IJM Clarifies Media Reports
With reference media reports circulated yesterday, IJM Corporation Berhad wishes to clarify the following:
Our Chairman, Tan Sri Dato' Krishnan Tan, met officers from the Malaysian Anti-Corruption Commission (MACC) this afternoon and continues to cooperate fully with the authorities. Other IJM personnel who have been requested to provide information are also cooperating fully as part of the process.
We wish to clarify that the individual referred to in the articles as a “company advisor” to IJM was, in the past, engaged on a professional basis to provide advisory services in relation to a limited number of corporate transactions.
The Company and its United Kingdom (UK) associates are not aware of any investigation by the UK’s Serious Fraud Office (SFO). We have not been approached and any reports suggesting otherwise are inaccurate.
IJM refutes any allegations of money laundering. Since 2012, IJM’s investments in the UK have been funded primarily through facilities raised from Malaysian financial institutions and subsequently remitted to the relevant project special-purpose vehicles in the UK. These investments have undergone the Company’s established business evaluation and internal governance processes.
IJM remains committed to upholding strong standards of corporate governance, transparency and integrity. Business operations continue as usual. Any material developments will be announced through Bursa Malaysia in accordance with disclosure requirements.
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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 RM9.37 billion and as of September 2025, the Group employed around 3,500 employees and had total assets of RM22.1 billion.
For more information, visit www.ijm.com
For media enquiries, please contact:
Ms. Mandy Chen, Corporate Communications, at mandychen@ijm.com or + 60 12 607 6121
Mr. Shane Guha Thakurta, Investor Relations, at shane@ijm.com or + 60 3 7985 8041