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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
The Macerich Company
(Name of Issuer)

Common Stock
(Title of Class of Securities)

554382101
(CUSIP Number)

December 31, 2020
(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)
     
   ☒
Rule 13d-1(c)
     
   ☐
Rule 13d-1(d)

* 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 (“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).

CUSIP No. 554382101

1.
NAMES OF REPORTING PERSONS
GIC Private Limited
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a)   ☐
(b)   ☐
3.
SEC USE ONLY
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
Singapore
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5.
SOLE VOTING POWER
5,000,000
6.
SHARED VOTING POWER
180
7.
SOLE DISPOSITIVE POWER
5,000,000
8.
SHARED DISPOSITIVE POWER
180
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,000,180
10.
CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 ☐
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.3%‡
12.
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO

‡ Percentage is based on 149,472,431 shares of common stock outstanding as of November 5, 2020 as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 6, 2020.


Item 1(a).
  
Name of Issuer:
     
   
The Macerich Company
     
Item 1(b).
  
Address of Issuer’s Principal Executive Offices:
     
   
401 Wilshire Boulevard, Suite 700
Santa Monica, California 90401
     
Item 2(a).
  
Name of Person Filing:
     
   
GIC Private Limited
     
Item 2(b).
  
Address of Principal Business Office or, if none, Residence:
     
   
168 Robinson Road
#37-01 Capital Tower
Singapore 068912
     
Item 2(c).
  
Citizenship:
     
   
Singapore
     
Item 2(d).
  
Title of Class of Securities:
     
   
Common Stock
     
Item 2(e).
  
CUSIP Number:
     
   
554382101
     
Item 3.
  
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
     
   
(a)
[  ]
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
   
(b)
[  ]
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
   
(c)
[  ]
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
   
(d)
[  ]
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);
   
(e)
[  ]
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
   
(f)
[  ]
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
   
(g)
[  ]
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
   
(h)
[  ]
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
   
(i)
[  ]
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
   
(j)
[  ]
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);
   
(k)
[  ]
Group, in accordance with § 240.13d-1(b)(1)(ii)(K).
     
   
If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:  ________________
     



Item 4.
  
Ownership.
     
The aggregate number of securities and percentages of the class of securities of the Issuer beneficially owned by the 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 and shared power to dispose or direct the disposition, is set forth in the following table:
     

   
Number of Shares
  
   
No. of Shares
Beneficially Owned
    
Power to Vote
    
Power to Dispose
        
Reporting Person
  
Sole
    
Shared
    
Sole
    
Shared
    
Percent of Class
  
GIC Private Limited
    
5,000,180
      
5,000,000
1 
    
180
1,2 
    
5,000,000
1 
    
180
1,2 
    
3.3
%

1 GIC Private Limited (“GIC”) is a fund manager and only has two clients: the Government of Singapore (“GoS”) and the Monetary Authority of Singapore (“MAS”). Under the investment management agreement with GoS, GIC has been given the sole discretion to exercise the voting rights attached to, and the disposition of, any shares managed on behalf of GoS. As such, GIC has the sole power to vote and the sole power to dispose of 5,000,000 shares beneficially owned by it.
2 180 shares are held directly by US Shops LLC (“US Shops”). GIC Real Estate, Inc. (“GIC RE Inc.”), the investment manager for US Shops, has the power to vote and dispose of such shares.  GIC RE Inc. shares such powers with GIC Real Estate Private Limited and GIC.

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 5 percent of the class of securities, check the following [X].
     
Item 6.
  
Ownership of More than Five Percent on Behalf of Another Person.
     
   
Not applicable.
     
Item 7.
  
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
     
   
Not applicable.
     
Item 8.
  
Identification and Classification of Members of the Group.
     
   
Not applicable.
     
Item 9.
  
Notice of Dissolution of Group.
     
   
Not applicable.
     
Item 10.
  
Certifications.
     
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, other than activities solely in connection with a nomination under § 240.14a-11.
     



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.
Dated February 11, 2021
 
GIC PRIVATE LIMITED
  
       
       
 
By:
/s/ Celine Loh Sze Ling
  
   
Name: Celine Loh Sze Ling
Title: Senior Vice President
  
       
       
 
By: 
/s/ Toh Tze Meng
  
   
Name: Toh Tze Meng
Title: Senior Vice President