National Refinery rejects reports on forced termination of employees

MG News | November 12, 2018 at 04:29 PM GMT+05:00

0:00

November 12, 2018 (MLN): National Refinery Limited (NRL) has rejected all the allegations regarding forced termination of employees, as telecasted by a private news channel on November 11 2018.

According to the notification issued to PSX, the company stated that all recruitments are carried out strictly on merit; whereas, retirements/terminations are carried out in accordance with employees’ terms of employment.

The company went on to specify that during 2018, 20 employees retired as per contract of their employment, whereas another 12, mostly up to 2 years’ service, were terminated being not required.

Therefore, the news report on forced termination of 150 employees was termed as false by the company.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	180,512.65 448.22M	-1.39% -2537.16
ALLSHR	108,400.67 868.95M	-1.31% -1441.30
KSE30	55,207.56 114.28M	-1.38% -773.10
KMI30	255,372.52 163.47M	-1.65% -4292.29
KMIALLSHR	69,728.20 559.75M	-1.31% -922.50
BKTi	52,173.33 27.19M	-1.16% -613.90
OGTi	35,348.89 25.23M	-2.28% -823.86

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	67,905.00	68,350.00 66,735.00	190.00 0.28%
BRENT CRUDE	69.06	69.85 68.86	-0.34 -0.49%
RICHARDS BAY COAL MONTHLY	96.00	0.00 0.00	0.25 0.26%
ROTTERDAM COAL MONTHLY	104.50	104.50 104.50	1.70 1.65%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	64.40	65.10 64.18	-0.23 -0.36%
SUGAR #11 WORLD	13.75	13.88 13.67	-0.09 -0.65%