We own strategic stakes in the Electronics Manufacturing Services (EMS) sector and, in 2018, cemented our position as a Fintech company moving into the digital economy.
In the Electronics Manufacturing Services (EMS) sector, we own a 65.82% stake in Catalist-listed Jubilee Industries Holdings. Jubilee Industries Holdings is a one-stop solutions provider in the Electronics Manufacturing Services (EMS) space who was established in 1992 and listed since 10 July 2009. Its main business focus is in the distribution of electronics component, plastic injection moulding, mould design and fabrication services. Jubilee Industries also holds a stake in Bursa-listed EG Industries Berhad – a company that is also engaged in the EMS space.
In the Fintech segment, we are engaged in the mobile payment services,artificial intelligence solutions, and facial recognition verification services under the branding of Accrelist A.I. Tech Pte. Ltd., which makes use of Wechat Pay’s platforms to introduce mobile payment services to Singapore. In addition, Accrelist has also identified medical aesthetics as a growth area to tap into by raising funds through Accrelist Crowdfunding Pte. Ltd.,Operating under the chain of Accrelist Medical Aesthetics Pte. Ltd., it started off with four clinics with a view for up to 12 clinics by 2020.