S.Korean prosecutors raid exchange in Samsung BioLogics probe - bourse official

SAMSUNG SDS

15/03/2019 24:17

SEOUL, March 15 (Reuters) - South Korean prosecutors raided
Korea Exchange as part of an investigation into Samsung
BioLogics'  207940.KS  suspected violation of accounting rules,
a bourse official said on Friday.
    In November, the country's financial watchdog said the
biotech arm of Samsung Group intentionally breached accounting
rules ahead of its 2016 listing and reported the case to
prosecutors.  urn:newsml:reuters.com:*:nL3N1ZT3K8
    Prosecutors raided the head office of Samsung BioLogics in
December as part of their criminal probe into alleged accounting
fraud.  urn:newsml:reuters.com:*:nL3N1YI2SV
    The Korea Exchange official said the latest raid took place
on Thursday but had no further comments.

 (Reporting by Yuna Park and Joori Roh; Editing by Stephen
Coates)
 ((joori.roh@thomsonreuters.com; +82 2 3704 5642; Reuters
Messaging: joori.roh.thomsonreuters.com@reuters.net))