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 Bupa Arabia for Cooperative Insurance due to its violation of clause (A) of Article (40) of the Listing Rules and clause (8) of the  Instructions for companies’ Announcements regarding their financial results from the Instructions for the Announcements of Listed Companies in the Saudi Stock Exchange. The company did not mention in its preliminary financial results announcement for the period ending on 31/12/2013  all the reasons affecting the improvement  in the results of  the fourth quarter of 2013 compared to the previous quarter of the same year.