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0.0650887573964496 0.0552268244575938 0.0355029585798817 0.0355029585798817 0.0157790927021695 0.0128205128205128 0.0157790927021695 -0.0493096646942801
Stock impact report

VCI Global Completes Founder Group Limited’s IPO on Nasdaq, Records US$5.2 Million in Revenue

VCI Global Limited - Ordinary Share (VCIG) 
Company Research Source: GlobeNewswire
KUALA LUMPUR, Malaysia, Oct. 24, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global” or the “Company”) is thrilled to announce the successful IPO of its client, Founder Group Limited’s (NASDAQ: FGL) (“FGL”) on Nasdaq on October 23, 2024. FGL is a leading Malaysian solar engineering, procurement, construction and commissioning (EPCC) company that was spun off from Reservoir Link Energy Berhad, a Bursa Malaysia-listed company. With expertise in capital market consultancy, VCI Global facilitated FGL’s entire IPO journey, culminating in its trading debut on Wednesday, which resulted in a market capitalization exceeding US$65 million and raised US$4.875 million. FGL is recognized as the market leader in Malaysia’s solar EPCC sector, providing end-to-end EPCC solutions for solar photovoltaic (PV) facilities. With a proven track record of delivering over 400 Megawatt peak (MWp) solar power plants in Malaysia, FGL’s expertise spans both large-scale sol Show less Read more
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