Founder Group Secures New Solar Contracts Worth Over $1.5 Million in Malaysia

Reuters

2025/06/11

Founder Group Secures New Solar Contracts Worth Over $1.5 Million in Malaysia

Founder Group Limited (NASDAQ: FGL) has announced the securing of additional contracts in Malaysia, amounting to approximately US$1.5 million, with prominent solar installation companies. These contracts include a RM3.4 million (approximately US$806,193) agreement for the engineering, procurement, construction, and commissioning of a 29.99 megawatt large-scale solar photovoltaic plant in Bukit Badong, Selangor. Additionally, the company received a RM2.8 million (approximately US$662,452) contract for a solar PV project. These developments are expected to bolster Founder Group's revenue growth and operational capabilities while supporting Malaysia's renewable energy goals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Founder Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9466789-en) on June 11, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/FGL\">Founder Group Ltd</a>. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9466789-en) on June 11, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2210149790.SGD","symbol_name":"Natixis Thematics Subscription Economy R/A SGD-H","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250611:nNDL4yYrgl:1","article_id":"2542581687","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542581687","pubTimestamp":1749643245,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Founder Group Limited  has announced the securing of additional contracts in Malaysia, amounting to approximately US$1.5 million, with prominent solar installation companies. 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