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Founder Group Signs Heads Of Agreement With Planet QEOS For $276M Renewable Energy Project In Sarawak As Part Of Baram DeepTech Energy Programme

Author: Benzinga Newsdesk | September 26, 2025 07:39am

Founder Group Limited (NASDAQ: FGL) ("FGL" or "the Company") today announced the execution of a Heads of Agreement with Planet QEOS Sdn. Bhd. for the joint development of a pioneering, large-scale renewable energy facility in Sarawak, Malaysia with estimated value of up to RM1.16 billion [USD276 million]. This initiative forms a critical component of the wider Baram DeepTech Energy Programme.

Posted In: FGL


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