The Research Team

Kevin SCULLY – Executive Chairman and founder
As our Managing Director, Kevin has overall responsibility for the direction and strategy of our Group. He has 18 years experience in fundamental research and the scars to show for it! An economist by training, Kevin has an honours degree in economics and spent the first two years of his working life in the regional and economics division of the Ministry of Foreign Affairs. He then started life as an equity analyst in the early 1980s in Lyall & Evatt for two years before moving on to Schroder Securities for 12 years - where he progressed from being an analyst to Head of Research for Singapore/Malaysia in 1989, and as Managing Director for Singapore from 1995. He was also Head of Research at Kay Hian and HSBC Securities before starting this venture. Kevin's focus in equity research is the consumer sector comprising healthcare, food & beverage, autos, media and mid-small caps. He also looks at the economy and determines the market strategy for Singapore.

KOH Bee Ann - Head of Research, Co-Head of Compliance and Risk Management, Director of NRA Capital Pte Ltd
Bee Ann started her working life writing for The Straits Times' Money Desk from 1988 to 1991. She spent some time as the Singapore correspondent for the International Financing Review (IFR) before joining GK Goh Research in 1992 as an investment analyst. Her last position in GK Goh was Vice President and Deputy Head of Research before she left in August 2000 to join NetResearch Asia. In her many years analyzing the Singapore stock market, Bee Ann has covered a whole gamut of stocks from big caps to small caps and in sectors ranging from industrial and engineering, to retail, publishing and the old economy conglomerates.

Lynn LOOK - Associate Director [Banks, Small Caps]
Lynn has a CFA and a BBA from the National University of Singapore. She started working life as a corporate finance officer in Schroders between 1987-89 before joining Paul Morgan (now SBC Warburg) as an analyst from 1989 to 1993. She subsequently worked as a senior analyst at HG Asia (1993-94), Crosby (1994-95) and most recently at ABN Amro Securities (1995-99). She left the broking industry in 1999 to start a family but returned to join NetResearch Asia in 2000. She has a total of more than twelve years equity research experience.

Angelia PHUA - Associate Director [Property]
Angelia has a BAcc from Nanyang Technological University and a Master of Finance degree from Royal Melbourne Institute of Technology. She has about six years experience in investment research/advisory, primarily in the property sector, at stockbroking and property consultancy firms including OUB Securities, RHB-Cathay Securities and Colliers Jardine. She also has three years of experience in wealth management. She left the banking and finance industry for about two-and-half years to start a family and returned to the financial market as an investment analyst in 2006. She joined NRA Capital Pte Ltd in March 2007.

Jacky LEE - Associate Director [Technology, Small cap]
Jacky Lee has more than 10 years of investment research experience. He started his financial working life with GK Goh Research (now CIMB-GK) in 1995 as a research assistant, maintaining the research department’s statistical database, to support all company, economics and industry reports produced by analysts. He started covering stocks thereafter, mainly the small-cap IT services, technology and industrial companies. His last held position in CIMB-GK was Associate Vice President before he joined NRA Capital in August 2008.