​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 Solidarity Saudi Takaful Co.  due to its violation of clause (A) of Article (46) of the Capital Market Law and clause (A) of Article (41) of the Listing Rules. The company failed to inform CMA and the public in a timely manner about the results of the ordinary general assembly held on 24/04/2014. It was later announced on 27/04/2014 after the market close.