Imposition of a Penalty on National Industrialization Co

​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 National Industrialization 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 Preliminary financial results for the period ending on 30/06/2014 (six months). The company announced it only less than two hours before the market opens on 20/07/2014.