- Founder Group Limited (FGL) announced on **September 26, 2025**, the execution of a Heads of Agreement with PLANET QEOS SDN. BHD. for the joint development of a **large-scale renewable energy facility** and a **Green Data Centre Park** in Sarawak, Malaysia.  **[1989930_0001213900-25-099531_ea0261466-6k_founder.htm:0]** **[1989930_0001213900-25-099531_ea026146601ex99-1_founder.htm:0]** 
- The project has an estimated value of up to **RM1.16 billion [USD276 million]** and includes a **310 MWp ground-mounted solar photovoltaic (PV) power plant** and a **620 MWh Battery Energy Storage System (BESS)**.  **[1989930_0001213900-25-099531_ea0261466-6k_founder.htm:0]** **[1989930_0001213900-25-099531_ea026146601ex99-1_founder.htm:0]** 
- FGL expects to hold **45% equity interests** in the special purpose vehicle (SPV) to be jointly established for the project, which also involves the development of a **200 MW Tier-4 Green Data Centre Park**.  **[1989930_0001213900-25-099531_ea0261466-6k_founder.htm:0]** **[1989930_0001213900-25-099531_ea026146601ex99-1_founder.htm:0]**

Founder Group (FGL)