IJM Notes Conclusion of MACC Matter Involving Chairman Tan Sri Krishnan Tan
PETALING JAYA, 15 May 2026 – IJM Corporation Berhad (“IJM” or “the Company”) refers to its Bursa Malaysia announcement dated 15 May 2026 in relation to the conclusion of the Malaysian Anti-Corruption Commission (“MACC”) investigation involving the Company’s Non-Executive Chairman, Tan Sri Dato’ Krishnan Tan.
As announced, MACC has confirmed that no further prosecution action will be taken and that the matter has been categorised as No Further Action (“NFA”) in relation to investigations concerning the voluntary take-over offer by Sunway Berhad. IJM welcomes the conclusion of this matter. The Company has cooperated fully with MACC throughout the process and remained committed to supporting the authorities as required.
As previously announced to Bursa Malaysia on 24 March 2026, MACC had confirmed that the investigation did not involve IJM Corporation Berhad as an entity.
With this matter now concluded, IJM moves forward with resolve, focused on executing its strategic priorities and unlocking the value of its portfolio across the Group’s core businesses.
IJM appreciates the continued support and confidence of its shareholders, clients, business partners, employees and stakeholders.
About IJM Corporation Berhad
IJM Corporation Berhad (“IJM”), formed in 1983, today ranks as one of Malaysia’s leading conglomerates with an international footprint forged by its four core businesses: construction, property development, industry (quarrying and the manufacture of building materials) and infrastructure concessions. IJM holds leading positions across all its business divisions. Its growth is the direct result of strong leadership, dedicated employees, financial prudence and commitment to good governance and quality.
The Group presently has a market capitalisation of around RM9.56 billion and as of June 2025, the Group employed around 3,600 employees and had total assets of RM22.3 billion.
For more information, visit www.ijm.com