The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty of SR 70,000 (Seventy Thousand Saudi Riyals) on Al Jouf Cement Company due to its violation of clause (A) of Article (46) of the Capital Market Law, clause (B) of Article (40) ,clause(A) and sub-clause (5) of clause (B) of Article (41) and sub-clause (2) of clause (B) of Article (46) of the Listing Rules. The company was late to inform CMA and the public about the essential developments and decisions taken at its Board of directors meeting held on 03/03/2013. It was later announced on the Saudi Stock Exchange website (Tadawul) on 05/03/2013.