Karachi November 11 2024: Attock Refinery Limited refutes rumors regarding potential sale of the company in its filing to the exchange.
Share price of the company drops 10.8 percent after the announcement at the Pakistan Stock Exchange.
“We would like to address recent inquiries from certain shareholders/analyst during Corporate Briefing Session of the Company held on November 8, 2024 with respect to rumors circulating in the market regarding potential sale of Attock Refinery Limited (ARL). We wish to clarify that no such matter is under consideration” states company in its filing to the exchange.
“This clarification is being submitted under Clause 5.6.2 of the PSX Rule Book” the filing added.
The Company is fully cognizant of all applicable legal and regulatory requirements and will continue to ensure compliance of the same.