Imposition of a Penalty on Al Hammadi Company For Development and Investment

​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 Al Hammadi Company For Development and Investment due to its violation of clause (B) of Article (40) of the Listing Rules. The company was late to inform the public about the start of the trail operation of Al Hammadi  Al- Suwaidi Hospital in Riyadh.  The company announced it only less than two hours before the market opens on 28/09/2014.