FGL Stock Catalyst: Founder Group Ltd Secures US$1.5 Million EPCC Subcontract for Solar Facility

Aug 20, 2026 · 8:34am ET

The contract is part of Malaysia's Corporate Green Power Programme.

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8:34am ET

FGL · Aug 20, 2026

CATALYST DATE · 1-MINUTE BARS

Catalyst Summary

Founder Group Limited, through its subsidiary Founder Energy Sdn Bhd, secured a US$1.5 million Engineering, Procurement, Construction, and Commissioning (EPCC) subcontract on August 20, 2026. The contract is under Malaysia's Corporate Green Power Programme for the installation and commissioning of a 29.99MWac large-scale solar facility in Kedah.

The subcontract is valued at RM6.05 million and involves the installation of a solar facility with a capacity of 29.99MWac. There are 854,052 shares in the free float.

This summary was generated by AI from public sources and may contain errors. Not financial advice. Trade at your own risk.

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