Founder Group Ltd. is a holding company, which engages in the supply and installation of solar systems and other engineering works involving civil, structural, mechanical, and electrical engineering. It operates through the Large-Scale Solar and Commercial and Industrial segments. The Large-Scale Solar segment offers ground mounted solar projects designed to supply power to the power grid. The Commercial and Industrial segment provides solar projects systems installed on rooftops designed to generate electricity for commercial and industrial properties such as factories, warehouses, and commercial stores. The company was founded by Lee Seng Chi on April 13, 2021 and is headquartered in Klang, Malaysia.
Founder Group Secures US$1.5 million EPCC Subcontract under Malaysia's Corporate Green Power Programme for 29.99MWac Large-Scale Solar Facility in Kedah
Founder Energy Sdn Bhd, a subsidiary of Founder Group, secured a RM6.05 million (approx. US$1.5 million) subcontract for the EPCC of a 29.99MWac solar facility in Kedah under Malaysia’s Corporate Green Power Programme.
The award supports the company’s growing tender book in the renewable sector, aligning with Malaysia’s target of 70% renewable energy capacity by 2050.
CEO Lee Seng Chi noted that the award reflects trust in the company’s execution capabilities and positions it to capture a larger share of the pipeline as the industry scales.