What will the SNCIR Scheme provide participating listed companies?

The SNCIR Scheme is similar to the SGX scheme except that this scheme is now supported by SIAS Research and NRA Capital and administered by SIAS.

 Participating companies will get one year analyst coverage under this scheme by either one or both research houses depending on the participating company’s choice. Participating companies can choose to get coverage from either one or both research houses when they sign up but they will not be able to appoint the specific research house.

 The research house(s) will provide 4 research reports over the one year coverage. All research report produced under the SNCIR Scheme will be posted on the SNCIR Scheme website and also on the website of SIAS, SIAS Research and NRA Capital. These reports will be made available to members of the public for free. The reports will also be posted on Bloomberg.

 Participating listed companies will also have an option to participate in the SNCIR Scheme seminar that will be organized by SIAS. These seminars will be open to the public for free.

Will the report come with recommendation?

Yes. There will be valuation and recommendation.

What is the fee structure of the SNCIR Scheme?

The SNCIR Scheme fee structure will be as follows:

In the event of disputes between the participating companies and the research house, how will the disputes be resolved?

The SNCIR Scheme will be overseen by a Scheme Management Committee (SMC) whose members will comprise of Mr David Gerald from SIAS, Mr Kevin Scully of NRA Capital and an independent person who will be named later. All disputes and complaints will be sent the scheme administrator who will then call on SMC for mediation and resolution. The decision of SMC will be final.

How do companies participate in the SNCIR Scheme?

You will need to contact Ms Raymi Shankar, the manager in-charge of administering the scheme, at (email) or (tel) and we will send you a appointment letter for your signature. You can also contact Ms Shankar if you have any further enquiries.

How would you allocate the research house if I choose to be covered by only one research house?

The allocation will be decided by SMC and we will inform the participating companies of the allocation once it is decided. The SMC’s allocation decision will be final.

 Will the research house highlight the participating companies on media?

Though representatives of the two research houses often appear on the media, the decision to highlight the participating companies will be made by the research houses.