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Founder Group Limited to Significantly Benefit From up to RM17.4 billion [USD4.1 billion] Solar EPCC Contract Value Expected to Ignite Green Energy, Data Center Expansion and National AI Ambitions in Malaysia

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Founder Group Limited (NASDAQ: FGL), a leading Malaysian solar EPCC solutions provider, is positioned to capitalize on up to RM17.4 billion (USD4.1 billion) in EPCC contract opportunities through 2028, representing a 40% increase in market value.

The company recently signed an MOU with GCL Systems Integration Technology for renewable energy projects worth up to USD220 million across ASEAN. Key growth drivers include the LSS Petra and LSS Petra 5+ programs (RM12 billion, 6GW capacity) and CRESS program revival (RM5 billion, 2GW demand).

FGL is exploring AI-powered solutions for project management and operations, while contributing to Malaysia's data center expansion and national AI ambitions through sustainable power solutions.

Founder Group Limited (NASDAQ: FGL), leader nel settore delle soluzioni EPCC solari in Malesia, è in posizione di capitalizzare fino a RM17,4 miliardi (USD4,1 miliardi) in opportunità EPCC fino al 2028, equivalenti a un aumento del 40% del valore di mercato.

Recentemente l’azienda ha firmato un MOU con GCL Systems Integration Technology per progetti energetici rinnovabili fino a USD220 milioni in ASEAN. I principali driver di crescita includono i programmi LSS Petra e LSS Petra 5+ (RM12 miliardi, 6 GW di capacità) e la rinascita del programma CRESS (RM5 miliardi, 2 GW di domanda).

FGL sta esplorando soluzioni basate sull’IA per la gestione di progetti e operazioni, contribuendo all’espansione dei data center della Malesia e alle ambizioni nazionali sull’IA attraverso soluzioni energetiche sostenibili.

Founder Group Limited (NASDAQ: FGL), destacado proveedor de soluciones EPCC solares en Malasia, está en posición de capitalizar hasta RM17,4 mil millones (USD4,1 mil millones) en oportunidades de contratos EPCC hasta 2028, lo que representa un 40% de incremento en el valor del mercado.

La compañía firmó recientemente un MOU con GCL Systems Integration Technology para proyectos de energía renovable por hasta USD220 millones en la ASEAN. Los principales impulsores de crecimiento incluyen los programas LSS Petra y LSS Petra 5+ (RM12 mil millones, 6 GW de capacidad) y la reactivación del programa CRESS (RM5 mil millones, 2 GW de demanda).

FGL está explorando soluciones impulsadas por IA para la gestión de proyectos y operaciones, mientras contribuye a la expansión de centros de datos en Malasia y a las ambiciones nacionales de IA mediante soluciones energéticas sostenibles.

Founder Group Limited (NASDAQ: FGL), 말레이시아 선도적인 태양광 EPCC 솔루션 공급업체로서 2028년까지 RM17.4조원(미화 41억 달러) 규모의 EPCC 계약 기회를 통해 시장 가치가 40% 증가할 수 있는 위치에 있습니다.

최근 GCL Systems Integration Technology와 재생에너지 프로젝트에 대해 ASEAN 전역으로 최대 미화 2억 2천만 달러의 양해각서를 체결했습니다. 주요 성장 동력은 LSS Petra 및 LSS Petra 5+ 프로그램(RM12십억, 6GW 용량)과 CRESS 프로그램 재개(RM5십억, 2GW 수요)입니다.

FGL은 프로젝트 관리 및 운영을 위한 AI 기반 솔루션을 탐색하고 있으며, 말레이시아의 데이터 센터 확장과 지속 가능한 전력 솔루션을 통한 국가 AI 야망 달성에도 기여하고 있습니다.

Founder Group Limited (NASDAQ: FGL), premier fournisseur malaisien de solutions EPCC solaires, est positionné pour capitaliser sur jusqu’à RM17,4 milliards (USD4,1 milliards) d’opportunités de contrats EPCC d’ici 2028, soit une croissance de 40% de la valeur du marché.

La société a récemment signé un MOU avec GCL Systems Integration Technology pour des projets d’énergie renouvelable d’un montant jusqu’à USD220 millions à travers l’ASEAN. Les principaux moteurs de croissance incluent les programmes LSS Petra et LSS Petra 5+ (RM12 milliards, 6 GW de capacité) et la relance du programme CRESS (RM5 milliards, 2 GW de demande).

FGL explore des solutions alimentées par l’IA pour la gestion de projets et les opérations, tout en contribuant à l’expansion des data centers en Malaisie et aux ambitions nationales en IA via des solutions énergétiques durables.

Founder Group Limited (NASDAQ: FGL), ein führender malaysischer Anbieter von EPCC-Lösungen im Solarbereich, ist positioniert, um bis zu RM17,4 Milliarden (USD4,1 Milliarden) an EPCC-Vertragmöglichkeiten bis 2028 zu nutzen, was einer 40%-igen Steigerung des Marktwerts entspricht.

Das Unternehmen hat kürzlich eine Absichtserklärung (MOU) mit GCL Systems Integration Technology für erneuerbare Energieprojekte im Wert von bis zu USD220 Millionen über ASEAN hinweg unterzeichnet. Wichtige Treiber des Wachstums sind die LSS Petra- und LSS Petra 5+-Programme (RM12 Milliarden, 6 GW Kapazität) sowie die Wiederbelebung des CRESS-Programms (RM5 Milliarden, 2 GW Nachfrage).

FGL erkundet KI-gestützte Lösungen für Projektmanagement und Betrieb, während es zum Ausbau von Rechenzentren in Malaysia und zu den nationalen KI-Zielen durch nachhaltige Energielösungen beiträgt.

Foundation Group Limited (NASDAQ: FGL)، هي المزود الرائد للحلول EPCC الشمسية في ماليزيا، وهي في موقع يمكنها من الاستفادة من حتى 17.4 مليار رينغيت ماليزي RM (4.1 مليار دولار أمريكي USD) من فرص عقود EPCC حتى 2028، وهو ما يمثل زيادة 40% في قيمة السوق.

وقعت الشركة مؤخرًا مذكرة تفاهم مع GCL Systems Integration Technology لمشروعات طاقة متجددة بقيمة تصل إلى USD220 مليون عبر آسيان. تشمل محركات النمو الرئيسية برامج LSS Petra وLSS Petra 5+ (RM12 مليار، 6 GW من السعة) وإحياء برنامج CRESS (RM5 مليار، طلب 2 GW).

تستكشف FGL حلولاً مدعومة بالذكاء الاصطناعي لإدارة المشاريع والعمليات، مع المساهمة في توسيع مراكز البيانات الماليزية وتطلعات الذكاء الاصطناعي الوطنية من خلال حلول طاقة مستدامة.

Founder Group Limited (NASDAQ: FGL),马来西亚太阳能 EPCC 解决方案的领先供应商,有望在2028年前从 EPCC 合同机会中受益,金额高达 RM17.4 亿元(USD4.1 亿美元),市场价值将增长 40%

公司最近与 GCL Systems Integration Technology 签署谅解备忘录,涉及在区域内的可再生能源项目,金额最高达 USD220 百万美元。主要增长驱动因素包括 LSS Petra 与 LSS Petra 5+ 计划(RM12 亿,6 GW 容量)以及 CRESS 计划的复兴(RM5 亿,2 GW 需求)。

FGL 正探索基于 AI 的项目管理与运营解决方案,同时通过可持续能源解决方案促进马来西亚的数据中心扩张以及国家级 AI 目标的实现。

Positive
  • Expected EPCC contract value surge of 40% to RM17.4 billion (USD4.1 billion) through 2028
  • Strategic MOU with GCL Systems worth USD220 million for ASEAN projects
  • Positioned to benefit from bottoming solar panel prices in 2025
  • Access to RM12 billion LSS Petra projects and RM5 billion CRESS program opportunities
Negative
  • None.

Insights

Founder Group poised to capture significant portion of Malaysia's RM17.4B solar EPCC market through 2028, strengthening revenue outlook.

This announcement positions Founder Group Limited at the epicenter of Malaysia's expanding renewable energy initiatives. The projection of RM17.4 billion (USD4.1 billion) in total EPCC contract value represents a 40% increase in market opportunity, creating a substantial revenue pipeline through 2028.

The timing is particularly advantageous as solar panel prices are expected to bottom out in 2025. This creates a unique market dynamic where EPCC contractors like Founder Group benefit while asset owners face cost pressures. As a pure-play end-to-end solar EPCC provider, the company is structurally positioned to capitalize on this pricing environment without assuming the margin risks faced by asset owners.

The recently signed MOU with GCL Systems Integration Technology valued at up to $220 million provides concrete evidence of Founder Group's expanding project pipeline. This partnership extends beyond Malaysia to other ASEAN markets, indicating geographic diversification potential.

Two key demand drivers appear particularly promising: The LSS Petra programs (representing RM12 billion in potential contracts for 6GW capacity) and the revitalized CRESS program, which has gained renewed relevance following tariff hikes for data centers. The CRESS program alone could generate an additional RM5 billion in EPCC contracts from 2GW of firm output demand.

The company's integration of AI-powered solutions for project management and operations further strengthens its competitive positioning, potentially enhancing margins through operational efficiencies while aligning with Malaysia's broader AI development goals.

Founder Group's focus on large-scale solar projects and commercial/industrial installations provides exposure to the fastest-growing segments of Malaysia's renewable energy market. The company appears well-positioned to benefit from both government-driven programs and private sector demand as Malaysia pursues its renewable energy and technology advancement objectives.

KUALA LUMPUR, Malaysia, Sept. 24, 2025 (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 systems in Malaysia, today announced its strong positioning, which is strategically aligned to capitalize on the significant growth opportunities within Malaysia's burgeoning renewable energy sector. The total EPCC contract value expected to surge up to RM17.4 billion [USD4.1 billion], a 40% increase, ensuring sustained sector activity until the end of 2028. The EPCC contractors within renewable energy sector are identified as the potential "biggest winners" due to solar panel prices expected to bottom in 2025, which poses cost risks for asset owners and benefits EPCC players.

Founder Group Limited is strategically aligned to benefit from these market dynamics as a pure-play, end-to-end EPCC solutions provider for solar PV facilities in Malaysia, with a primary focus on large-scale solar projects and commercial and industrial (C&I) solar projects. The Company recently signed a Memorandum of Understanding (MOU) with GCL Systems Integration Technology Co. Ltd. to collaborate on renewable energy projects valued at up to USD $220 million across Malaysia and other ASEAN countries. The Company is also actively exploring AI powered solutions with its business partners to streamline its project management, engineering and design, and operation and maintenance division.

This outlook is underscored by recent market analyses published by Kenanga Investment Bank Berhad, highlighting the booming solar EPCC market, driven by key initiatives such as LSS Petra, LSS Petra 5+, the Corporate Renewable Energy Supply Scheme (CRESS), and the rapidly expanding rooftop solar segment.

Key market opportunities include:

  • LSS Petra and LSS Petra 5+ Development: With up to RM12 billion worth of 6GW installed capacity of LSS Petra 5 and LSS Petra 5+ contracts anticipated, targeting completion by end-2027, the program offers substantial project development avenues.
  • CRESS Resurgence: The program is back in play following a tariff hike for data centers, which makes CRESS a cost-effective alternative. This is expected to trigger a surprise jump in EPCC job flow, potentially bringing an additional RM5 billion in EPCC works driven by 2GW of firm output demand.

Founder Group Limited, as a leading EPCC solutions provider, plays a pivotal role in advancing Malaysia’s renewable energy landscape. The growth of the renewable energy market, particularly through initiatives like the Corporate Renewable Energy Supply Scheme (CRESS), directly enhances Malaysia's data center and AI roadmap by providing cost-effective and stable power solutions. The recent ultra-high voltage tariff hike for data centers has repositioned the CRESS program as a compelling and cost-effective alternative, offering a long-term hedge against future tariff increases. This stable and competitive energy supply is crucial for powering energy-intensive infrastructure like data centers, which are fundamental to developing and deploying Artificial Intelligence capabilities.

Companies within Malaysia are already actively integrating AI capabilities, including encrypted AI computing and AI-as-a-Service platforms, as well as sovereign computing platforms and high-performance Graphics Processing Unit (GPU) infrastructure, demonstrating a national commitment to leveraging deep technology and building a robust AI ecosystem. By driving renewable energy adoption through innovative solar installation services, Founder Group Limited helps ensure the availability of sustainable and economical power, thereby enabling the expansion of data centers and bolstering the computational backbone essential for Malaysia's AI advancements and digital economy.

Lee Seng Chi, Chief Executive Officer of Founder Group Limited, stated, “As a leading EPCC solutions provider, Founder Group is exceptionally well-positioned to leverage the robust growth projected for Malaysia's renewable energy sector. The significant pipeline of projects across LSS Petra 5, LSS Petra 5+, CRESS, and the burgeoning rooftop solar market, combined with favorable market conditions like bottoming solar panel prices, creates substantial opportunities for us. We remain committed to advancing Malaysia’s renewable energy goals by providing innovative solar installation services and promoting eco-friendly resources, aiming to drive top-line growth and enhance shareholder value.”

About Founder Group Limited

Founder Group Limited is a pure-play, end-to-end EPCC solutions provider for solar PV facilities in Malaysia. The company’s primary focus is on two key segments: large-scale solar projects and commercial and industrial (C&I) solar projects. The company’s mission is to provide customers with innovative solar installation services, promote eco-friendly resources and achieve carbon neutrality.

For more information on the Company, please visit https://www.founderenergy.com.my/.

Safe Harbor Statement

This press release contains forward-looking statements that reflect our current expectations and views of future events. Known and unknown risks, uncertainties and other factors, including those listed under “Risk Factors” in the Company’s filings with the U.S. Securities and Exchange Commission, may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. You can identify some of these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events that we believe may affect our financial condition, results of operations, business strategy and financial needs. These forward-looking statements involve various risks and uncertainties. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. We qualify all of our forward-looking statements by these cautionary statements.

CONTACT INFORMATION:

For media queries, please contact:

Founder Group Limited
info@founderenergy.com.my

Investor Relations Inquiries:

Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: info@skylineccg.com


FAQ

What is the total EPCC contract value expected for Founder Group Limited (FGL) through 2028?

Founder Group Limited is positioned to capitalize on up to RM17.4 billion (USD4.1 billion) in EPCC contract opportunities through 2028, representing a 40% increase in market value.

What major programs are driving FGL's growth in Malaysia's renewable energy sector?

Two major programs are driving growth: LSS Petra and LSS Petra 5+ (RM12 billion, 6GW capacity) and the CRESS program (RM5 billion, 2GW demand).

How much is the GCL Systems Integration Technology partnership worth for FGL?

FGL signed an MOU with GCL Systems Integration Technology for renewable energy projects valued at up to USD220 million across Malaysia and other ASEAN countries.

How is Founder Group Limited (FGL) contributing to Malaysia's AI and data center initiatives?

FGL is supporting Malaysia's AI and data center initiatives by providing sustainable and cost-effective power solutions through CRESS, while also exploring AI-powered solutions for their own project management and operations.

When are solar panel prices expected to bottom out, benefiting FGL?

Solar panel prices are expected to bottom out in 2025, which benefits EPCC players like FGL while posing cost risks for asset owners.
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