<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 13d-2
(Amendment No. ________________)(1)
SPDR TRUST SERIES 1
-------------------------------------------------------
(Name of Issuer)
STANDARD & POOR'S DEPOSITARY RECEIPTS
------------------------------------------------------------
(Title of Class of Securities)
78462F103
-------------------------------------------------------
(CUSIP Number)
10 Sep 1997
----------------------------------------
(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)
- ----------------------
(1) 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 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>
Schedule 13G Forms
- -------------------------------------------------------------------------------
- --------------------- ------------------
CUSIP No. 78462F103 13G Page 2 of 13 Pages
--------- - --
-------------------- ------------------
- -------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON IRS
IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
GOVERNMENT OF SINGAPORE INVESTMENT CORPORATION PTE LTD
NONE
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)/ /
(b)/X/
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
SINGAPORE
- -------------------------------------------------------------------------------
Number of Shares 5. SOLE VOTING POWER NIL
Beneficially
Owned By Each
Reporting Person
With
------------------------------------------------
6. SHARED VOTING POWER 3,560,700
------------------------------------------------
7. SOLE DISPOSTIVE POWER NIL
-----------------------------------------------
8. SHARED DISPOSITIVE 3,560,700
POWER
-----------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,560,700
- -------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- -------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.3%
- -------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
00
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Schedule 13G Forms
- -------------------------------------------------------------------------------
- -------------------- ------------------
CUSIP No. 78462F103 13G Page 3 of 13 Pages
--------- - --
- -------------------- ------------------
- -------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
IRS IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
GOVERNMENT OF SINGAPORE
NONE
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)/ /
(b)/X/
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
SINGAPORE
- -------------------------------------------------------------------------------
Number of Shares 5. SOLE VOTING POWER NIL
Beneficially
Owned By Each
Reporting Person
With
------------------------------------------------------------
6. SHARED VOTING POWER 2,638,700
------------------------------------------------------------
7. SOLE DISPOSTIVE POWER NIL
------------------------------------------------------------
8. SHARED DISPOSITIVE 2,638,700
POWER
------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,638,700
- -------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- -------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.2%
- -------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
00
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Schedule 13G Forms
- -------------------------------------------------------------------------------
- -------------------- ------------------
CUSIP No. 78462F103 13G Page 4 of 13 Pages
--------- - --
- -------------------- ------------------
- -------------------------------------------------------------------------------
1.
NAME OF REPORTING PERSONS
IRS IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
MONETARY AUTHORITY OF SINGAPORE
NONE
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)/ /
(b)/X/
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
SINGAPORE
- -------------------------------------------------------------------------------
Number of Shares 5. SOLE VOTING POWER NIL
Beneficially
Owned By Each
Reporting Person
With
------------------------------------------------------------
6. SHARED VOTING POWER 519,500
------------------------------------------------------------
7. SOLE DISPOSTIVE POWER NIL
------------------------------------------------------------
8. SHARED DISPOSITIVE 519,500
POWER
------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
519,500
- -------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- -------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.2%
- -------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
00
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Schedule 13G Forms
- -------------------------------------------------------------------------------
- -------------------- ------------------
CUSIP No. 78462F103 13G Page 5 of 13 Pages
--------- - --
- -------------------- ------------------
- -------------------------------------------------------------------------------
1.
NAME OF REPORTING PERSONS
IRS IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
BOARD OF COMMISSIONERS OF CURRENCY, SINGAPORE
NONE
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)/ /
(b)/X/
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
SINGAPORE
- -------------------------------------------------------------------------------
Number of Shares 5. SOLE VOTING POWER NIL
Beneficially
Owned By Each
Reporting Person
With
------------------------------------------------------------
6. SHARED VOTING POWER 402,500
------------------------------------------------------------
7. SOLE DISPOSTIVE POWER NIL
------------------------------------------------------------
8. SHARED DISPOSITIVE 402,500
POWER
------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
402,500
- -------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- -------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.9%
- -------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
00
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
PAGE 6 OF 13
ITEM 1(a). NAME OF ISSUER
SPDR Trust Series 1
ITEM 1(b). ADDRESS OF ISSUERS' PRINCIPAL EXECUTIVE OFFICES
PDR Services Corp
c/o The American Stock Exchange
86 Trinity Place
New York, NY 10006-1881
ITEM 2(a). NAME OF PERSONS FILING
I. Government of Singapore Investment Corporation Pte Ltd
II. Government of Singapore
III. Monetary Authority of Singapore
IV. Board of Commissioners of Currency, Singapore
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE
I. 250 North Bridge Road
#38-00 Raffles City Tower
Singapore 179101
II, III and IV. c/o Government of Singapore Investment
Corporation
Pte Ltd
250 North Bridge Road
#38-00 Raffles City Tower
Singapore 179101
ITEM 2(c). CITIZENSHIP
I, II, III and IV. Singapore
ITEM 2(d). TITLE OF CLASS OF SECURITIES
Exchange traded securities that represent an interest in the SPDR Trust
Series 1.
ITEM 2(e). CUSIP NUMBER
78462F103
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b)
OR 2(c), CHECK WHETHER THE PERSON FILING IS A
N.A.
IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(c), CHECK THIS BOX. /X/
ITEM 4. OWNERSHIP
<PAGE>
PAGE 7 OF 13
The aggregate number of securities and percentage of the class of
securities of the Issuer beneficially owned by each Reporting Person named in
Item 2(a), as well as the number of securities 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>
POWER TO VOTE POWER TO DISPOSE
NO OF SECURITIES ------------------- ------------------
PERSON BENEFICIALLY OWNED SOLE(1) SHARED(1) SOLE(1) SHARED(1)
------ ------------------ ------- --------- ------- ---------
<S> <C> <C> <C> <C> <C>
Government of Singapore Investment
Corporation Pte Ltd 3,560,700 0 3,560,700 0 3,560,700
Government of Singapore 2,638,700 0 2,638,700 0 2,638,700
Monetary Authority of Singapore 519,500 0 519,500 0 519,500
Board of Commissioners of
Currency, Singapore 402,500 0 402,500 0 402,500
Total(2) (all Reporting
Persons) 3,560,700 0 3,560,700 0 3,560,700
</TABLE>
- -----------------------
(1) The Government of Singapore Investment Corporation Pte Ltd shares
power to vote and power to dispose of the 2,638,700 securities beneficially
owned by it with the Government of Singapore, shares power to vote and power
to dispose of the 519,500 securities beneficially owned by it with the
Monetary Authority of Singapore, and shares power to vote and power to
dispose of the 402,500 securities beneficially owned by it with the Board of
Commissioners of Currency, Singapore.
(2) The reporting persons disclaim membership in a group.
<PAGE>
PAGE 8 OF 13
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
N.A.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
N.A.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
N.A.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
N.A.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
N.A.
ITEM 10. CERTIFICATION
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.
MATERIAL TO BE FILED AS EXHIBITS
1. Power of Attorney of Government of Singapore dated 5 March, 1998
2. Power of Attorney of Monetary Authority of Singapore dated 6 March, 1998
3. Power of Attorney of Board of Commissioners of Currency, Singapore,
dated 5 March, 1998
<PAGE>
PAGE 9 OF 13
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.
March 23, 1998 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>
PAGE 10 OF 13
EXHIBIT INDEX
<TABLE>
<CAPTION>
EXHIBIT NO. NAME OF EXHIBIT PAGE NO.
- ----------- --------------- --------
<C> <S> <C>
1 Power of Attorney by Government of Singapore dated 5
March 1998 11
2 Power of Attorney executed by Monetary Authority of
Singapore dated 6 March 1998 12
3 Power of Attorney executed by Board of Commissioners
of Currency, Singapore dated 5 March 1998 13
</TABLE>
<PAGE>
PAGE 11 OF 13
MINISTER FOR FINANCE, SINGAPORE
5 MAR 98
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned whose
signature appears below does hereby constitute and appoint the Government of
Singapore Investment Corporation Pte Ltd with full power of substitution, the
undersigned's true and lawful attorney-in-fact and agent for the undersigned
in the undersigned's name, place and stead, in any and all capacities, to
sign any Schedule 13G and any and all amendments thereto pursuant to Rules
13d-1 and 13d-2 of the Securities Exchange Act of 1934 (the "Exchange Act")
and to file the same with all exhibits thereto, and other documents in
connection therewith, with the Securities and Exchange Commission, and to
deliver copies thereof as required by law, in connection with the acquisition
or disposition of any equity securities of an issuer having a class of equity
securities registered under Sections 12(b) or 12(g) of the Exchange Act, and
the undersigned granting unto said attorney-in-fact and agent, full power and
authority to do and perform each and every act and thing requisite and
necessary to be done in and about the premises in order to effectuate the
same as fully, to all intents and purposes, as the undersigned might or could
do in person, hereby ratifying and confirming all that said attorney-in-fact
and agent, may lawfully do or cause to be done by virtue thereof.
/s/ Hu Tsu Tan
Minister for Finance
for and on behalf of
the Government of the Republic of Singapore
<PAGE>
PAGE 12 OF 13
THE MONETARY AUTHORITY OF SINGAPORE
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned whose
signatures appear below do hereby constitute and appoint the Government of
Singapore Investment Corporation Pte Ltd with full power of substitution, the
undersigned's true and lawful attorney-in-fact and agent for the undersigned
in the undersigned's name, place and stead, in any and all capacities, to
sign any Schedule 13G and any and all amendments thereto pursuant to Rule
13d-15 of the Securities Exchange Act of 1934 (the "Exchange Act") and to
file the same with all exhibits thereto, and other documents in connection
therewith, with the Securities and Exchange Commission, and to deliver copies
thereof as required by law, in connection with the acquisition or disposition
of any equity securities of an issuer having a class of equity securities
registered under Sections 12(b) or 12(g) of the Exchange Act, and the
undersigned granting unto said attorney-in-fact and agent, full power and
authority to do and perform each and every act and thing requisite and
necessary to be done in and about the premises in order to effectuate the
same as fully, to all intents and purposes, as the undersigned might or could
do in person, hereby ratifying and confirming all that said attorney-in-fact
and agent may lawfully do or cause to be done by virtue thereof.
/s/ KO CHING ANG /s/ YEO LIAN SIM
- ------------------- ----------------
KO CHING ANG MS YEO LIAN SIM
DIRECTOR DIRECTOR
FINANCE DEPARTMENT INTERNATIONAL DEPARTMENT
Date: 6 March 1998
<PAGE>
PAGE 13 OF 13
BOARD OF COMMISSIONERS
OF CURRENCY, SINGAPORE
79, ROBINSON ROAD #01-01, SINGAPORE 068897
REPUBLIC OF SINGAPORE
TEL: (65) 222 2211, CS-MAILBOX: GVT611
FAX: (65) 225 7671, TELEX: SINWANG RS 24722
INTERNET: [email protected]
http: //vax.com/bccs
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned whose
signature appears below does hereby constitute and appoint the Government of
Singapore Investment Corporation Pte Ltd with full power of substitution, the
undersigned's true and lawful attorney-in-fact and agent for the undersigned
in the undersigned's name, place and stead, in any and all capacities, to
sign any Schedule 13G and any and all amendments thereto pursuant to Rules
13d-1 and 13d-2 of the Securities Exchange Act of 1934 (the "Exchange Act")
and to file the same with all exhibits thereto, and other documents in
connection therewith, with the Securities and Exchange Commission, and to
deliver copies thereof as required by law, in connection with the acquisition
or disposition of any equity securities of an issuer having a class of equity
securities registered under sections 12(b) or 12(g) of the Exchange Act, and
the undersigned granting unto said attorney-in-fact and agent, full power and
authority to do and perform each and every act and thing requisite and
necessary to be done in and about the premises in order to effectuate the
same as fully, to all intents and purposes, as the undersigned might or could
do in person, hereby ratifying and confirming all that said attorney-in-fact
and agent may lawfully do or cause to be done by virtue thereof.
/s/ LAU KIM BOO
LAU KIM BOO
GENERAL MANAGER
BOARD OF COMMISSIONERS OF CURRENCY, SINGAPORE
5 March, 1998
