Founder Group Ltd (FGL) Stock Price Prediction

Founder Group Ltd. is a holding company, which engages in the supply and installation of solar system and other engineering works involving civil, structural, mechanical, and electrical engineering. The company is headquartered in Klang, Selangor. The company went IPO on 2024-10-23. The Company’s segments include Large-scale solar projects and Commercial & Industrial (C&I) projects. Large-scale solar projects are utility scale solar photovoltaic (PV) power plants with installed generating capacity of one megawatt alternating current or more. Large-scale solar projects are ground mounted and are designed to supply power to the power grid. C&I projects are smaller scale solar projects where the solar PV systems are installed on rooftops and are designed to generate electricity for commercial and industrial properties for their own consumption, such as factories, warehouses and commercial stores. The firm offers engineering and design, from initial conceptualization up to detailed system design. This includes designing the solar PV array and balance of system.