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 Tihama Advertising & Public Relations Co. due to its violation of clause (A) of Article (46) of the Capital Market Law and clause (A) of Article (41) of the Listing Rules. The company failed to inform CMA and the public about the approval of its board of directors on 18/09/2013 to assign Mr. Ahmad bin Abdulrahman bin Fahad Alhumoody as a member of the Board of directors (non- executive). It was later announced on 19/09/2013 after the market was closed.