Founder Group Ltd
Close on Oct 19, 2026
About Founder
Construction - Special Trade Contractors, SIC 1700
Founder Group Limited provides engineering, procurement, construction, and commissioning services for solar photovoltaic projects, alongside supplying solar mounting systems. The company primarily executes large-scale solar power initiatives as well as commercial and industrial installations. Its customer base includes engineering contractors and commercial entities developing utility-scale and decentralized solar installations. Additionally, the business holds an electricity generation license to operate and maintain a dedicated solar facility under a long-term power purchase agreement.
Headquartered in Klang, Selangor Darul Ehsan, Malaysia, the company conducts all of its current business operations within Malaysia. The enterprise manages a portfolio consisting of eight ongoing large-scale solar projects and fifteen commercial and industrial solar developments throughout the country. It also maintains corporate subsidiaries incorporated across Malaysia, Thailand, and Singapore.
Summary of the business section of Founder's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Founder Group Ltd
- Founded
- 2021
- Headquarters
- Selangor Darul Ehsan, Malaysia
- Address
- No. 17, Jalan Astana 1d, Bandar Bukit Raja, 41050 Klang
- Phone
- 603-3358 5638
- Website
- founderenergy.com.my
- Employees
- 5, Dec 31, 2025
- Industry
- Construction - Special Trade Contractors
- Incorporated in
- D8
- Fiscal year ends
- December 31
- Auditor
- JP CENTURION & PARTNERS PLT, Kuala Lumpur, Malaysia
Stock & identifiers
- Ticker
- FGL
- Exchange
- Nasdaq
- IPO date
- Oct 22, 2024
- Shares outstanding
- 33M, Dec 31, 2025
- Filer category
- Non-accelerated filer<br>Emerging growth company
- Stock splits
- 1-for-100 reverse, Sep 1, 2026; 1-for-100 reverse, Feb 10, 2026
- SEC CIK
- 1989930
- CUSIP
- G3662E105
- ISIN
- USG3662E1058
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Seng Chi Lee | CHIEF EXECUTIVE OFFICER, Director | 138,206 |
| Sian Seong See | Chief Financial Officer | 1,570 |
| Chiet Chai Thien | Director | 54,232 |
| Siew Kuen Sin | Director | – |
Employees
Headcount reported in annual reports
“Pursuant to the Minimum Wages Order 2024, with effect from February 1, 2025, the minimum wage for employees shall be RM1,700 a month for employers who have 5 employees or more and those employers categorized as conducting professional activities regardless of the number of employees they have.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 22, 2024 | IPO | Initial public offering priced (424B4 prospectus) |
| Oct 22, 2024 | Listing | Registration of securities on an exchange (Form 8-A) |