Welcome to our dedicated page for Founder Group SEC filings (Ticker: FGL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. SEC filings for Founder Group Limited (NASDAQ: FGL), a foreign private issuer incorporated in the British Virgin Islands and focused on EPCC services for solar PV facilities in Malaysia. The company files reports such as Form 6-K to disclose financial information, corporate actions, financing arrangements and other material developments.
In its Form 6-K submissions, Founder Group has reported unaudited condensed consolidated interim financial statements and related management’s discussion and analysis for specified periods, giving insight into its financial condition and results of operations. These filings also include Inline XBRL data files that structure the financial information for further analysis.
The company uses Form 6-K to document shareholder meeting outcomes, including resolutions from annual and extraordinary general meetings. Examples include approval of director fees, auditor appointments, amendments to the memorandum and articles of association, and the introduction of a dual class share structure with Class A and Class B ordinary shares.
Founder Group’s filings also describe capital markets and financing transactions, such as the adoption of Class A ordinary shares for trading on the Nasdaq Capital Market and the issuance of a secured convertible promissory note to an institutional investor. Related agreements, including a securities purchase agreement, deposit account control agreement, guaranty and pledge agreement, are filed as exhibits for detailed review.
Regulatory documents further cover matters like Nasdaq trading symbol information, explanatory notes regarding major projects disclosed via press release and the company’s obligations to file registration statements for resale of conversion shares. With AI-powered summaries, users can quickly understand the key points of each filing, from governance changes to financing terms, while still having access to the full original documents and exhibits.
Founder Group Limited entered into a secured convertible note financing with Streeterville Capital for an original principal amount of $16,070,000. The note includes a $1,050,000 original issue discount and $20,000 of transaction expenses, and bears simple interest at 6% per year. It is convertible into Class A Ordinary Shares at a price equal to 82.5% of the lowest daily volume-weighted average price over ten consecutive trading days before the measurement date, with the investor able to demand cash repayment instead of shares if the conversion price is below $0.06874.
At closing, the investor paid $3,000,000 directly to the company and $12,000,000 into a controlled deposit account of wholly owned subsidiary Founder Capital, LLC to secure the note. The company’s obligations are further secured by a guaranty from Founder Capital and a pledge of its equity. Founder Group also agreed to file a Form F-1 registration statement within 30 days to register at least 230,000,000 Class A Ordinary Shares for the investor’s resale of conversion shares.
Founder Group Limited filed a Form 6-K as a foreign private issuer to provide materials for its 2025 Annual General Meeting of Shareholders. The company is incorporated in the British Virgin Islands and operates from Selangor, Malaysia.
The filing furnishes three key documents as exhibits: a formal notice of the 2025 Annual General Meeting of Shareholders, a proxy form for shareholders to cast their votes, and an Amended and Restated Memorandum and Articles of Association of Founder Group Limited. The report is signed on behalf of the company by Chief Executive Officer, Director, and Chairman of the Board, Lee Seng Chi.
Founder Group Limited reported a Heads of Agreement with PLANET QEOS Sdn. Bhd. to jointly develop a large-scale renewable energy facility in Sarawak, Malaysia, valued at up to RM1.16 billion [USD276 million]. The project is described as a 310 MWp solar-plus-storage development anchoring a regional green data centre.
The parties intend to form a special purpose vehicle, with Founder Group to hold 45% and PLANET QEOS 55%, and expect to enter a joint venture and shareholders’ agreements to govern the SPV. The arrangement sets a commercial framework and completion is subject to the negotiation and execution of definitive agreements and customary closing conditions.
Founder Group Ltd filings show that Avondale Capital, LLC and related reporting persons beneficially own 1,939,587 ordinary shares, representing
Founder Group Limited ("FGL") reported the outcomes of its 8 July 2025 virtual extraordinary general meeting via this Form 6-K. Shareholders approved an amended and restated memorandum and articles of association that introduces a dual-class capital structure. Two new classes of ordinary shares were created: Class A shares (one vote per share) and Class B shares (twenty votes per share). Both classes carry identical economic rights, including dividend and liquidation entitlements.
The meeting also authorised specific share redesignations: (1) the 2 million ordinary shares held by Chief Executive Officer Lee Seng Chi and (2) the 2 million shares held by Reservoir Link Energy Bhd were converted into Class B shares; all remaining ordinary shares were redesignated as Class A shares. These resolutions took effect immediately following shareholder approval and were formally disclosed on 14 July 2025.
The new structure preserves pari-passu economic treatment but materially redistributes voting power, concentrating effective control with the holders of Class B shares—chiefly the CEO and a strategic investor—while reducing the relative influence of public shareholders. No financial performance, earnings, or transactional data accompanied this governance-focused filing.
Founder Group Limited (FGL) has filed a Form 6-K reporting key corporate governance developments. The company has announced an upcoming 2025 Extraordinary General Meeting of Shareholders and has furnished three important documents:
- Notice of the 2025 Extraordinary General Meeting
- Proxy Form for shareholder voting
- Amended and Restated Memorandum and Articles of Association
The filing was signed by Lee Seng Chi, who serves as Chief Executive Officer, Director, and Chairman of the Board. The Malaysia-based company, incorporated in the British Virgin Islands, confirms it files annual reports under Form 20-F. This filing suggests potential significant corporate governance changes or strategic decisions requiring shareholder approval, though specific agenda items are not detailed in this report.
FAQ
What is the current stock price of Founder Group (FGL)?
What is the market cap of Founder Group (FGL)?
