Imposition of a Penalty on National Gypsum Company

​The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty of SR 20,000 (Twenty Thousand Saudi Riyals) on National Gypsum Company 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 23/02/2014.