​The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty of SR 100,000 (One Hundred Thousand Saudi Riyals) on Mobile Telecommunications Company Saudi Arabia (Zain) due to its violation of clause (A) of Article (46) of the Capital Market Law and clause (A) of Article (41) of the Listing Rules. The company failed to inform CMA and the public in a timely manner about the resignation of its board member, Mr. Abdullah bin Mohammad Ba Sodan, on 05/06/2014. It was later announced on 08/06/2014.