Imposition of a Fine on National Building and Marketing Co., due to the Violation of the Rules on the Offer of Securities and Continuing Obligations.
Tuesday, December 03, 2019 at 3:42 PM
Tue Dec 3, 2019 15:42
The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of (20,000) Twenty Thousand Saudi Riyals on National Building and Marketing Co. due to its violation of paragraph (1) of Article (90) 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, and where the company did not disclose that until 27/10/2019 G.