The CMA announces issuance of CMA Board  decision regarding imposing a penalty of SR (50.000) on Alujain Company for violation of clause (d) of Article Nine of the Corporate Governance Regulations. It’s Board of Directors report ,attached with the company’s financial statements for the fiscal year ending on 31/12/2011,does not reflect a summary of the functions and responsibilities of  the nomination and remuneration committee and  total number of meetings convened by the committee.