------- --- ---
- -------------------------------------------------------------------------------
(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*
00
- -------------------------------------------------------------------------------
(5) CHECK 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
NUMBER OF Nil
SHARES --------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 224,300
EACH --------------------------------------------------
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON Nil
WITH --------------------------------------------------
(10) SHARED DISPOSITIVE POWER
224,300
- -------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
224,300
- -------------------------------------------------------------------------------
(12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- -------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.96%
- -------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
00
- -------------------------------------------------------------------------------
*SEE INSTRUCTION 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>
CUSIP No. 055472104 SCHEDULE 13D 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*
00
- -------------------------------------------------------------------------------
(5) CHECK 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
NUMBER OF Nil
SHARES --------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 11,100
EACH --------------------------------------------------
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON Nil
WITH --------------------------------------------------
(10) SHARED DISPOSITIVE POWER
11,100
- -------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,100
- -------------------------------------------------------------------------------
(12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- -------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.05%
- -------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON*
00
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
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Page 6 of 10 Pages
ITEM 1. SECURITY AND ISSUER
Security : The Bisys Group Inc Common Stock
Address : 150 Clove Road
Little Falls, NJ 07424
ITEM 2. IDENTITY AND BACKGROUND
I
(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.
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Page 7 of 10 Pages
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 : USD32,002,954.96
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.
<TABLE>
<CAPTION>
No of Shares Power to Vote Power to Dispose
Beneficially
Person Owned Sole (1) Shared (1) Sole (1) Shared (1)
- ------ ------------ -------- ---------- -------- ----------
<S> <C> <C> <C> <C> <C>
Government of Singapore 1,233,260 0 1,233,260 0 1,233,260
Investment Corporation Pte Ltd
Government of Singapore 997,860 0 997,860 0 997,860
Monetary Authority of Singapore 224,300 0 224,300 0 224,300
Board of Commissioners of 11,100 0 11,100 0 11,100
Currency, Singapore
Total (2)
(all Reporting Persons) 1,233,260 0 1,233,260 0 1,233,260
- -------------------------
</TABLE>
(1) The Government of Singapore Investment Corporation Pte Ltd shares power to
vote and power to dispose of the 997,860 shares of Common Stock beneficially
owned by it with the Government of Singapore, shares power to vote and power to
dispose of the 224,300 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 11,100 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.
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Page 8 of 10
(c) The following transaction were effected during the past 60 days:
TRADE DATE QUANTITY UNIT PRICE
GOVERNMENT OF SINGAPORE INVESTMENT CORPORATION PTE LTD
Nil
GOVERNMENT OF SINGAPORE
23.04.96 BOT 40,200 35.493
25.04.96 BOT 3,000 38.000
26.04.96 BOT 12,000 37.875
06.05.96 BOT 58,000 37.821
07.05.96 BOT 91,000 37.420
09.05.96 BOT 31,000 37.000
10.05.96 BOT 57,000 36.848
13.05.96 BOT 12,500 36.750
14.05.96 BOT 4,000 37.000
15.05.96 BOT 9,000 34.575
MONETARY AUTHORITY OF SINGAPORE
23.04.96 BOT 11,100 35.493
25.04.96 BOT 2,000 38.000
26.04.96 BOT 3,000 37.875
06.05.96 BOT 12,000 37.821
07.05.96 BOT 19,000 37.420
09.05.96 BOT 4,000 37.000
10.05.96 BOT 13,000 36.848
13.05.96 BOT 3,700 36.750
14.05.96 BOT 1,000 37.000
15.05.96 BOT 1,000 34.575
BOARD OF COMMISSIONERS OF CURRENCY, SINGAPORE
Nil
(d) N.A.
(e) N.A.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
N.A.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
1. Power of Attorney of Government of Singapore dated 6 Oct 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 31
May 95.
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Page 9 of 10
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.
28 June 1996
- ------------------------- 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
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Page 10 of 10
EXHIBIT INDEX
Exhibit No Name of Exhibit Page No
- ---------- --------------- -------
1 Power of Attorney executed by Government of -
Singapore dated 6 Oct 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
31 May 95 (+)
* Incorporated by reference to Reporting Persons' filing with the
Securities and Exchange Commission on Schedule 13D with respect to the
issue on 25 Oct 93.
+ Incorporated by reference to Reporting Persons' filing with the
Securities and Exchange Commission on Schedule 13D with respect to the
issue on 10 Jul 95.
