The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty of SR 100.000 (One Hundred Thousand Saudi Riyals) on the Dar Alarkan Real Estate Development Company due to it’s violation of clause (C) of Article (45) of the Capital Market Law. On 28/10/2013, the company revealed data and information to Reuters which are prohibited to be revealed before revealed to CMA and announced by it.
