The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty of SR 10,000 (Ten Thousand Saudi Riyals) on Saudi Ceramic Co. due to its violation of clause (i) of Article (5) of the Corporate governance Regulations. The company failed to provide CMA with a copy of the minutes of the General Ordinary Assembly convened on 01/04/2013 within 10 days of the convening date.
