The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty of SR 10,000 (Ten Thousand Saudi Riyals) on The Saudi Industrial Development Co. (SIDC) due to its violation of clause (A) of Article (46) of the Capital Market Law and clause (B) of Article (40) and clause (A) of Article (41)  of the Listing Rules. The company failed to inform CMA and the public of the essential development represented in receiving an invitation letter to attend the ordinary general assembly of the Arabian Industrial Fibers Co. (Ibn Rushd) on 24/4/2013, in which (SIDC) invests in, to make a decision whether to liquidate or keep Ibn Rushd company.