Company’s Total Contract Value Under Programme Now US$17.7 MillionKUALA LUMPUR, Malaysia, March 25, 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, in collaboration with a prominent solar investment company, it has secured an EPC contract valued at RM34 million (approximately US$8.6 million) under ...

Core Insights - Founder Group Limited has secured an EPC contract worth 19.5 million Malaysian Ringgit (approximately 5 million USD) to construct a 5.5 MW solar facility under Malaysia's LSS5 program, which is the largest solar tender project in the country to date [1][2]. Industry Overview - The LSS PETRA program, part of the broader Malaysia MADANI framework and the National Energy Transition Roadmap (NETR), is crucial for accelerating renewable energy deployment in Malaysia, aiming for net-zero emissions by 2050 [2]. - Since its inception in 2016, the LSS program has been a key catalyst for the growth of Malaysia's renewable energy sector, with approximately 121 large-scale solar projects approved, totaling an installed capacity of 6,228 MW and expected investments exceeding 21 billion Malaysian Ringgit [2]. Project Details - Under the new contract, Founder Group will be responsible for the design, construction, testing, and commissioning of the 5.5 MW solar facility, which is expected to provide a guaranteed maximum annual available capacity (MAAQ) of 13,568.8 MWh in its first two years of operation [3]. - The project is scheduled to commence commercial operations by May 1, 2027, reflecting the optimistic outlook for Malaysia's renewable energy development [3]. Company Profile - Founder Group Limited is a pure-play, end-to-end EPCC solutions provider in the solar photovoltaic sector in Malaysia, focusing on large-scale solar projects and commercial and industrial solar projects [4]. - The company's mission is to provide innovative solar installation services, promote sustainable resources, and achieve carbon neutrality [4].

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”) prog ...

Core Insights - Founder Group Limited has secured a 25.40 MW large-scale solar project EPCC contract in Malaysia, valued at approximately 16 million MYR (around 4.14 million USD) [1][2]. Group 1: Project Details - The project is part of Malaysia's Corporate Green Power Program (CGPP), aimed at accelerating corporate decarbonization through virtual power purchase agreements (VPPA) and deploying new utility-scale solar facilities nationwide [2]. - Founder Group will be responsible for the supply of materials, civil and structural engineering, testing, commissioning, and grid connection for the solar PV facility [2]. - The project is expected to generate approximately 53,000 MWh of clean energy annually, offsetting around 35,000 tons of CO2 emissions [2]. Group 2: Strategic Significance - This contract strengthens Founder Group's market position in Malaysia's rapidly growing utility-scale solar sector and enhances the company's expectations for sustainable revenue in the coming years [2][3]. - The CEO of Founder Group highlighted that this win underscores the company's increasing role in Malaysia's energy transition and showcases its project execution capabilities within the CGPP framework [3]. - The company plans to pursue more tenders related to LSS5, LSS5+, and regional solar projects, viewing this contract as a significant milestone that will contribute to further growth in EPCC order volume [3]. Group 3: Company Overview - Founder Group Limited specializes in providing end-to-end EPCC solutions for solar PV facilities in Malaysia, focusing on large-scale solar projects and commercial and industrial (C&I) solar projects [3]. - The company's mission is to offer innovative solar installation services, promote eco-friendly resources, and achieve carbon neutrality goals [3].

Core Insights - Founder Group Limited has been awarded an EPCC contract worth approximately RM16 million (US$4.14 million) for a 25.40MW large-scale solar project in Malaysia [1][3] - The project is part of Malaysia's Corporate Green Power Programme (CGPP), aimed at accelerating corporate decarbonization through Virtual Power Purchase Agreements and new utility-scale solar capacity [2] - The solar project is expected to generate around 53,000 MWh of clean energy annually, offsetting approximately 35,000 tonnes of carbon dioxide emissions and contributing about 53,000 Renewable Energy Certificates to the market [3] Company Positioning - This contract strengthens Founder Group's position in Malaysia's utility-scale solar segment and enhances visibility into recurring, multi-year revenue opportunities [4] - The company is pursuing additional large-scale solar programs and regional solar tenders, viewing this contract as a significant milestone that reinforces its competitiveness [5] - The CEO emphasized the company's role in Malaysia's energy transition and its strong execution track record under the CGPP framework, indicating expectations for future project wins [6] Company Overview - Founder Group Limited is a pure-play, end-to-end EPCC solutions provider for solar PV facilities in Malaysia, focusing on large-scale solar projects and commercial and industrial solar projects [7]

Group 1 - Founder Group Limited (FGL) has received confirmation from Nasdaq that it has regained compliance with the minimum bid price requirement under Nasdaq listing rule 5550(a)(2) as of February 25, 2026 [1] - Nasdaq determined that the closing bid price of the company's Class A common stock has remained at or above $1.00 per share [1] Group 2 - Founder Group Limited specializes in providing end-to-end engineering, procurement, construction, and commissioning (EPCC) solutions for solar photovoltaic (PV) facilities in Malaysia [2] - The company's primary business focuses on two key areas: large-scale solar projects and commercial and industrial (C&I) solar projects [2] - The mission of the company is to offer innovative solar installation services, promote eco-friendly resources, and achieve carbon neutrality goals [2]

Group 1 - Founder Group Limited has regained compliance with Nasdaq's minimum bid price requirement as of February 25, 2026, confirming that the closing bid price of its Class A ordinary shares has been at or above US$1.00 per share [1][2] - The company operates as a pure-play, end-to-end EPCC solutions provider for solar PV facilities in Malaysia, focusing on large-scale solar projects and commercial and industrial (C&I) solar projects [3] - Founder Group Limited aims to provide innovative solar installation services, promote eco-friendly resources, and achieve carbon-neutrality [3]

As filed with the U.S. Securities and Exchange Commission on February 25, 2026. Registration No. 333-_________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Founder Group Limited (Exact name of registrant as specified in its charter) British Virgin Islands 4911 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Identification Number) N ...

Group 1 - Founder Group Limited (FGL) received a notification from Nasdaq indicating that it no longer meets the minimum public float requirement of 500,000 shares as per Nasdaq listing rule 5550(a)(4) [1] - The notification does not have an immediate impact on the listing and trading of the company's Class A common stock [1] - FGL is required to submit a specific plan to Nasdaq by April 3, 2026, detailing how it will achieve and maintain compliance with all listing requirements [1] Group 2 - Founder Group Limited specializes in providing end-to-end engineering, procurement, construction, and commissioning (EPCC) solutions for solar photovoltaic (PV) facilities in Malaysia [2] - The company's primary business focuses on large-scale solar projects and commercial and industrial (C&I) solar projects [2] - FGL aims to provide innovative solar installation services, promote eco-friendly resources, and achieve carbon neutrality goals [2]

Core Viewpoint - Founder Group Limited has received a notification from Nasdaq indicating non-compliance with listing requirements due to insufficient publicly held shares, but this does not immediately affect trading [1][2]. Group 1: Company Compliance and Nasdaq Notification - The Company was notified on February 17, 2026, that it no longer meets the minimum requirement of 500,000 publicly held shares under Nasdaq Listing Rule 5550(a)(4) [1]. - The Company has until April 3, 2026, to submit a plan to Nasdaq to regain compliance with listing requirements [2]. Group 2: Company Overview - Founder Group Limited specializes in end-to-end Engineering, Procurement, Construction, and Commissioning (EPCC) solutions for solar photovoltaic (PV) facilities in Malaysia [3]. - The Company focuses on large-scale solar projects and commercial and industrial (C&I) solar projects, aiming to promote eco-friendly resources and achieve carbon neutrality [3].