Bernama quoted the company as saying in a statement that it would take further legal action if necessary to protect its reputation.

It explained that the MRT3 project was an open and competitive tender with many major Malaysian and foreign contractors participating.

“The tender process was conducted transparently, and any suggestion of improper influence is completely false and misleading.”

IJM also said claims about its former CEO’s resignation were false, as he had opted for early retirement, which was approved by the board, and was recognised for his contributions.

“IJM remains operationally strong, and its business fundamentals remain unaffected.

“The company continues to focus on delivering its projects and commitments to stakeholders,” the group said.