From left: Ang Sew Fong, Executive Director and Head of Human Resources and Administration of Semico Capital; Tai Lee Chuen, Executive Director and Chief Executive Officer, Datuk Sri Ramli Mohamed Yoosuf, Independent Non-Executive Chairman; Hasli Hashim, Chairman of Affin Hwang Investment Bank; Hanif Ghulam Mohammed, Chief Executive Officer; and Johan Hashim, Managing Director of Capital Markets
KUALA LUMPUR: Wholesaler and distributor of toys and collectables, Semico Capital Bhd plans to raise RM23.2 million from its initial public offering (IPO) en route to its listing on the ACE Market of Bursa Malaysia on Jan 13, 2026.
The IPO exercise entails a public issue of 92.7 million new ordinary shares, representing 25.7 per cent of the enlarged issued share capital, as well as an offer for sale of 18 million existing shares, representing 5.0 per cent of the enlarged issued share capital.
Upon listing, Semico Capital will have a market capitalisation of RM90 million, based on its enlarged issued share capital of 360 million shares and IPO price of 25 sen per share.
Executive director and chief executive officer Tai Lee Chuen said the company remained steadfast on its focus and belief in creating moments of joy for families and communities.
"We will use the IPO proceeds to grow our arcade and amusement machine business by purchasing new machines and replacing older units to offer refreshed experiences.
"We also aim to broaden our portfolio by bringing in more toys and collectable brands for our customers,” he said in a statement in conjunction with Semico’s prospectus launch today.
Semico is a distributor of more than 60 toys and collectables brands in Malaysia.
In the toys and collectables segment, the group distributes key brands such as Pop Mart, Funism, Jotoys and ToyCity.
Its portfolio encompasses a total of 68 brands and is available at its customers’ 303 retail outlets across Malaysia, covering specialised convenience stores, hobbyist stores, toy stores, cinemas and family entertainment centres.
Affin Hwang Investment Bank Bhd is the principal adviser, sponsor, sole placement agent and sole underwriter for this IPO exercise. - Bernama
