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December 17, 2018

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Delisting of pharma firm sparks debate on market fairness
Delisting of pharma firm sparks debate on market fairness
[THE INVESTOR] The Korean market operator’s decision to delist a local pharmaceuticals company is raising questions about the fairness in authorities’ action against firms accused of accounting errors, with investors comparing the case to that of Samsung BioLogics. A panel led by the Korea Exchange, the nation’s sole market operator, suggested Dec. 14 the removal of Kyung Nam Pharm, a Seoul-headquartered pharmaceutical company, from the second-tier Kosdaq market, putting the fate of the company
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