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.
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 Ltd shareholder Lee Seng Chi reports aggregate beneficial ownership of 1,665,060 shares, stated as representing 6.24% of the company’s Class A share class. He holds 26,080 Class A shares and 81,949 Class B shares directly.
The company implemented a 100-for-1 reverse share split on February 10, 2026, after which he held 26,080 Class A and 51,949 Class B shares. On June 11, 2026, he received a 30,000-share Class B grant from the issuer as bonus payments for securing engineering, procurement, construction and commissioning contracts for large-scale solar photovoltaic plants in Malaysia. Each Class A share carries one vote and each Class B share carries twenty votes; the ownership percentage is calculated assuming all Class B Shares are converted into Class A Shares, with a total of 1,731,736 shares on that as-converted basis.
LEE SENG CHI reported acquisition or exercise transactions in this Form 4 filing.
Founder Group Ltd reports that Chief Executive Officer Lee Seng Chi received a grant of 30,000 Class B Ordinary Shares on June 11, 2026 as performance bonus compensation in lieu of a $60,000 cash payment, based on a $2.00 share price set by the board. Following this award, he directly holds 81,949 Class B and 26,080 Class A Ordinary Shares.
Founder Group Ltd has two reporting persons disclosing beneficial ownership of its Class A shares listed on the Nasdaq Capital Market under the symbol FGL. Thien Chiet Chai, a non-executive director of the company and an executive director of Reservoir Link Energy Bhd, reports beneficial ownership of 2.38% of the Class A shares on an as-converted basis, with sole voting and dispositive power over 825,980, representing 41,299 Class B shares.
Reservoir Link Energy Bhd reports beneficial ownership of 4.42% of the Class A shares on an as-converted basis, with sole voting and dispositive power over 456,500, representing 56,500 Class A shares and 20,000 Class B shares. Class B shares are convertible into Class A shares on a one-for-one basis and carry twenty votes per share versus one vote for each Class A share. A 100-for-1 reverse share split occurred on February 10, 2026, and on June 11, 2026, Thien Chiet Chai received a bonus grant of 20,000 Class B shares for securing large solar photovoltaic plant contracts in Malaysia. The reporting persons state they have no specific current plans for major corporate actions but may review and change their intentions over time.
Founder Group Ltd director Thien Chiet Chai reports direct ownership of 41299.0000 Class B Ordinary Shares as of 2026-01-08. The disclosure reflects a holdings entry only, with no reported purchases, sales, or derivative securities positions.
Founder Group Limited reports that on June 11, 2026, its board approved one-time discretionary Special Bonus Awards in the form of Class B shares. These awards were granted to chairman, director and chief executive officer Mr. Lee Seng Chi and director Mr. Thien Chiet Chai in recognition of their past contributions to the company and its subsidiaries.
Founder Group Limited reports two financing transactions with institutional investors. On June 30, 2026, it agreed with Streeterville Capital to carve out a new secured convertible note into a separate US$8,000,000 Partitioned Note and immediately exchange it for a new secured non-convertible promissory note in the same principal amount, bearing 6% annual interest and maturing on December 11, 2027. This effectively converts part of an earlier US$16,070,000 secured convertible obligation into straight debt with a defined maturity and coupon.
On July 6, 2026, Founder Group entered a securities purchase agreement with Avondale Capital for one or more Pre-Paid Purchases of its Class A ordinary shares with an aggregate purchase amount of up to $20,000,000. The company issued an initial Pre-Paid Purchase of $1,080,000, subject to a $70,000 original issue discount and a $10,000 transaction expense amount. Subsequent Pre-Paid Purchases will carry a 7% original issue discount and accrue 8% annual interest, providing a structured way to raise additional capital over time.
Founder Group Limited files a prospectus to register the resale of up to 900,000 Class A Ordinary Shares by the selling shareholder, Streeterville Capital, LLC, representing shares issuable upon conversion of a secured convertible promissory note. The prospectus states the company will not receive any proceeds from these resales.
The Note was issued in a private placement with an original principal amount of $16,070,000 and $15,000,000 in aggregate gross proceeds received by the company. The Note converts at 82.5% of the lowest daily VWAP during ten consecutive trading days preceding a measurement date, subject to a $6.874 floor price and a 9.99% beneficial ownership limit.
Founder Group Limited files a post-effective amendment converting its Form F-1 into a Form F-3 and registers for resale up to 900,000 Class A Ordinary Shares held by the Selling Shareholder. The shares are issuable upon conversion of a secured convertible promissory note dated December 11, 2025, issued in a private placement.
The prospectus states the Company will not receive proceeds from resales, confirms we paid legal and listing registration costs, and discloses 894,247 Class A Ordinary Shares outstanding prior to this registration and 1,794,247 shares pro forma if all 900,000 registered shares are issued.
Founder Group Limited files its 2025 Form 20-F, highlighting a project-based solar EPCC business in Malaysia focused on large-scale and commercial & industrial rooftop projects. Revenue was RM120,697,610 (approximately US$29,721,156) in 2025, up 33.6% from 2024 after a prior-year decline.
The company remained loss-making, with a 2025 net loss of RM7,275,141 (approximately US$1,791,465) following a 2024 net loss of RM5,150,005. Results are heavily driven by large-scale solar work, which contributed 61% of 2025 revenue, and a concentrated customer base where three clients provided 57% of 2025 revenue.
Founder Group discloses regulatory and operational risks in Malaysia, including a historical breach of contract-reporting rules that may trigger fines, dependence on subcontractors and key suppliers, and the need to maintain licenses. Capital structure risks include a dual class share system concentrating voting power, Nasdaq listing vulnerabilities, dilutive private placements, and a US$16,070,000 secured convertible note issued in December 2025.