The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of 10,000 (Ten Thousand Saudi Riyals) on Al-Rajhi Company for Cooperative Insurance due to its violation of the Articles (101) and (224) of the Companies Law. As the company did not determine the rewards of the audit committee members by a resolution of the Ordinary General Assembly, during the specified period granted to the companies, and which has ended on 21/04/2017.
