Imposition of a Fine on Saudi Industrial Services Co. (SISCO)

​The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of SR 100,000 (One Hundred Thousand Saudi Riyals) on Saudi Industrial Services Co. (SISCO) due to its violation of clause (C) of Article (45) of the Capital Market Law as the distributing dividends on the shareholders for the year 2014 was leaked to an electronic website on 19/01/2015, before publicly announcing it on the website of the Saudi Stock Exchange (Tadawul).