The Capital Market Authority announces the issuance of a CMA Board resolution numbered (3-32-2011) and dated 25/11/1432H corresponding to 23/10/2011 to impose a penalty  of SR 50.000 ( Fifty Thousand Saudi Riyals)  on National Petrochemical Company (PETROCHEM) due to its violation of clause (A) of Article (46) of the Capital Market Law and  Article (25) of the Listing Rules. The company failed to inform CMA and the public of the capital increase for its affiliate “Saudi Polymers Company”.