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Imposition of a Fine on Scientific & Medical Equipment House Co due to the violation of the Rules on the Offer of Securities and Continuing Obligations

​The Capital Market Authority (CMA) announces the issuance of a CMA Board resolution to Impose a fine of (40,000) Forty Thousand Saudi Riyals on the Scientific & Medical Equipment House Co, due to its violation of paragraph (a) of Article (79) of the Rules on the Offer of Securities and Continuing Obligations. Where the Company did not disclose to the CMA and the public without delay of the awarding of two projects with the Ministry of Human Resources and Social Development received on 21/11/2022G, as the company did not disclose that on the Saudi Exchange (Tadawul) Company's website until 24/11/2022G.