Founder Group Limited’s SEC filings document the public-company disclosures of a British Virgin Islands-incorporated foreign private issuer operating in Malaysia’s solar PV EPCC market. Its Form 6-K reports include interim financial statements, management discussion and analysis, material-event disclosures and corporate-development updates tied to its solar project business.
The filings also cover shareholder voting matters, annual and extraordinary general meeting results, auditor appointments, amendments to the memorandum and articles of association, and capital-structure changes. Disclosure topics include the company’s Class A and Class B ordinary shares, enhanced voting rights for Class B shares, secured convertible note financing, registration obligations, and Nasdaq-related share and governance matters.
Founder Group Limited (FGL) regained compliance with Nasdaq’s minimum publicly held shares requirement under Listing Rule 5550(a)(4). Nasdaq said its determination was based on the company’s October 9, 2026 confirmation that it had 541,791 publicly held shares, against a minimum of 500,000 shares. Nasdaq’s letter, dated October 19, 2026, said the matter is now closed; the company had been notified of its noncompliance on September 16, 2026.
Founder Group Ltd (FGL) approved and issued special one-time performance-based equity awards to chairman and CEO Lee Seng Chi and director Thien Chiet Chai in the form of Class B ordinary shares. On September 2, 2026, the board and compensation committee granted Mr. Lee an award valued at RM30,000,000 (approximately US$7,435,000), satisfied by 431,515 Class B shares, and Mr. Thien an award valued at RM22,500,000 (approximately US$5,576,000), satisfied by 323,622 Class B shares. The Class B shares were issued and allotted on September 3, 2026 and are subject to a vesting condition requiring the two awardees to cumulatively secure at least RM1,500,000,000 in future contract value for the company and its subsidiaries within five years from the award date. Until this condition is met, the shares cannot be sold, transferred, disposed of, or converted into Class A ordinary shares, and the company may redeem any unvested Class B shares for nil consideration if the vesting condition is not achieved.
Founder Group Limited (FGL) has implemented a 100-for-1 share combination of its authorised, issued, and outstanding shares, effective for marketplace trading on September 1, 2026, to help regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its Nasdaq Capital Market listing.
Each 100 existing ordinary shares automatically combine into one share, with no action required by shareholders, and fractional positions are rounded up through issuance of bonus shares. After the share combination, issued and outstanding shares are approximately 73,693 Class A Shares and 1,865 Class B Shares, down from 7,369,159 and 186,358 respectively.
Founder Group Ltd (FGL) reported mixed trading by major shareholder HRT FINANCIAL LP, a ten percent owner. On 2026-08-31 it sold 395,774 shares of Common Stock at $0.152 per share, after purchasing 107,076 shares at $0.163 per share on 2026-08-28. Post-transaction share holdings were not reported in this filing.
Founder Group Ltd (FGL) reported insider activity by major shareholder HRT Financial LP. On 26 August 2026, HRT Financial LP sold 15,788 shares of common stock at $0.224 per share. On 27 August 2026, it purchased 93,151 shares at $0.171 per share, resulting in a net share purchase over the two days.
Founder Group Ltd (FGL) received a Schedule 13G filing indicating that Marex Financial and Marex Group plc have become significant shareholders of its Class A shares. The reporting persons beneficially own 54,407 Class A shares, representing 5.17% of the class.
Marex Financial and Marex Group plc, both organized in the United Kingdom, report sole voting power and sole dispositive power over all 54,407 shares, with no shared voting or dispositive power. The filing is signed by Corporate Secretary Scott Linsley on behalf of the reporting entities.
Founder Group Ltd (FGL) reported that major shareholder HRT Financial LP, a ten percent owner, conducted mixed open-market trades in its common stock. On 2026-08-25 HRT Financial purchased 232,055 shares at $0.225 per share, and on 2026-08-24 it sold 71,987 shares at $0.278 per share, resulting in a net purchase of 160,068 shares across the two days.
Founder Group Ltd (FGL) reports that it has amended the pricing terms of two financing instruments with institutional investors. A secured convertible promissory note issued to Streeterville Capital, LLC in an original principal amount of $16,070,000 is amended so that its conversion price is now the lower of 85% of the lowest daily volume-weighted average price (VWAP) over the ten prior trading days or 85% of the lowest intraday hourly VWAP on the conversion measurement date.
The company also amended Pre-Paid Purchase #1 issued to Avondale Capital, LLC in an original principal amount of $1,080,000, changing the purchase share price to the lower of 85% of the lowest daily VWAP over the ten prior trading days or 85% of the lowest intraday hourly VWAP on the purchase notice date. Both amendments state that no additional cash or property consideration was given for these changes and that all other terms of the original agreements remain in full force and effect.
Founder Group Ltd (FGL) reported insider trading activity by HRT FINANCIAL LP, a ten percent owner. On August 20, 2026, HRT FINANCIAL LP sold 146,713 shares of common stock at $0.326 per share in an open market or private transaction. On August 21, 2026, it purchased 76,711 shares at $0.265 per share. Overall, the reported trades represent a net sale of 70,002 shares. Post-transaction share holdings are not stated in this report.
Founder Group Ltd (symbol: FGL) is the issuer of record for a Form 4 filing submitted to the SEC.