South Ko­re­an in­ves­ti­ga­tors raid stock ex­change in an­oth­er Sam­sung Bi­o­Log­ics IPO probe — re­port

Sam­sung’s biotech arm is in trou­ble, again. Pros­e­cu­tors re­port­ed­ly raid­ed the of­fice of the Ko­rea Ex­change — the bourse on which Sam­sung Bi­o­Log­ics list­ed in 2016 — as part of an in­ves­ti­ga­tion in­to the IPO, on Fri­day.

Reg­u­la­tors sus­pect the stock mar­ket op­er­a­tor soft­ened reg­u­la­tions to al­low Sam­sung Bi­o­Log­ics to list on the ex­change. In­ves­ti­ga­tors col­lect­ed doc­u­ments and com­put­er hard dri­ves, look­ing for in­for­ma­tion re­lat­ed to the 2016 IPO, ac­cord­ing to a Nikkei re­port.

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