Semico Capital signs IPO underwriting deal with Affin Hwang for Ace Market listing

From left: Semico Capital Bhd independent non-executive chairman Datuk Seri Ramli Mohamed Yoosuf, Semico Capital executive director / chief executive officer Tai Lee Chuen, Affin Hwang Investment Bank Bhd chief executive officer Hanif Ghulam Mohammed and Affin Hwang chairman Hasli Hashim.

KUALA LUMPUR: Semico Capital Bhd has entered into an underwriting agreement with Affin Hwang Investment Bank Bhd in conjunction with its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd (Bursa Securities).

Semico Capital, through its subsidiaries, is primarily involved in providing family entertainment products and services, including supplying arcade and amusement machines, operating a family entertainment centre at The Mines in Selangor, and wholesaling and distributing toys and collectibles.