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 Bawan Company 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 announcement on Tadawul’s website  on 16/1/2014  all the reasons affecting the increase in the Net profit of the fourth quarter of 2013 compared to the same quarter of last year and the decrease in the profits of the fourth quarter of 2013 compared to the previous quarter of the same year.