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 Aldrees Petroleum & Transport Services Co. due to its violation of clause (A) of Article (46) of the Capital Market Law and clause (B) of Article (40), clause (A) and sub-clause (1) of clause (B) of Article (41) of the Listing Rules. The company failed to inform CMA and the public of the essential development represented in the approval of its Board in the meeting held on Tuesday 16/04/2013 to buy (260) trucks and (220) trailers  with  a total value of (103) million Saudi Riyals representing %21.6 of the company’s net assets.