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- Founder Group (FGL) priced its initial public offering of an aggregate 1,218,750 ordinary shares at a public offering price of $4.00 per share.
- Total gross proceeds are expected to be $4.875M.
- Underwriters have a 45-day option to purchase up to an additional 182,813 ordinary shares at the IPO price.
- Founder Group is a pure-play, end-to-end EPCC solutions provider for solar PV facilities in Malaysia.
