23
Nov
01:46 AM
Market Closed
Market Status
Main
Market Closed
NOMU
Market Closed
Sukuk & Bonds
Market Closed
TASI
MT30
NomuC
8,062.61
1,152.69
5,569.53
8.55
0.69
102.62
(0.11%)
(0.06%)
(1.88%)

Web Content Viewer

Actions

Imposition of a Fine on Saudi Enaya Cooperative Insurance Co., due to the Violation of the Rules on the Offer of Securities and Continuing Obligations.

The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of (20,000) Twenty Thousand Saudi Riyals on Saudi Enaya Cooperative Insurance Co. due to its violation of paragraph  (10) Article (63) of the Rules on the Offer of Securities and Continuing Obligations. Where the Company did not disclose to the public, immediately and without delay, on 27/06/2019 of being awarded the contract with Dr. Suliman Fakeeh hospital, with an amount greater than 5% of the company’s gross revenues according to its annual financial statement for the period ending on 31/12/2018, as the company did not make such disclosure until 11/07/2019.
 

← Back to Market News




Complementary Content