Saudi's CMA Announces Compensation For Over 17,000 Affected Investors In Dar Alarkan Case

About this update from Dar Al Arkan Real Estate Development Co.

THE CAPITAL MARKET AUTHORITY (CMA):COMPENSATION FOR MORE THAN 17,000 AFFECTED INVESTORS IN THE CASE OF DAR ALARKAN COMPANY SHARE VIOLATIONSCOMPENSATION FOLLOWS A FINAL ACRSD DECISION RESULTING FROM A PENAL LAWSUIT FILED BY THE PUBLIC PROSECUTION AND REFERRED BY THE CMADECISION RESULTING FROM PENAL LAWSUIT ASKS VIOLATORS TO PAY SAR 1.196 BILLION FOR ILLEGAL GAINS REALIZED AS RESULT OF THESE VIOLATIONS

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