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Stock impact report

Founder Group Limited Secures US$5 Million EPC Contract for a 5.5MW Solar Plant under Malaysia’s LSS5 PETRA Programme

Founder Group Limited - Class A Ordinary Shares (FGL) 
Last founder group limited - class a ordinary shares earnings: 11/15 04:15 pm Check Earnings Report
US:NYSE Investor Relations: fidelity.com
Company Research Source: GlobeNewswire
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”) programme. The LSS5 programme, also known as Peralihan Tenaga SuRiA (PETRA), represents Malaysia’s largest solar tender to date. With a total generation quota of 2,000 megawatts (MW), LSS5 more than doubles the capacity offered in previous iterations, underscoring the accelerating momentum of the country’s renewable energy sector.   The rollout of LSS PETRA and LSS PETRA 5+ is a key component of Malaysia’s broader strategy to accelerate renewable-energy deployment under the Malaysia Show less Read more
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