​The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of SR 60,000 (Sixty Thousand Saudi Riyals) on the National Gas and Industrialization Co.due to its violation of clause (A) of Article (40) of the Listing Rules and sub-clauses (2,5,6) of the General Instructions that must be taken into Account by Companies when publishing their Announcements. The company failed to mention in its announcement published on the Saudi Stock Exchange (Tadawul)'s website on 18/05/2014 all the information related to the Council of Ministers Resolution No. (182) and dated 05/06/1434H  to approve the continuation of distributing and marketing Gas and its derivatives by the company as it failed to disclose opening the competition for gas distribution service.
The company also violated clause (A) of Article (46) of the Capital Market Law and clause (A) of Article (41) of the Listing Rules as it failed to inform CMA and the public on Tadawul's website about liquidating a part of the Murabaha investments in goods account during the financial period ending on 31/12/2013.