Logo design of United Mining Industries Co.
United Mining Industries Co. specified that it got on Jan. 11 a judgment provided on Dec. 27, 2023, by the Administrative Court in Riyadh to cancel the 3rd paragraph of the choice of the Committee for Adjudication of Competition Law Violations on canceling the business’s SAR 14.4 million fine.
The business will bear the fine if the choice is reversed, according to a filing to Tadawul
United Mining thinks that this claim and allegations versus it are inaccurate, the declaration included.
According to information readily available with Argaamthe stock was noted on the Nomu-Parallel Market in October.
United Mining, according to the extra prospectus, got the choice of the General Secretariat of the Committee for Adjudication of Competition Law Violations, that includes enforcing a SAR 14.4 million charge on the business.