Imposition of a Fine on National Building and Marketing Co., due to the Violation of the Capital Market Law.

Tuesday, December 24, 2019 at 3:49 PM

Tue Dec 24, 2019 15:49

The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of (40,000) Forty Thousand Saudi Riyals on National Building and Marketing Co. due to its violation of paragraph (B) of Article (46) of the Capital Market Law. Where the Company did not act in accordance with the Authority’s request within the period specified in the request.