Selangor, Malaysia — February 6, 2026 — Leads & Copy — Founder Group Limited (FGL) announced a share combination at a ratio of 100 for 1, effective February 10, 2026.
The company is enacting the share combination to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its Nasdaq listing.
Trading of the company’s Class A shares will begin on an adjusted basis on February 10, 2026, on the Nasdaq Capital Market under the ticker “FGL,” but with a new CUSIP number, G3662E121.
The share combination will automatically combine and convert each 100 ordinary shares into one issued and outstanding ordinary share without shareholder action. Shareholders holding fractional shares will receive bonus shares to round their holdings to the nearest whole number.
Prior to the combination, there are 32,178,109 Class A Shares and 9,324,733 Class B shares issued and outstanding. After the combination, there will be approximately 321,781 Class A Shares and approximately 93,247 Class B Shares issued and outstanding.
Founder Group Limited is an EPCC solutions provider for solar PV facilities in Malaysia, focusing on large-scale solar projects and commercial and industrial (C&I) solar projects. The company aims to provide innovative solar installation services, promote eco-friendly resources, and achieve carbon-neutrality.
Source: Founder Group Limited
