Founder Group Limited Announces Closing of Initial Public Offering
Founder Group Limited - Ordinary Shares (FGL)
Last founder group limited - ordinary shares earnings: 11/15 04:15 pm
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Source: GlobeNewswire
SELANGOR, Malaysia, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Founder Group Limited (“FGL” or the “Company”), a pure-play, end-to-end engineering, procurement, construction and commissioning (EPCC) solutions provider for solar PV facilities in Malaysia, today announced the closing of its previously announced initial public offering (the “Offering”) of an aggregate 1,218,750 ordinary shares at a public offering price of $4.00 per share for total gross proceeds of $4.875 million to the Company, before deducting underwriting discounts and offering expenses. The shares began trading on the Nasdaq Capital Market on October 23, 2024, under the ticker symbol “FGL.” US Tiger Securities, Inc. (“US Tiger”) acted as sole underwriter for the Offering. Hunter Taubman Fischer & Li LLC acted as U.S. legal counsel to the Company, and Sichenzia Ross Ference Carmel LLP acted as U.S. legal counsel to US Tiger. The Offering was conducted pursuant to the Company’s registration statement on Form F-1 related t
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- Founder Group Enters the US$180 Billion AI Market With AI-Powered Drone Technology for Solar Farm InspectionsGlobeNewswire
- Founder Group Secures Conditional Letter of Award Worth Approximately US$68 Million for a 100MW Solar Farm in MalaysiaGlobeNewswire
- Founder Group Expands Southeast Asia Presence With Proposed Acquisition of Vietnam-Based Renewable Energy CompanyGlobeNewswire
- Founder Group Secures Multiple Contracts Worth Approximately US$5.5 MillionGlobeNewswire
- Founder Group Limited Announces USD$3.8 million New Solar EPCC Photovoltaic ContractGlobeNewswire