​The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of SR 10,000 (Ten Thousand Saudi Riyals) on ACE Arabia Cooperative Insurance Co. due to its violation of clause (A) of Article (40) of the Listing Rules. The company disclosed incorrect information in its announcement on the Saudi Stock Exchange (Tadawul)’s website on 29/07/2015 regarding its interim financial results for the period ending on 30/06/2015 (Six months). The information was in regard to the Net Written Premiums (NWP) for the current period and compare it to the same period of the previous year in addition to the Net Profit of shareholders capital investments for the current period and compare it to the same period of the previous year. The company corrected the information in its announcement on 02/08/2015.