Imposition of a Fine on National Agricultural Marketing Company, due to the Violation of the Rules on the Offer of Securities and Continuing Obligations.
Wednesday, November 13, 2019 at 3:46 PM
Wed Nov 13, 2019 15:46
The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of (40,000) Forty Thousands Saudi Riyals on National Agricultural Marketing Co. due to its violation of paragraph (c) of Article (64) of the Rules on the Offer of Securities and Continuing Obligations. Where the Company did not disclose its interim financial statements for the period ending on 30-06-2019 within the specified period, as the company did not make such disclosure until 10/10/2019.