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 the Saudi Real Estate Co. due to its violation of Article (43) of the Listing Rules. The company’s board of directors report, attached with the annual financial statements for the fiscal year ending on 31/12/2012, did not include the attendance log of the board members for every Board meeting held on 2012.
