Imposition of a Fine on Saudi Marketing Co. "Farm Superstores"

​The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of SR 30,000 (Thirty Thousand Saudi Riyals) on Saudi Marketing Co. "Farm Superstores" due to its violation of clause (A) of Article (40) of the Listing Rules. The company failed to correctly mention in its announcement on its interim financial results for the financial period ending on 30/09/2014 (nine months), published on the Saudi Stock exchange (Tadawul)'s website on 26/10/2014, the reasons behind the decline in the Net Profit of the current quarter compared to the previous quarter of the current year.