Suspension Announcement

In reference to Al-Baha Investment & Development Co’s announcement on the Saudi Stock Exchange website “Tadawul” on Wednesday 22/5/1434H corresponding to 3/4/2013 regarding the financial and legal position of the company, the company’s Board of directors found out that it has contingent liabilities that exceed its assets.


And in reference to CMA’s Board resolution dated 10/3/1434H corresponding to 22/1/2013 that includes giving Al-Baha Investment & Development Co. an extension to amend its situation according to the relevant laws and until it announces its preliminary financial statements on 31/03/ 2013. The CMA Board issued its resolution dated 25/5/1434H corresponding to 6/4/2013 to suspend the trading of Al-Baha Investment & Development Co. stock in the Saudi Stock Exchange “Tadawul” starting from Saturday 25/5/1434H corresponding to 6/4/2013 until the company announces its preliminary financial statements as in 31/03/2013. CMA will look into the procedures taken by the company after it announces the mentioned results.