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.