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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
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Founder Group Ltd (Name of Issuer) |
Class A Shares (Title of Class of Securities) |
(CUSIP Number) |
Thien Chiet Chai 63, Casaman No. 2, Changkat Intisari, Desa Park City Kuala Lumpur, N8, 52200 60 12-889 9969 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
06/11/2026 (Date of Event Which Requires Filing of This Statement) |
SCHEDULE 13D
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| CUSIP No. |
| 1 |
Name of reporting person
Thien Chiet Chai | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b) | ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
PF, OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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| 6 | Citizenship or place of organization
MALAYSIA
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
825,980.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
2.38 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13D
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| CUSIP No. |
| 1 |
Name of reporting person
Reservoir Link Energy Bhd | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b) | ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
MALAYSIA
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
456,500.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
4.42 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13D
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| Item 1. | Security and Issuer | |
| (a) | Title of Class of Securities:
Class A Shares | |
| (b) | Name of Issuer:
Founder Group Ltd | |
| (c) | Address of Issuer's Principal Executive Offices:
No. 17, Jalan Astana 1D, Bandar Bukit Raja 41050 Klang, Selangor Darul Ehsan,
MALAYSIA
, 41050. | |
Item 1 Comment:
This statement of beneficial ownership on Schedule 13D (this "Schedule 13D") relates to the Class A shares of Founder Group Ltd (the "Issuer"). The Class A shares of the Issuer are listed on the Nasdaq Capital Market under the symbol "FGL." | ||
| Item 2. | Identity and Background | |
| (a) | This statement is filed by the entities and persons listed below, all of whom together are referred to herein as the "Reporting Persons":
(i) Thien Chiet Chai
(ii) Reservoir Link Energy Bhd | |
| (b) | The business address of the No. 17, Jalan Astana 1D, Bandar Bukit Raja 41050 Klang, Selangor Darul Ehsan, Malaysia. | |
| (c) | Thien Chiet Chai is the non-executive director of the Issuer and an executive director of Reservoir Link Energy Bhd. | |
| (d) | During the last five years, neither of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). | |
| (e) | During the last five years, neither of the Reporting Persons has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. | |
| (f) | See responses to Item 6 on each cover page. | |
| Item 3. | Source and Amount of Funds or Other Consideration | |
On February 10, 2026, the Company implemented a 100-for-1 reverse share split, upon completion of which Reservoir Link Energy Bhd held 56,500 Class A shares and 20,000 Class B shares and Thien Chiet Chai held 21,299 Class B shares.
On June 11, 2026, Thien Chiet Chai received grant of 20,000 Class B shares by the Issuer as bonus payments for successful procurement of contracts relating to engineering, procurement, construction and commissioning of multiple large scale solar photovoltaic plant in Malaysia. | ||
| Item 4. | Purpose of Transaction | |
The information set forth in Item 3 above is incorporated into this Item 4 by reference.
Except as set forth in this Schedule 13D, the Reporting Persons currently have no present plans or proposals that relate to or would result in any transaction, event or action enumerated in paragraphs (a) through (j) of Item 4 of Schedule 13D. The Reporting Persons may, at any time, and from time to time, review, reconsider and change his position and/or change their purpose and/or develop such plans and may seek to influence management or the board of directors of the Issuer with respect to the business and affairs of the Issuer and may from time to time consider pursuing or proposing such matters with advisors, the Issuer, or other persons. | ||
| Item 5. | Interest in Securities of the Issuer | |
| (a) | The responses of the Reporting Persons to Rows 11 and 13, including the footnotes thereto, of the cover page of this Schedule 13D are hereby incorporated herein by reference. | |
| (b) | The responses of the Reporting Persons to Rows 7, 8, 9 and 10, including the footnotes thereto, of the cover page of this Schedule 13D are hereby incorporated herein by reference. | |
| (c) | Except as set forth in this Schedule 13D, the Reporting Persons have not, to the best of their knowledge, engaged in any transaction with respect to the Issuer's Class A shares during the sixty days prior to the date of filing this Schedule 13D. | |
| (d) | Except as forth in Item 3, no person other than the Reporting Persons is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Class A Shares beneficially owned by the Reporting Persons as reported in this Schedule 13D. | |
| (e) | Not applicable. | |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer | |
Not applicable. | ||
| Item 7. | Material to be Filed as Exhibits. | |
Not applicable. | ||
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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