An Announcement Of The Issuance Of The Board Of The Saudi Arabia Capital Market Authority Resolution To Adopt The Regulatory Rules And Procedures Issued Pursuant To The Companies Law Relating To Listed Joint Stock Company And Its Guidance Note

As part of the Capital Market Authority's efforts to develop the capital market in the kingdom of Saudi Arabia, and regulate and monitor the work and activities of entities subject to its supervision and control through the issuance of implementing regulations and rules governing the Saudi market, and based on the Capital Market Law issued by the Royal Decree Number (M/30) Dated 2/6/1424 H, and the Companies Law issued by the Royal Decree Number (M/3) Dated 28/1/1437H, the CMA Board has issued its Resolution Number (8-127-2016) dated 16/1/1438H corresponding to 17/10/2016G which includes the adoption of the Regulatory Rules and Procedures issued pursuant to the Companies Law Relating to Listed Joint Stock Company, and its Guidance Note, and to be implemented from the date of its publication.