FOUNDER GROUP LIMITED(NASDAQ: FGL): REALISING THE JOURNEY TO IPO

Founder Group Limited (Nasdaq: FGL) is a company involved in the renewable energy sector, specialised in providing engineering, procurement, construction and commissioning services for different scales of solar projects.

Founder Group Limited is a subsidiary of a Malaysian publicly listed company that has successfully completed a spin-off and is listed on Nasdaq.

FGL launched its IPO in October 2024, offering a total of over 1.4 million shares at USD $4 each, successfully raising over USD $5 million with USD $77.96 million market capitalization. FGL has a track record of profitability and a clear growth strategy, focusing on expanding its services across borders.

Industry	Renewable Energy
Location	Malaysia
Listing Type	IPO
Exchange	Nasdaq
Total Raise	>$5 million
Our Services & Support	End-to-end IPO & capital markets advisory services.

Key Highlights from FGL’s IPO:

Lead the IPO Journey – from Planning to Execution

Upon assessing the company, we created the ideal structure for FGL with optimum valuation and executed the IPO roadmap through to completion.

Completed a Successful Spin-Off with US Listing

We guided FGL through complex listing regulations and market environments, successfully assisting a Malaysian publicly-listed company in the strategic spin-off of its subsidiary, FGL, which culminated in a successful listing on the Nasdaq.

Built Strong Investors Network & Confidence for IPO

We provide support through global investor profiling, presentation preparation, and the organization of investment roadshows. The IPO roadshow in Hong Kong was successfully completed, and the compelling equity narrative we developed attracted strong investor interest while effectively reinforcing investors’ confidence in FGL’s IPO investment potential.

Secured Firm Underwriting Commitment For IPO

We introduced and collaborated with an underwriter from our network to secure a firm commitment offering for FGL’s IPO.