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MIE-4.3.3

For listed companies, financial penalties related to late filing or other date sensitive requirements are calculated as per the following per diem basis:

(a) Where the listed company’s total consolidated assets are less than or equal to BD 50 million, the financial penalty for late filing is BD 100 per day;
(b) Where the listed company’s total consolidated assets are greater than BD 50 million but less than BD 250 million, the financial penalty for late filing is BD 200 per day;
(c) Where the listed company’s total consolidated assets are greater than BD 250 million but less than or equal to BD 5 billion, the financial penalty is BD 400 per day;
(d) Where the listed company’s total consolidated assets are greater than BD 5 billion, the financial penalty is BD 800 per day; and
(e) For a newly listed company who is yet to provide audited financial statements, the financial penalty is BD 100 per day.
Added: July 2021