The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of (10,000) Ten Thousand Saudi Riyals on Arab Sea Information Systems Co. due to its violation of paragraph (d) of Article (64) of the Rules on the Offer of Securities and Continuing Obligations. Where the Company did not disclose its annual financial statements for the period ending on 31/12/2018 within the specified period, and where the company did not disclose that until 28/04/2019.
