About Us

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 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.