Imposition of a penalty on Al-Jouf Agriculture Development Co.

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 Imposition of a Penalty on Al-Jouf Agriculture Development Co. due to its violation of clause (B) of Article (40) of the Listing Rules. The company was late to inform the public about its Annual financial results for the period ending on 31/12/2013. The company announced it only less than two hours before the market opens on 03/02/2014.

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Imposition of a penalty on Al-Jouf Agriculture Development Co.