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 Saudi Fisheries Co. due to its violation of clause (A) of Article (3) of theInstructions and Procedures Related to Listed Companies with Accumulated Losses reaching %50 or more of its capital. The company failed to announce to the public in the specified time about its accumulated losses reaching % 50.15 of its capital.
