Accrelist's fintech businesses risky but can be rewarding: NRA

SINGAPORE (June 1): NRA Capital is rating Accrelist at “overweight” with a fair value of 1.2 cents but has classified the stock pick as “high risk” as the new businesses are still in the infancy stage.

Formerly known as WE Holdings, Accrelist has been slowly morphing into a fintech play since February 2015 when it sold subsidiary WE Components to then associated company Jubilee Industries Holdings, which delivers electronics components and does precision plastic injection moulding.