Founder Group sets CEO monthly share-based pay at US$17,500 under new director remuneration plan

Reuters2026/08/14 20:04

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Founder Group set new director pay terms for the 12 months starting June 11, 2026.
Chairman-CEO Lee Seng Chi to receive US$17,500 a month in share-based compensation.
Director Thien Chiet Chai to receive US$4,000 a month in cash, US$7,500 in share-based compensation.
Independent directors to receive monthly cash retainers ranging from US$2,500 to US$5,000.
Share-based awards settle in Class B shares, sized monthly using the Class A closing price on the last trading day.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Founder Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-090001), on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Founder Group sets CEO monthly share-based pay at US$17,500 under new director remuneration plan

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