Semico Capital Berhad (Malaysia)

The Company was incorporated on 14 October 2024 as a private limited liability company, incorporated and domiciled in Malaysia
The company is an investment holding company. Through subsidiaries, the company are principally involved in the provision of family entertainment products and services encompassing the supply of arcade and amusement machines and the operation and management of a family entertainment centre; and the wholesale and distribution of toys and collectables.
2007 - Incorporation of Semico on 21 June 2007 by Ang Sew Fong, the Executive Director/ Head of Human Resources and Administration (spouse of Tai Lee Chuen) and Leong Kon Ngan (mother of Tai Lee Chuen) to venture into the trading and supply of digital entertainment products, particularly used arcade and amusement machines. Semico began its business by sourcing arcade machines from Tai Industrial Supplies, a sole proprietorship established by Promoter, substantial shareholder and Executive Director/ CEO, Tai Lee Chuen. Tai Industrial Supplies was established on 11 October 2002 to supply ICT hardware such as computers and peripherals and accounting system software. Tai Lee Chuen built business connections, developed a diverse client portfolio, and gained industry insights and know-how related to arcade and amusement machines, including repair and maintenance. Recognising the potential, he began exploring opportunities in the industry by offering repair services for arcade and amusement machines. Tai Industrial Supplies began to import refurbished arcade and amusement machines from suppliers in Taiwan in 2003, where he would sell them to small theme parks and family entertainment centres as well as to companies involved in the distribution of arcade and amusement machines. As demand increased, Tai Industrial Supplies expanded its supplier network and began to import new arcade and amusement machines from suppliers in China in 2006. Tai Lee Chuen joined Semico as an advisor and subsequently in 2009, he was redesignated as director of the business development department. Under his stewardship, Semico began to source for refurbished arcade and amusement machines to expand its product portfolio.
2010 - Semico sourced its arcade and amusement machines from FEC Asia Distributor, a sole proprietorship established by Tai Lee Chuen on 2 June 2010 to engage in importing and dealings of video games, amusement machines and its related components. FEC Asia Distributor was subsequently terminated on 10 March 2025 with the CCM. Following the establishment of FEC Asia Distributors, Tai Industrial Supplies was terminated on 26 May 2011 with the CCM as Tai Lee Chuen decided to focus on arcade and amusement machines business. FEC is an acronym for family entertainment centre.
2015 - Tai Lee Chuen was appointed as a director of Semico on 2 June 2015 and subsequently became a shareholder of Semico on 7 July 2015 by acquiring 1 ordinary share from Leong Kon Ngan. Following Tai Lee Chuen's appointment as a director of Semico, he took up the role of overseeing all departments of Semico, including business development activities and strategic direction. With his entry into Semico as a director, both he and Ang Sew Fong sought to expand Semico's business in the arcade and amusement segment.
2017 - On 3 April 2017, Tai Lee Chuen and Soon Sze Yean, a third-party individual, incorporated Minexport to venture into the operation and management of a family entertainment centre, with its sole outlet located in The Mines. Minexport's family entertainment centre began its operations in the same year and features an arcade and amusement machine area together with archery, skating rink and pool tables. It houses arcade and amusement machines across several genres from FEC Asia Distributor and is operated and managed by Minexport. The family entertainment centre is operated under a revenue-sharing model, whereby Minexport and FEC Asia Distributor share revenue generated from the arcade and amusement machines as well as from the archery zone (now skating rink) located in The Mines. Minexport is entitled to monthly revenue-sharing of 50 from arcade and amusement machines, and 40 from the archery zone (now skating rink).
2020 - Tai Lee Chuen incorporated De Pop Asia Distributor, a sole proprietorship involved in the import, distribution and retail of toys and collectables including Pop Mart brand of toys and collectables.
2021 - On 9 November 2021, in anticipation of the growing popularity of pop toy collectables, Tai Lee Chuen and Tan Teck Keong, a third-party individual, incorporated De Pop to expand the toy and collectables business and to facilitate access to banking facilities. Semico was appointed as an exclusive authorised distributor of Superwing to distribute arcade and amusement machines for the Malaysia market.
2022 - Following the incorporation of De Pop, De Pop Asia Distributor was terminated on 6 December 2022 with the CCM.
2023 - Our Group was appointed as a non-exclusive distributor of Pop Mart SG in November 2023 to distribute Pop Mart brand of toys and collectables for the Malaysia market. Our Group began to supply “Initial-D THE ARCADE” arcade machine sourced from Sega Logistics for the Malaysia market in November 2023.
2024 - Subsequent to the expiry of the non-exclusive distributor agreement with Pop Mart SG, our Group was reappointed as a non-exclusive distributor by Pop Mart Malaysia on 1 December 2024 to replace Pop Mart SG to distribute Pop Mart brand of toys and collectables for the Malaysia market. The appointment of the non-exclusive distributorship by Pop Mart Malaysia is effective from 1 January 2025. Minexport acquired arcade and amusement machines from Semico in January 2024 and discontinued its revenue-sharing model with FEC Asia Distributor in the same month. Subsequently, Minexport acquired additional arcade and amusement machines from FEC Asia Distributor in September 2024. Semico was appointed as an authorised distributor of UNIS and Jakar since January 2024 and ACE Amusement since August 2024, to distribute arcade and amusement machines for the Malaysia market. Semico was appointed as an exclusive authorised distributor of Dreamfuns in January 2024 to distribute Color Mix, Color Mix 100, Color 4 and Mini Croissant arcade and amusement machines for the Malaysia market.
2025 - Semico was appointed as an authorised distributor and sales partner of DOF Robotics since August 2025 to distribute Angry Birds Fury Road arcade and amusement machines for the Malaysia market.