​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 Bawan Company due to its violation of clause (A) of Article (40) of the Listing Rules as well as sub-clause (5) of clause (B) of clause (1) of of the Instructions for Companies’ Announcements Related to General Assemblies. The company did not explain in its announcement on the Saudi Stock Exchange (Tadawul)’s website on 17/03/2014 all the details related to the approval of the contracts and businesses from the ordinary general assembly’s agenda (the first meeting) on 20/04/2014 that a member of the board of directors has a direct or indirect interest in.