The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty  of  SR 50.000 ( Fifty Thousand Saudi Riyals)  on Najran Cement Company  due to its violation of clause (B) of Article (40) and sub-clause (2) of clause (B) of Article (46) of the Listing Rules. The company delayed informing CMA and the public about the decision taken by its board of directors in the meeting held on 24/9/2012. It approved paying out cash dividends of the first half of the fiscal year 2012 by (50) Fifty Halalas per share, representing (5%) of the company’s capital which is around (85,000,000) Eighty Five million Saudi Riyals. The company announced that later on 26/9/2012.