​As part of the CMA’s efforts to protect citizens and investors form unfair and unsound practices involving cheating, fraud and manipulation and as part of its efforts to ensure transparency and justice on securities business, and based on Article (17) of the Capital Market Law, CMA would like to inform the investors and participants in the Capital Market that – pursuant to the High Order No. (4690) and dated 6/2/1435H and based on the Capital Market Law and its implementing regulations- a suspicion of a violation was referred to the  Bureau of Investigation and Public Prosecution as it falls under their jurisdiction.

It was suspected that an investor has violated Article (49) of the Capital Market Law and Article (2) of the Market Conduct Regulations during the period from 01/05/2013 until 31/07/2013 when he traded the shares of the following companies: Methanol Chemicals Company, National Gypsum Company, Filing and Packing Materials Manufacturing Co., Arabian Pipes Company, Saudi Real Estate Co.

To review the dates on which the suspected trading occurred, click here