In pursuit of the Capital Market Authority to develop the capital market in Saudi Arabia, and to enhance the protection of investors, as well as to advance the procedures required to reduce risks related to securities transactions. And based on the Capital Market Law issued by Royal Decree Number (M/30) Dated 2/6/1424 H, the CMA Board has issued its Resolution to amend the Instructions and Procedures Related to Listed Companies with Accumulated Losses amounting to %50 or more of its Capital in light of the Companies Law issued by Royal Decree No. (M/3) dated 28/1/1437 H, and amend its title to become the Instructions and Procedures Related to Listed Companies with Accumulated Losses amounting to %20 or more of its Capital. These Instructions shall be effective and mandatory starting from 25/07/1438H corresponding to 22/04/2017.

It should be noted that the Instructions and Procedures Related to Listed Companies with Accumulated Losses amounting to %50 or more of its Capital is effective until 25/07/1438H corresponding to 22/04/2017.

(To view the Instructions and Procedures Related to Listed Companies with Accumulated Losses amounting to %20 or more of its Capital)