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 Wataniya Insurance Company due to its violation clause (E) of the General Instructions that must be taken into Account by Companies when Publishing its Announcements. The company announced an essential development in less than two hours before the market opens on 15/01/2014 without waiting to announce it after the market is closed.
