Saudi market regulator slaps Al Baha with SAR 20,000 fine

29/07/2015 Argaam

Saudi Arabia’s Capital Market Authority (CMA), the kingdom’s financial regulator, has imposed a SAR 20,000 fine on Al-Baha Investment and Development Co. (Al Baha) for presenting misleading information.

 

The CMA said the company was in violation of clause (A) of article (34) of CMA listing rules, according to a statement posted on Tadawul.

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