About Us

SIAS Research

SIAS Research Pte Ltd was created by the Securities Investors’ Association of Singapore (SIAS) to provide investors with independent and professional insights and analysis on publicly listed companies.

 Incorporated in October 2003, our portfolio of covered stocks started from a large group of under-researched “gems”. These were mainly smaller-cap stocks listed on the SGX. Over the years, our portfolio has grown to include listed companies with larger market capitalization such as Macquarie International Infrastructure Fund (MIIF).

As we grow, we appreciate that market and economic developments also affect the portfolio of our Investors. To further add value to our Investors, our analysts also provide in-depth market commentaries and perspectives. These top down reports offer Investors an understanding on how macro factors may affect various industries and in particular various companies in their industry. All reports can be accessed by members through our website (www.siasresearch.com).

NRA Capital

NRA Capital was founded ifn July 1999 by a team of highly experienced equity analysts and fund managers led by Kevin Scully who believed that there was and will continue to be an important role for independent equity research. The founders also believed that as the stockbroking industry consolidates under rising commission pressure, there would be a need for stockbrokers to outsource some of their equity research functions. NRA Capital prides itself in being the first independent equity research company to be licensed by the Monetary Authority of Singapore to offer independent institutional quality equity research written for the sophisticated investors. The Internet was used as a delivery medium given its timeliness and low costs.

Our website www.nracapital.com was launched in Jan 2000. It offers equity research covering companies listed on the Singapore Exchange Limited. Our subsidiary company in Malaysia, Netresearch-Asia Sdn Bhd was similarly licenced by the Securities Commission in Kuala Lumpur as an Investment Advisor in Malaysia and it launched its own website on 1 July 2001. Our proprietary research is updated daily before the market opens and is available to paying subscribers at our website. A daily email advisory service highlighting the market tone and key events for the day and the rest of week as well as major corporate research ideas or news is sent to registered users via email.

 Our team of equity analysts and fund managers was expanded to include well qualified and experienced Corporate Finance personnel. We are approved by the Monetary Authority of Singapore to offer Corporate Finance and Advisory services. This extension of our Investment Advisor's licence means that we can provide clients with Corporate Finance services including independent financial advisory on mergers and acquisitions, lead managing initial public offerings, management of equity placements and rights issues, and other general advisory services, such as investor relations and corporate restructuring.