Founder Group Ltd (FGL) SEC Filings, Jul-Aug 2026

Founder Group Ltd (FGL) reported that major shareholder HRT FINANCIAL LP, identified as a ten percent owner, purchased 24,050 shares of Common Stock on 2026-08-14 at $0.407 per share in an open market or private transaction. Following this buy, HRT FINANCIAL LP holds 142,555 shares with direct ownership, and the trade was not made under a Rule 10b5-1 trading plan.

Founder Group Ltd (FGL) reported that HRT FINANCIAL LP is a ten percent owner of its equity. HRT FINANCIAL LP holds 118,505 shares of Common Stock, reported as directly owned. This is an initial ownership report and does not describe any recent share purchases or sales.

Founder Group Limited approved new remuneration arrangements for its chairman and chief executive officer, Mr. Lee Seng Chi, director Mr. Thien Chiet Chai, and each independent director for a 12‑month period commencing June 11, 2026.

The arrangements include share-based compensation for Mr. Lee and Mr. Thien, to be settled in newly issued Class B ordinary shares. Each month’s share grant will be calculated by dividing the monthly share-based compensation amount by the closing price of the Company’s Class A ordinary shares on Nasdaq on the last trading day of that month. These Compensation Shares will be issued on the 15th day of the following month.

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.