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Founder Group Ltd

corporate_fare Company Profile

Founder Group Ltd

FGL·NASDAQ·Industrials·CIK 0001989930

Founder Group operates in the renewable energy sector, specifically focusing on solar photovoltaic (PV) systems. The company's subsidiary, Founder Assets, is involved in the use, operation, and maintenance of a solar PV system in Malaysia. In February 2023, Founder Assets entered into an agreement with two Malaysian entities, party A and party B. Under this agreement, party A maintains the solar PV system, and party B purchases the electricity generated from the system for a 20-year term. This project has been fully completed and is operational. Founder Assets holds a License for Public Installation granted by the Energy Commission of Malaysia, which authorizes its activities. This license includes restrictions on changes in shareholders and the shareholding structure of Founder Assets. Founder Assets is currently seeking written approval from the Energy Commission of Malaysia regarding shareholding structure changes resulting from Founder Group's initial public offering. The company faces risks related to revenue concentration from a few large clients.

Founder Group Ltd (NASDAQ:FGL) is a publicly traded company in the Industrials sector. Wiseek monitors FGL SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Founder Group Ltd Faces Severe Financial Distress: Reports Widening Losses, Massive Dilution from Convertible Debt, and Internal Control Weaknesses
  • Founder Group Regains Nasdaq Compliance, Averting Delisting Risk
  • Founder Group Lands Substantial $8.6M Solar Contract in Malaysia
  • Founder Group Secures US$5 Million Solar EPC Contract, Valued Over 3x Its Market Cap
  • Selling Shareholder Registers Resale of 900,000 Shares, Creating Significant Dilution Overhang

monitoring Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
RM120.7M MYR
Net Income
-RM7.76M MYR
Diluted EPS
-RM0.25 MYR
Op. Cash Flow
-RM41.03M MYR
Free Cash Flow
-RM41.86M MYR
Gross Profit
RM13.98M MYR
Cash & Equivalents
RM66.22M MYR
Total Debt
RM63.34M MYR
Debt / Equity
2.09×
Net Margin
-6.4%
Source: 20-F · filed 2026-04-28 · accession 0001213900-26-048554

Insider Transactions

FGL files as a Foreign Private Issuer (FPI). Under SEC Exchange Act Section 16(a), officers, directors, and 10% owners of FPIs are exempt from Form 4 insider-transaction reporting requirements. Comparable disclosures, when applicable, appear in the company's Form 20-F (annual) or Form 6-K (interim) filings on SEC EDGAR.

bolt Recent Capital Actions

  • 2025-12-18 Executed Long-term debt ↑ +$16.07M

    s, and assigns (collectively “ Investor ”). PURPOSE A. Founder Group Limited, a British Virgin Islands company and parent of Guarantor (“ Company ”), has issued to Investor that certain Secured Convertible Promissory…

  • 2025-12-18 Executed Total debt ↑ +$16.07M

    s, and assigns (collectively “ Investor ”). PURPOSE A. Founder Group Limited, a British Virgin Islands company and parent of Guarantor (“ Company ”), has issued to Investor that certain Secured Convertible Promissory…

  • 2025-11-21 Executed Cash (snapshot) $4.9M

    y financing activities 4,186,809 24,696,022 5,862,556 Net increase in cash and cash equivalents 2,947,766 7,200,326 1,709,277 Cash and cash equivalents at beginning of period 1,945,602 4,563,108 1,083,230 Effects of…

Detected from SEC filings (8-K, S-4, POS AM, 6-K). Last 12 months.
$1.8 -0.01% today
52-week range $1.44 – $146
Market cap
$1.79M
Volume
24.6K (0.2× avg)
3-mo avg 133.2K
Price snapshot as of 2026-05-22 01:52 UTC (Market snapshot (OVERNIGHT))

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feed FGL - Latest Insights

FGL
Apr 28, 2026, 4:15 PM EDT
Filing Type: 20-F
Importance Score:
10
Founder Group Ltd Faces Severe Financial Distress: Reports Widening Losses, Massive Dilution from Convertible Debt, and Internal Control Weaknesses
Sentiment: Negative
View Wiseek Article
FGL
Apr 10, 2026, 9:05 AM EDT
Source: Dow Jones Newswires
Importance Score:
8
Founder Group Regains Nasdaq Compliance, Averting Delisting Risk
Sentiment: Positive
View Wiseek Article
FGL
Mar 25, 2026, 8:32 AM EDT
Source: Dow Jones Newswires
Importance Score:
10
Founder Group Lands Substantial $8.6M Solar Contract in Malaysia
Sentiment: Positive
View Wiseek Article
FGL
Mar 16, 2026, 8:30 AM EDT
Source: GlobeNewswire
Importance Score:
10
Founder Group Secures US$5 Million Solar EPC Contract, Valued Over 3x Its Market Cap
Sentiment: Positive
View Wiseek Article
FGL
Mar 12, 2026, 9:28 AM EDT
Filing Type: 424B3
Importance Score:
9
Selling Shareholder Registers Resale of 900,000 Shares, Creating Significant Dilution Overhang
Sentiment: Negative
View Wiseek Article
FGL
Mar 09, 2026, 8:30 AM EDT
Source: GlobeNewswire
Importance Score:
9
Founder Group Lands $4M, 25.4MW Utility-Scale Solar Contract in Malaysia
Sentiment: Positive
View Wiseek Article
FGL
Mar 03, 2026, 8:40 AM EST
Source: Reuters
Importance Score:
7
Founder Group Regains Nasdaq Compliance, Averting Delisting Risk
Sentiment: Positive
View Wiseek Article
FGL
Feb 25, 2026, 3:12 PM EST
Filing Type: F-1
Importance Score:
9
Founder Group Registers 900,000 Shares for Resale by Investor, Signaling Massive Potential Dilution
Sentiment: Negative
View Wiseek Article
FGL
Jan 21, 2026, 10:57 AM EST
Filing Type: SCHEDULE 13D
Importance Score:
9
CEO Receives Substantial Incentive Grant for Major Contract Wins, Increasing Stake to 18.8%
Sentiment: Positive
View Wiseek Article
FGL
Jan 13, 2026, 4:15 PM EST
Filing Type: 6-K
Importance Score:
9
Founder Group to issue significant incentive shares and execute 100-for-1 reverse stock split
Sentiment: Negative
View Wiseek Article