Founder Group Limited Regains Compliance with Nasdaq’s Minimum Bid Price Requirement

About this update from Founder Group Limited

KUALA LUMPUR, Malaysia, March 03, 2026 (GLOBE NEWSWIRE) -- Founder Group Limited (NASDAQ: FGL) (“FGL” or the “Company”) today announced that on February 25, 2026, it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) confirming that the Company has regained compliance with Nasdaq’s minimum bid price requirement under Listing Rule 5550(a)(2) (the “Listing Rule”). Nasdaq determined that the closing bid price of the Company’s Class A ordinary shares has been at US$1.00 per share or greater. As a result, the Company has regained compliance with Nasdaq’s minimum bid price requirement. About Founder Group Limited Founder Group Limited is a pure-play, end-to-end EPCC solutions provider for solar PV facilities in Malaysia. The Company’s primary focus is on two key segments: large-scale solar projects and commercial and industrial (C&I) solar projects. The Company’s mission is to provide customers with innovative solar installation services, promote eco-friendly resources and achieve carbon-neutrality. For more information on the Company, please log on to https://www.founderenergy.com.my/ . Contact Information: Founder Group Limited Contact: Eric Lee Chief Executive Officer Telephone +03-3358 5638 Email: [email protected] Investor Relations Inquiries: Skyline Corporate Communications Group, LLC Scott Powell, President 1177 Avenue of the Americas, 5th Floor New York, New York 10036 Office: (646) 893-5835 Email: [email protected]

View stock analysis, news, and events for Founder Group Limited