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Founder Group secures additional contracts with solar installation companies

Founder Group (FGL) announces that it has secured additional contracts with prominent solar installation companies in Malaysia. The Company secured a contract totaling RM3.4 million engineering, procurement, construction, and commissioning contract for the development of a 29.99 megawatt large-scale solar photovoltaic plant in Bukit Badong, Selangor. The Founder Group will be responsible for the mechanical and wiring of the facility. Further, the Company secured an additional contract valued at RM2.8 million from the same business that Founder Group contracted with on a previous solar PV project deal which was announced earlier in the year. The business that the Company contracted with has a solid track record in the industry focusing in investment of renewable energy assets throughout Malaysia.

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