Founder Group Announces Investment in Nichcom Go Sdn. Bhd., Operator of SpacePlus EV Charging Network, to Expand Market Leadership in EV Industry
KUALA LUMPUR, Malaysia, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Founder Group Limited ("Founder Group" or the "Company") (NASDAQ:FGL), a Malaysia-headquartered, pure-play end-to-end EPCC solutions provider for solar PV facilities announced that it has completed the acquisition of a 19.90% equity interest in Nichcom Go Sdn. Bhd. ("Nichcom Go"), the Malaysian Charge Point Operator (CPO) behind the SpacePlus EV charging brand. Nichcom Go primarily provides services in relation to electric vehicle (EV) charging facilities. Malaysia's Electric Vehicle Charging Market: A Fast-Growing Opportunity Malaysia's underlying EV market is expanding fast as battery EV sales rose 109% year-on-year to 30,850 un
