The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of SR 20,000 (Twenty Thousand Saudi Riyals) on the Saudi Ceramic Co. due to its violation of clause (B) of Article (40) of the Listing Rules. The company was late to inform the public in a timely manner on 30/12/2014 about its board of directors' recommendation to increase its capital by granting shares.
