Founder Group (FGL)

Provides end-to-end solar photovoltaic engineering, procurement, construction, and commissioning services in Malaysia. Large-scale solar projects, usually performed for project awarders or main contractors, sit alongside commercial and industrial rooftop systems where it generally contracts directly with owners. Contract services drive most revenue, while mounting structures and accessories are also sold.

Coordinates design, engineering, procurement, civil, mechanical, and electrical work, installation, grid integration, testing, commissioning, and handover, supported by in-house engineers and external contractors. A completed owned solar plant provides a small power-purchase-agreement income stream, while residential solar and a minority EV-charging holding remain outside reported segments. Operations depend on Malaysian solar policy, licenses and grid programs, project timing and customer concentration, contractor and supplier availability, financing, and the dual-class governance structure.