Founder Group Limited announced a 100-for-1 share consolidation to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing. The combination became effective on September 1, 2026, when Class A shares began trading on an adjusted basis under the same symbol but a new CUSIP number. Prior to the split, there were approximately 7,369,159 Class A shares and 186,358 Class B shares outstanding; post-combination, these figures reduced to approximately 73,693 Class A shares and 1,865 Class B shares. Fractional shares resulting from the consolidation were rounded up to the nearest whole number via bonus shares. Founder Group Limited is a pure-play, end-to-end EPCC solutions provider for solar PV facilities in Malaysia.
