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Aluminium Bahrain BSC (Alba) has quashed claims that it is planning to list in Saudi Arabia.
In a statement to the Bahrain Stock Exchange today, referring to a media report that it was considering listing in Saudi Arabia more than a decade after its initial Bahrain listing, the company said: “Alba looks at different initiatives as part of its strategy then assess and evaluates each initiative against the company’s overall business strategy.
“Alba takes its disclosure obligations very seriously; as such, the company own statements will always be based on well-established facts and not on speculation and assumptions from third parties.”
(Reporting by Imogen Lillywhite; editing by Seban Scaria)
