Imposition of a Fine on National Building and Marketing Company due to the Violation of the Rules on the Offer of Securities and Continuing Obligations

2020-11-18 15:49:42

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 Building and Marketing Co. due to its violation of paragraph (2) of Article (90) of the Rules on the Offer of Securities and Continuing Obligations. Where the Company did not disclose its interim financial semiannual statements for the period ending on 30-06-2020 within the specified period.