​The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of SR 40,000 (Forty Thousand Saudi Riyals) on Saudi Transport and Investment Co.  (Mubarrad) due to its violation of clause (B) of Article (40) of the Listing Rules and clause (B) of the General Instructions that must be taken into Account by Companies when publishing their Announcements. The company was late to inform the public in a timely manner about the development on the material development that was previously disclosed on 04/08/2011 which was represented in postponing the decision on the study related to the land owned by the company located on AL Qadisiyah neighborhood in east of Riyadh. It was later announced only less than two hours before the market opend on 29/01/2014.