CMA imposes SAR 20,000 fine on Al-Baha for listing rules violation

17/11/2020 Argaam

Saudi Arabia's Capital Market Authority (CMA) imposed a fine on Al-Baha Investment and Development Co., for a total of SAR 20,000, according to a bourse statement.

 

The company was fined due to violation of provisions of the securities listing rules and continued obligations, as well as for disclosing incorrect information about its preliminary financial results for the fiscal period ended on June 30, 2020.

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