Kuala Lumpur – October 17, 2026 -- Founder Group Limited (NASDAQ: FGL) has secured a RM19.5 million (approximately US$5 million) engineering, procurement and construction contract for a 5.5MW solar facility under Malaysia's Large Scale Solar 5 (LSS5) programme.

A solar investment company awarded the contract. Founder Group will oversee design, construction, testing and commissioning of the plant.

Kuala Lumpur – October 17, 2026 -- Founder Group Limited (NASDAQ: FGL) has secured an engineering, procurement, construction and commissioning (EPCC) contract valued at RM34 million (about US$8.6 million) under Malaysia's Large Scale Solar 5 (LSS5) programme, lifting its total LSS5 contract value to about RM70 million (about US$17.7 million).

The company won the contract in collaboration with a solar investment company that the source does not name.

Kuala Lumpur – October 17, 2026 -- Founder Energy Sdn Bhd, a subsidiary of Nasdaq-listed Founder Group Limited (FGL), has signed a turn-key EPCC contract worth approximately RM5.58 million (US$1.37 million) to build a 1.78 MW-peak rooftop solar system for a shrimp farming and processing facility in Ayer Hitam, Kedah.

The deal is Founder Group's second solar project for the agricultural sector. It follows a shrimp farm project in Terengganu and is the company's first to combine an integrated shrimp farm with a processing plant.

Kuala Lumpur – October 17, 2026 -- Founder Energy Sdn Bhd, a subsidiary of Nasdaq-listed Founder Group Limited (FGL), has been engaged as subcontractor for a 29.99MWac large-scale solar photovoltaic facility in Daerah Kuala Muda, Kedah, in a deal valued at RM6.05 million (approximately US$1.5 million).

The award falls under Malaysia's Corporate Green Power Programme (CGPP), a national mechanism that lets corporates procure renewable energy directly from large-scale solar developers via the grid.

Kuala Lumpur – – October 17, 2026 -- Nasdaq-listed Founder Group Limited (FGL) has completed the acquisition of a 19.90% equity interest in Nichcom Go Sdn. Bhd., the Malaysian charge point operator behind the SpacePlus EV charging brand. Financial terms were not disclosed in the announcement.

Selangor – October 17, 2026 -- Founder Group Limited (FGL) will combine its shares at a ratio of 100 for 1 effective September 1, 2026, shrinking its Class A share count from 7,369,159 to approximately 73,693 as it works to regain compliance with Nasdaq Marketplace Rule 5550(a)(2).

Kuala Lumpur – October 17, 2026 -- Nasdaq-listed Founder Group Limited (FGL) is tendering through its subsidiary Founder Energy Sdn. Bhd. for projects under Malaysia's Large-Scale Solar 6 (LSS6) programme, which is expected to draw RM13 billion to RM15 billion (US$3.2 billion to US$3.7 billion) in private investment.

Selangor -- Founder Group Limited (Nasdaq: FGL) has until November 2, 2026, to submit a plan to Nasdaq's staff for regaining compliance after the exchange found the company no longer meets the minimum of 500,000 publicly held shares required for continued listing.