The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty of SR 90,000 (Ninety Thousand Saudi Riyals) on  Saudi Transport and Investment Company (mubarrad) due to its violation of sub-clause (2) of clause (A) of the Board’s resolution numbered (1-14-2010) and dated 02/06/1431H corresponding to 16/05/2010. The company traded (buying and selling) Bank Albilad’s shares (short term investment) through its investment portfolio and without an investment fund management contract with an authorized person approved by CMA.