​The Capital Market Authority announces the issuance of a CMA Board resolution to impose two fines of SR 10,000 (Ten Thousand Saudi Riyals) on Middle East Specialized Cables Co. (MESC) due to its violation of clause (A) of Article (34) of the Listing Rules and the instructions mentioned in the electronic disclosure form number (5) which was approved by CMA’s Board resolution numbered (1-39-2012) and dated 23/12/2012. The company did not disclose on the electronic disclosure form number (5) the details of one of its board members’ ownership in Lamaa’ Holding Company as the board member owns 75% of the shares.