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FGL

Founder Group Ltd

FGL

Market cap $50.5K

4.41 USD

-0.02

0.45%

At close Updated Sep 24, 4:00 PM EDT

Pre-market

After hours

4.49

+0.08

1.81%

1 day

-0.45%

5 days

8.89%

1 month

-83.99%

3 months

-96.92%

6 months

-99%

Year to date

-99.73%

1 year

-99.96%

5 years

-99.99%

10 years

-99.99%

About: Founder Group Ltd is a solar solutions provider in Malaysia, offering end-to-end services for commercial and industrial sectors, as well as large-scale solar power projects, encompassing project design, engineering, and comprehensive project management. Its focus is on two key segments: large-scale solar projects and commercial and industrial (C&I) solar projects. Large-scale solar projects are utility scale solar PV power plants with installed generating capacity of 1 MWac or more. C&I projects are smaller scale solar projects where the solar PV systems are installed on rooftops and are designed to generate electricity for commercial and industrial properties for their own consumption, such as factories, warehouses, and commercial stores. Its revenue is derived from Malaysia.

Employees: 80

Industrials Engineering & Construction

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 0%

Neutral 100%

Negative 0%

Founder Group Limited Receives NASDAQ Notification Regarding Minimum Publicly Held Shares Deficiency

SELANGOR, Malaysia, Sept. 21, 2026 (GLOBE NEWSWIRE) -- Founder Group Limited (Nasdaq: FGL) (“FGL” or the “Company”), announced today that on September 16, 2026, the Company received a letter from the Listing Qualifications Department of Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that since it no longer meets the minimum 500,000 publicly held shares requirement under Nasdaq Listing Rule 5550(a)(4) for the Nasdaq Capital Market, it no longer complies with the Listing Rules for continued listing.

Founder Group Limited Receives NASDAQ Notification Regarding Minimum Publicly Held Shares Deficiency

Founder Group Targets Malaysia's RM13–15 billion (approximately US$3.2 billion and US$3.7 billion) LSS6 National Solar Programme, Positioning for Multi-Year Order Book Growth Through 2029

KUALA LUMPUR, Malaysia, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Founder Group Limited (‘Founder Group' or the ‘Company') (NASDAQ: FGL) announced today that its subsidiary, Founder Energy Sdn.

Founder Group Targets Malaysia's RM13–15 billion (approximately US$3.2 billion and US$3.7 billion) LSS6 National Solar Programme, Positioning for Multi-Year Order Book Growth Through 2029

Founder Group Limited Announces 100 for 1 Share Combination

SELANGOR, Malaysia, Aug. 27, 2026 (GLOBE NEWSWIRE) -- Founder Group Limited ("FGL" or the "Company") today announced that the authorised, issued, and outstanding shares of the Company will be combined on a 100 for 1 ratio with the marketplace effective date of September 1, 2026.

Founder Group Limited Announces 100 for 1 Share Combination

Founder Group Announces Investment in Nichcom Go Sdn. Bhd., Operator of SpacePlus EV Charging Network, to Expand Market Leadership in EV Industry

KUALA LUMPUR, Malaysia, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Founder Group Limited (“Founder Group” or the “Company”) (Nasdaq: FGL), a Malaysia-headquartered, pure-play end-to-end EPCC solutions provider for solar PV facilities announced that it has completed the acquisition of a 19.90% equity interest in Nichcom Go Sdn. Bhd. (“Nichcom Go”), the Malaysian Charge Point Operator (CPO) behind the SpacePlus EV charging brand.

Founder Group Announces Investment in Nichcom Go Sdn. Bhd., Operator of SpacePlus EV Charging Network, to Expand Market Leadership in EV Industry

Founder Group Secures US$1.5 million EPCC Subcontract under Malaysia's Corporate Green Power Programme for 29.99MWac Large-Scale Solar Facility in Kedah

KUALA LUMPUR, Malaysia, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Founder Energy Sdn Bhd, a subsidiary of Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), has been engaged as subcontractor under Malaysia's Corporate Green Power Programme (CGPP) for the procurement, electrical and mechanical installation and commissioning of a 29.99MWac large-scale solar photovoltaic facility in Daerah Kuala Muda, Kedah. The engagement is valued at RM6.05 million (approximately US$1.5 million).

Founder Group Secures US$1.5 million EPCC Subcontract under Malaysia's Corporate Green Power Programme for 29.99MWac Large-Scale Solar Facility in Kedah

Founder Group Limited Secures Second Aquaculture Contract, a US$1.4 million 1.78 MW rooftop system for a Kedah shrimp Farm

KUALA LUMPUR, Malaysia, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Founder Energy Sdn Bhd, a subsidiary of Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), has signed a turn-key EPCC (engineering, procurement, construction and commissioning) contract to build a 1.78 MW-peak rooftop solar system for a client that operates a facility powers shrimp farming and processing plant in Ayer Hitam, Kedah. The contract is valued at approximately RM5.58 million (US$1.37 million).

Founder Group Limited Secures Second Aquaculture Contract, a US$1.4 million 1.78 MW rooftop system for a Kedah shrimp Farm

Founder Group Limited Secures First Aquaculture Contract, a US$1.2 million 1.4 MW rooftop system for a Terengganu shrimp farm

KUALA LUMPUR, Malaysia, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Founder Energy Sdn Bhd, a subsidiary of Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), has signed a turn-key EPCC (engineering, procurement, construction and commissioning) contract to build a 1.4MW-peak rooftop solar system for a client that operates an integrated shrimp farm across three sites in Bandar Permaisuri, Terengganu. The contract is valued at approximately RM4.7 million (US$1.15 million).

Founder Group Limited Secures First Aquaculture Contract, a US$1.2 million 1.4 MW rooftop system for a Terengganu shrimp farm

Founder Group Limited Secures US$5 Million EPC Contract for a 5.5MW Solar Plant under Malaysia's LSS5 PETRA Programme

KUALA LUMPUR, Malaysia, March 16, 2026 (GLOBE NEWSWIRE) -- Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), a leading engineering, procurement, construction, and commissioning (EPCC) solutions provider for solar photovoltaic (PV) systems in Malaysia, today announced that it has secured a RM19.5 million (approximately US$5 million) EPC contract for a 5.5MW solar facility. The contract was awarded by a prominent solar investment company under Malaysia's Large Scale Solar 5 (“LSS5”) programme.

Founder Group Limited Secures US$5 Million EPC Contract for a 5.5MW Solar Plant under Malaysia's LSS5 PETRA Programme

Founder Group Limited Receives NASDAQ Notification Regarding Minimum Publicly Held Shares Deficiency

SELANGOR, Malaysia, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Founder Group Limited (Nasdaq: FGL) (“FGL” or the “Company”), announced today that on February 17, 2026, the Company received a letter from the Listing Qualifications Department of Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that since it no longer meets the minimum 500,000 publicly held shares requirement under Nasdaq Listing Rule 5550(a)(4) for the Nasdaq Capital Market, it no longer complies with the Listing Rules for continued listing.

Founder Group Limited Receives NASDAQ Notification Regarding Minimum Publicly Held Shares Deficiency

Founder Group Limited Announces 100 for 1 Share Combination

SELANGOR, Malaysia, Feb. 06, 2026 (GLOBE NEWSWIRE) -- Founder Group Limited (“FGL” or the “Company”) today announced that the authorised, issued, and outstanding shares of the Company will be combined on a 100 for 1 ratio with the marketplace effective date of February 10, 2026.

Founder Group Limited Announces 100 for 1 Share Combination

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