CMA fines Raydan Food, Arab Sea for delayed disclosure

11/09/2019 Argaam

 

 

The Capital Market Authority (CMA) has imposed a fine of SAR 10,000 on Raydan Food Co. and Arab Sea Information System Co. each, Saudi Arabia’s market regulator said today on its website.

 

The two firms were fined for failing to issue their board reports for fiscal year 2018 on time.

 

Raydan disclosed the board report on April 7, 2019, while Arab Sea issued its report on April 29, CMA added.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.