Imposition of a Penalty on the National Medical Care Company

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 Medical Care Company due to its violation of clause (B) of Article (40) of the Listing Rules. The company was late to inform the public about  the resignation of its board member Abdulaziz bin Saif Alsaif and assigning Dr. Ghazi bin Abdulrahman Alrawi in his place. The company announced it only less than two hours before the market opens on 30/04/2014.