Imposition of a Fine on Mediterranean and Gulf Cooperative Insurance Company (Medgulf) due to the violation of the Listing Rules and Corporate Governance Regulations

Thursday, October 11, 2018 at 3:34 PM

Thu Oct 11, 2018 15:34

The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of (180,000) one hundred and eighty thousand Saudi Riyals on Mediterranean and Gulf Cooperative Insurance Company (Medgulf) due to the violation of the Listing Rules and Corporate Governance Regulations, for the financial years from 2008 to 2017.