Founder Group Secures Conditional Letter of Award Worth Approximately US$68 Million for a 100MW Solar Farm in Malaysia
Founder Group Limited - Ordinary Shares (FGL)
Last founder group limited - ordinary shares earnings: 11/15 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
fidelity.com
Company Research
Source: GlobeNewswire
KUALA LUMPUR, Malaysia, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), is proud to announce that it has been awarded a conditional Letter of Award (LOA), valued at approximately US$68 million (around RM299,260,000), for the development of a 100-megawatt solar farm in Tanjung Malim, Malaysia. Spanning 900 acres, the solar farm will serve as a critical energy source, providing 100MW of export capacity to power an advanced AI data center in Enstek City, Malaysia. Founder Group will act as the Engineering, Procurement, and Construction (EPC) partner for this transformative project. Hexatoff Group Sdn. Bhd. (“Hexatoff Group”), the key collaborator in this project, is a turnkey solutions provider specializing in infrastructure and building construction. The company is registered with the Ministry of Finance Malaysia and holds the nation’s highest-grade construction license (G7). This partnership is poised to strengthen Malaysia
Show less
Read more
Impact Snapshot
Event Time:
FGL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FGL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FGL alerts
High impacting Founder Group Limited - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
FGL
News
- Founder Group Enters the US$180 Billion AI Market With AI-Powered Drone Technology for Solar Farm InspectionsGlobeNewswire
- 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
- Founder Group Limited Announces Closing of Initial Public OfferingGlobeNewswire