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 National Metal Manufacturing and Casting Co. (Maadaniyah) 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 on the new project to add a new line of PC Strands with an estimated cost of SR 45.000.000(Forty Five Million Saudi Riyals). It was later announced on 10/09/2013.