Imposition of a Fine on Abdullah A. M. Al-Khodari Co, Due to Violations of the Rules on the Offer of Securities and Continuing Obligations

Monday, January 28, 2019 at 4:09 PM

Mon Jan 28, 2019 16:09

The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of (40,000) Forty Thousand Saudi Riyals on Abdullah A. M. Al-Khodari Co. duo to its two violations of paragraph (c) of Article (64) of the Rules on the Offer of Securities and Continuing Obligations. The company has failed to disclose its interim financial statements for the period ending on 30-06-2018 and the period ending on 30-09-2018 within the specified timeframe.