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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G / A
(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)(1)
SPDR TRUST SERIES 1
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(Name of Issuer)
STANDARD & POOR'S DEPOSITORY RECEIPTS
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(Title of Class of Securities)
78462F103
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(CUSIP Number)
31 DECEMBER 1998
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(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)
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(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).
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Schedule 13G Forms
CUSIP No. 78462F103 13G Page 2 of 9 Pages
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1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
GOVERNMENT OF SINGAPORE INVESTMENT CORPORATION PTE LTD (NONE)
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
SINGAPORE
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5. SOLE VOTING POWER
NUMBER OF
SHARES NIL
BENEFICIALLY -----------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH
REPORTING 3,151,700
PERSON -----------------------------------------------------------------
WITH 7. SOLE DISPOSITIVE POWER
NIL
-----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
3,151,700
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,151,700
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* / /
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.0%
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12. TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 3
Schedule 13G Forms
CUSIP No. 78462F103 13G Page 3 of 9 Pages
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1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
GOVERNMENT OF SINGAPORE
(NONE)
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
SINGAPORE
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5. SOLE VOTING POWER NIL
NUMBER OF
SHARES -----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER 2,484,020
OWNED BY
EACH -----------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER NIL
PERSON
WITH -----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER 2,484,020
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,484,020
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* / /
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.1%
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12. TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 4
Schedule 13G Forms
CUSIP No. 78462F103 13G Page 4 of 9 Pages
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1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
MONETARY AUTHORITY OF SINGAPORE
(NONE)
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
SINGAPORE
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5. SOLE VOTING POWER NIL
NUMBER OF
SHARES -----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER 398,680
OWNED BY
EACH -----------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER NIL
PERSON
WITH -----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER 398,680
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
398,680
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* / /
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.5%
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12. TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Schedule 13G Forms
CUSIP No. 78462F103 13G Page 5 of 9 Pages
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1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
BOARD OF COMMISSIONERS OF CURRENCY, SINGAPORE
(NONE)
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
SINGAPORE
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5. SOLE VOTING POWER NIL
NUMBER OF
SHARES ----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER 269,000
OWNED BY
EACH ----------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER NIL
PERSON
WITH -----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER 269,000
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
269,000
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* / /
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.4%
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12. TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 6
Page 6 of 9
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 Person 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
(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]
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Page 7 of 9
Item 4. Ownership
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,
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 3,151,700 0 3,151,700 0 3,151,700
Government of Singapore 2,484,020 0 2,484,020 0 2,484,020
Monetary Authority of Singapore 398,680 0 398,680 0 398,680
Board of Commissioners of Currency
Singapore 269,000 0 269,000 0 269,000
Total(2) (all Reporting Persons) 3,151,700 0 3,151,700 0 3,151,700
</TABLE>
(1) The Government of Singapore Investment Corporation Pte Ltd shares power to
vote and power to dispose of the 2,484,020 securities beneficially owned by
it with the Government of Singapore, shares power to vote and power to
dispose of the 398,680 securities beneficially owned by it with the
Monetary Authority of Singapore, and shares power to vote and power to
dispose of the 269,000 securities beneficially owned by it with the Board
of Commissioners of Currency, Singapore.
(2) The reporting persons disclaim membership in a group.
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following [x]
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.
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Page 8 of 9
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.*
*Incorporated by reference to Schedule 13G, dated 23 March 1998.
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Page 9 of 9
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.
21 JAN 1999 Government of Singapore Investment
- ----------- Corporation Pte Ltd.
Date
by /s/ Seah Wan Hoon
--------------------------------
Seah Wan Hoon
Senior Accountant
Government of Singapore
by Government of Singapore
Investment Corporation Pte Ltd, its
attorney-in-fact
by /s/ Seah Wan Hoon
--------------------------------
Seah Wan Hoon
Senior Accountant
Monetary Authority of Singapore
by Government of Singapore
Investment Corporation Pte Ltd, its
attorney-in-fact
by /s/ Seah Wan Hoon
--------------------------------
Seah Wan Hoon
Senior Accountant
Board of Commissioners of Currency,
Singapore
by Government of Singapore
Investment Corporation Pte Ltd, its
attorney-in-fact
by /s/ Seah Wan Hoon
--------------------------------
Seah Wan Hoon
Senior Accountant
