Founder Group Limited issued Class B ordinary shares as special one-time performance-based awards to Chairman and CEO Lee Seng Chi (431,515 shares valued at RM30 million) and Director Thien Chiet Chai (323,622 shares valued at RM22.5 million). The issuance was completed on September 3, 2026, subject to a vesting condition requiring the awardees to secure RM1.5 billion in future contract value within five years; unvested shares are redeemable for nil consideration if this target is not met. Founder Group Limited operates in the construction and engineering industry.
