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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. 4 )*
---------
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)
19 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 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).
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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 No. of Above Person
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
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
Beneficially Owned Nil
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
159,060
--------------------------------------------------
(9) Sole Dispositive Power
Nil
--------------------------------------------------
(10) Shared Dispositive Power
159,060
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
159,060
- -------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares* / /
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
0.67%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
00
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSE 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
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
Beneficially Owned Nil
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
153,260
--------------------------------------------------
(9) Sole Dispositive Power
Nil
--------------------------------------------------
(10) Shared Dispositive Power
153,260
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
153,260
- -------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares* / /
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
0.65%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
00
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSE 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
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
Beneficially Owned Nil
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
5,800
--------------------------------------------------
(9) Sole Dispositive Power
Nil
--------------------------------------------------
(10) Shared Dispositive Power
5,800
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
5,800
- -------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares* / /
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
0.02%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
00
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSE TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
CUSIP No. 055472104 SCHEDULE 13D Page 5 of 10 Pages
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- -------------------------------------------------------------------------------
(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
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting Power
Beneficially Owned Nil
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting Power
0
--------------------------------------------------
(9) Sole Dispositive Power
Nil
--------------------------------------------------
(10) Shared Dispositive Power
0
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
0
- -------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares* / /
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
0%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
00
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSE TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
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Page 6 of 10
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ITEM 1. SECURITY AND ISSUER
Security : The Bisys Group Inc
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
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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 : USD3,103,508.65
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 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 159,060 0 159,060 0 159,060
Investment Corporation Pte Ltd
Government of Singapore 153,260 0 153,260 0 153,260
Monetary Authority of Singapore 5,800 0 5,800 0 5,800
Board of Commissioners of 0 0 0 0 0
Currency, Singapore
Total(2)
(all Reporting Persons) 159,060 0 159,060 0 159,060
</TABLE>
- -----------------------------
(1) The Government of Singapore Investment Corporation Pte Ltd shares power to
vote and power to dispose of the 153,260 shares of Common Stock beneficially
owned by it with the Government of Singapore, shares power to vote and power to
dispose of the 5,800 shares of Common Stock beneficially owned by it with the
Monetary Authority of Singapore and shares of power to vote and power to dispose
of the 0 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
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(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
- -----------------------
09.07.96 BOT 60,000 36.500
10.07.96 BOT 18,000 36.625
12.07.96 SOLD 2,300 35.6393
15.07.96 SOLD 2,200 35.240
15.07.96 SOLD 1,900 35.160
16.07.96 SOLD 3,600 33.4219
17.07.97 SOLD 2,100 34.625
17.07.97 SOLD 1,400 34.500
30.07.96 BOT 8,500 30.500
19.08.96 SOLD 160,000 38.250
22.08.96 SOLD 356,000 37.750
23.08.96 SOLD 383,700 37.880
26.08.96 SOLD 20,000 38.000
Monetary Authority of Singapore
- -------------------------------
30.07.96 BOT 5,800 30.500
19.08.96 SOLD 39,000 38.250
22.08.96 SOLD 86,000 37.750
23.08.96 SOLD 94,300 37.880
26.08.96 SOLD 5,000 38.000
Board of Commissioners of Currency, Singapore
- ---------------------------------------------
19.08.96 SOLD 1,000 38.250
22.08.96 SOLD 8,000 37.750
(d) N.A.
(e) 19 Aug 96
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
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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.
30 August, 1996 Government of Singapore Investment
Date Corporation Pte Ltd
by /s/illegible
--------------------------------------
Senior Officer
Government of Singapore
by Government of Singapore Investment
Corporation Pte Ltd, its attorney-in-fact
by /s/illegible
--------------------------------------
Senior Officer
Monetary Authority of Singapore
by Government of Singapore Investment
Corporation Pte Ltd, its attorney-in-fact
by /s/illegible
--------------------------------------
Senior Officer
Board of Commissioners of Currency, Singapore
by Government of Singapore Investment
Corporation Pte Ltd, its attorney-in-fact
by /s/illegible
--------------------------------------
Senior Officer
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Page 10 of 10
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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 datd
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.
