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Founder Group FGL · USD

Industrials · US listing · 🇺🇸 United States

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1.39

+20.87%

Close of 9 Nov 2026, in USD

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About Founder Group

Its shares trade under the ticker FGL. It has been listed since 23 October 2024. In the fiscal year to 31 December 2025, it reported revenue of MYR 120.7m and a net loss of MYR 7.8m. At that date it held total assets of MYR 189.7m and shareholders' equity of MYR 30.3m.

Founder Group Ltd is a MY-based company operating in Construction & Engineering industry. The company is headquartered in Klang, Selangor. The company went IPO on 2024-10-23. Founder Group Limited is principally engaged in providing engineering, procurement, construction and commissioning (EPCC) services for large-scale solar projects and commercial and industrial (C&I) projects. The Company’s segments include Large-scale solar and Commercial & Industrial. Large-scale solar projects are utility scale solar photovoltaic (PV) power plants with installed generating capacity of one megawatt alternating current or more. Large-scale solar projects are ground mounted and are designed to supply power to the power grid. Commercial & Industrial 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. The company offers engineering and design, from initial conceptualization up to detailed system design. This includes designing the solar PV array and balance of system.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Industrials
Industry
Construction & Engineering
Listed since
23 Oct 2024
Head office
NO. 17, JALAN ASTANA 1D, SELANGOR DARUL EHSAN
Incorporated in
D8
Classification
Construction - Special Trade Contractors
Filer status
Non-accelerated filer<br>Emerging growth company

Leadership

Pay as last reported

  • Mr. Seng Chi LeeChairman of the Board, Chief Executive Officer, since 2023
  • Mr. Sian Seong SeeChief Financial Officer
  • Mr. Chiet Chai ThienNon-Executive Director
  • Mr. Marco BaccanelloIndependent Director
  • Mr. Bin Din BaharinIndependent Director
  • Ms. Siew Kuen SinIndependent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Founder Group Ltd provides EPCC services for large-scale solar projects in MY
  • The company focuses on utility-scale solar PV power plants with capacity of 1 MW AC or more
  • Founder Group Ltd offers engineering and design for solar PV array and balance of system

Weaknesses

  • The company operates primarily in the MY construction sector with limited international presence
  • Founder Group Ltd has only one business segment for large-scale solar projects
  • The company's IPO was recently on 23 October 2024 with no historical financial data available

Opportunities

  • MY government's push for renewable energy expansion offers growth potential
  • The increasing demand for commercial and industrial solar projects in MY presents new opportunities
  • Founder Group Ltd can expand its C&I segment to capture more market share

Threats

  • Competition from established construction firms in MY may impact market share
  • Rising material costs in the construction industry could affect profitability
  • Regulatory changes in MY's renewable energy sector might disrupt operations

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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