Islamabad, Nov 11: Attock Refinery Refutes Reports of Sale, Confirms No Deal in ProgressThe Board of Directors of Attock Refinery Limited (PSX: ATRL) has refuted all claims regarding the possible sale of the company, as stated in an announcement to the main stock exchange on Monday.
“We would like to respond to the recent questions from some shareholders/analysts during the Corporate Briefing Session of the Company held on November 8, 2024, concerning rumors in the market about a potential sale of Attock Refinery Limited (ARL). We want to make it clear that no such issue is being considered,” the filing read.
The company operates as a subsidiary of The Attock Oil Company Limited based in England, with Coral Holding Limited (a private limited company registered in Malta) being its ultimate parent.On Monday, the company’s shares closed at Rs. 473, marking a decline of 4.23 percent or Rs. 20.87, with more than 10.67 million shares traded.
