In reference to, the CMA Board of Commissioners resolution to suspend the license granted to Arch Mamlaka Company (Armacom) to conduct Arranging and Advising activities due to its failure to notify CMA about ceasing to carry out securities business activities.
The CMA Board of Commissioners issued its resolution to revoke the license granted to Arch Mamlaka Company (Armacom) to conduct Arranging and Advising activities, due to its violations of the Capital Market Law and its implementing regulations.
