Founder Group secures contract valued at $2.6M in Malaysia

Founder Group (FGL) announces it has secured a contract worth RM11.6 million, approximately US$2.6 million, in Malaysia. The Company is contracting with a prominent solar installation company by project size in Malaysia and has a solid track record in the industry. It is also a major supplier of solar PV mounting structural system that is designed in-house, and the sole supplier and implementor of ground mounted tracking system in Malaysia. This partnership will be a construction contract that is expected to be completed in 2 years. Upon completion of the facility construction, the Company will sign an Operations and Maintenance agreement which will provide benefits over the next 15 to 21 years.