​The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of SR 20,000 (Twenty Thousand Saudi Riyals) on Ash-Sharqiyah Development Co.  due to its violation of clause (B) of Article (40) of the Listing Rules. The company was late to announce receiving the cadastral for the company’s reclaimed land and report it to the Ministry of Agriculture to complete the procedures to issue the resolution of ownership. It was later announced on 03/06/2014 at (09:28:54) less than two hours before the market opens on 03/06/2014.