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FGL on Nasdaq

Founder Group Ltd

Founder Group Ltd is a construction - special trade contractors company in the British Virgin Islands.1 Its shares trade on Nasdaq under the symbol FGL.1

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Last updated Oct 21, 2026.

Overview

$20.2MRevenue, fiscal 20242
-$1.2MNet income, fiscal 20242

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  • TickerFGL on Nasdaq1
  • IndustryConstruction - Special Trade Contractors1
  • HeadquartersD81
  • Incorporated inVirgin Islands, British3
  • Business addressNo. 17, Jalan Astana 1D, Bandar Bukit Raja, 41050 Klang, Selangor Darul Ehsan3
  • Filer categoryNon-accelerated filer, Emerging growth company3

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14, 2025, as a private company limited by shares organized under the laws of Thailand, which is a 99.99%-owned subsidiary of Founder Group.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

6.9%Gross margin2
-5.7%Net margin2
-30.1%Return on equity2
0.12×Debt to equity2
-$1.7MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue86¢$18.8M
  • Selling, general and admin12¢$2.6M
  • Interest2¢$428.1K
  • Income tax1¢$111.8K

Out of $20.2M in revenue.2 The company lost money this year.

Financial statements

Fiscal year202220232024
Revenue$20.2M2
Cost of revenue$18.8M2
Gross profit$1.4M2
Selling, general and admin$2.6M2
Interest$428.1K2
Income before tax-$1.3M2
Income tax-$111.8K2
Net income-$1.2M2
Earnings per share-$0.062
Earnings per share (diluted)-$0.062
Shares (weighted, basic)15.7M shares215.7M shares217.7M shares2
Shares (weighted, diluted)15.7M shares215.7M shares217.7M shares2

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Corporate structure

Founder Group Ltd sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Founder Group Ltd

  • Founder Group Ltd D8

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Founder Group Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$5.9M2 Dec 31, 2024
Operating-lease assets (leased space)$165.2K2 Dec 31, 2024

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.0M2 Dec 31, 2024$434.7K2 Dec 31, 2023+134.5%

Inventory

ItemLatestA year beforeChange
Inventory, total$681.4K2 Dec 31, 2024

Leadership

Who has led Founder Group Ltd, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Seng Chi Lee2026–now

Chief financial officer

  1. Sian Seong See2026–now
Board members and other officers (3)

Timeline

  1. Mar 18, 2026New chief executive Seng Chi Lee becomes CEO5

Filings

81 filings to the SEC since October 2021: 2 annual reports, 15 insider forms, 8 large holders, 56 other. The latest 20:

  1. Sep 21, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  2. Sep 4, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  3. Sep 1, 20264 PRIMARY DOCUMENT EDGAR
  4. Aug 28, 20264 PRIMARY DOCUMENT EDGAR
  5. Aug 27, 2026SCHEDULE 13G EDGAR
  6. Aug 26, 20264 PRIMARY DOCUMENT EDGAR
  7. Aug 26, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  8. Aug 24, 20264 PRIMARY DOCUMENT EDGAR
  9. Aug 24, 20264 EDGAR
  10. Aug 24, 20264 EDGAR
  11. Aug 21, 20264 PRIMARY DOCUMENT EDGAR
  12. Aug 19, 20264 PRIMARY DOCUMENT EDGAR
  13. Aug 18, 20264 PRIMARY DOCUMENT EDGAR
  14. Aug 18, 20263 PRIMARY DOCUMENT EDGAR
  15. Aug 14, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  16. Jul 20, 2026SCHEDULE 13D/A EDGAR
  17. Jul 20, 20264 EDGAR
  18. Jul 20, 2026SCHEDULE 13D EDGAR
  19. Jul 20, 20263 EDGAR
  20. Jul 13, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR

The 81 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

12 open-market trades by officers, directors and large owners since October 2021: 7 buys and 5 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 31, 2026HRT FINANCIAL LP10% ownerSale395,774$0.15$59.4KForm 4
Aug 28, 2026HRT FINANCIAL LP10% ownerBuy107,076$0.16$17.1KForm 4
Aug 27, 2026HRT FINANCIAL LP10% ownerBuy93,151$0.17$15.8KForm 4
Aug 26, 2026HRT FINANCIAL LP10% ownerSale15,788$0.22$3.5KForm 4
Aug 25, 2026HRT FINANCIAL LP10% ownerBuy232,055$0.23$53.4KForm 4
Aug 24, 2026HRT FINANCIAL LP10% ownerSale71,987$0.28$20.2KForm 4
Aug 21, 2026HRT FINANCIAL LP10% ownerBuy76,711$0.27$20.7KForm 4
Aug 20, 2026HRT FINANCIAL LP10% ownerSale146,713$0.33$48.4KForm 4
Aug 19, 2026HRT FINANCIAL LP10% ownerBuy15,329$0.38$5.8KForm 4
Aug 18, 2026HRT FINANCIAL LP10% ownerBuy61,617$0.38$23.4KForm 4
Aug 17, 2026HRT FINANCIAL LP10% ownerSale31,427$0.39$12.3KForm 4
Aug 14, 2026HRT FINANCIAL LP10% ownerBuy24,050$0.41$9.9KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Founder Group Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARFounder Group Ltd1
  • CIK0001989930
  • Filer statusNon-accelerated filer an emerging growth company; not a shell company4
  • Incorporated inBritish Virgin Islands4
  • Fiscal year endsDecember 311
  • Industry code (SIC)1700 Construction - Special Trade Contractors1
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
  • Business addressNo. 17, Jalan Astana 1D, Bandar Bukit Raja, 41050 Klang, Selangor Darul Ehsan, Malaysia1
  • Phone603-3358 56381
  • Shares outstanding29,033,700 Class A Ordinary Shares shares; 4,000,000 Class B Ordinary Shares shares as of Dec 31, 20254
  • AuditorJP CENTURION & PARTNERS PLT, Kuala Lumpur, Malaysia PCAOB ID 6723; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceFeb 21, 20241
  • Filings81 in all: 6-K (21), 4 (10), CORRESP (6), UPLOAD (6), 3 (5), EFFECT (4), SCHEDULE 13G (4), F-1 (3)1
    All 23 form types

    144 (2), 20-F (2), 424B3 (2), DRS/A (2), DRSLTR (2), F-1/A (2), SCHEDULE 13D (2), 424B1 (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), POS AM (1), SCHEDULE 13D/A (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (20-F) Apr 28, 2026

Securities registered for trading

ClassSymbolExchange
Class A Ordinary SharesFGLThe Nasdaq Stock Market LLC

From the cover page of the 20-F filed Apr 28, 2026 (Section 12(b) of the Exchange Act).4

Sources

The numbers on this page point here. Each one links to the record it came from.

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