Founder Group Limited Announces Pricing 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, Malyasia, Oct. 22, 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 pricing of its 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, before deducting underwriting discounts and offering expenses. In addition, the Company has granted the underwriters a 45-day option (the “Over-Allotment Option”) to purchase up to an additional 182,813 ordinary shares at the initial public offering price, less underwriting discounts. The ordinary shares are scheduled to begin trading on the Nasdaq Capital Market on October 23, 2024, under the ticker symbol “FGL”. The Offering is expected to close on or about October 24, 2024, subject to customary closing conditions. US Tig
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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