Founder Group Limited Ordinary Shares (FGL)
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Founder Group Limited Receives NASDAQ Notification Regarding Minimum Publicly Held Shares Deficiency
Published: February 20, 2026 by: GlobeNewsWire
Sentiment: Neutral
SELANGOR, Malaysia, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Founder Group Limited (Nasdaq: FGL) (“FGL” or the “Company”), announced today that on February 17, 2026, the Company received a letter from the Listing Qualifications Department of Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that since it no longer meets the minimum 500,000 publicly held shares requirement under Nasdaq Listing Rule 5550(a)(4) for the Nasdaq Capital Market, it no longer complies with the Listing Rules for continued listing.
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Founder Group Limited Receives NASDAQ Notification Regarding Minimum Publicly Held Shares Deficiency
Published: February 20, 2026 by: GlobeNewsWire
Sentiment: Neutral
SELANGOR, Malaysia, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Founder Group Limited (Nasdaq: FGL) (“FGL” or the “Company”), announced today that on February 17, 2026, the Company received a letter from the Listing Qualifications Department of Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that since it no longer meets the minimum 500,000 publicly held shares requirement under Nasdaq Listing Rule 5550(a)(4) for the Nasdaq Capital Market, it no longer complies with the Listing Rules for continued listing.
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About Founder Group Limited Ordinary Shares (FGL)
- IPO Date 2020-01-24
- Website https://www.founderenergy.com.my
- Industry Engineering & Construction
- CEO Seng Chi Lee
- Employees 82