[Alpha Biz= Reporter Kim Minyoung] While the Financial Supervisory Service is investigating allegations of so-called 'fraudulent listing' in relation to Fadu, it has launched a search and seizure of SK Hynix.
The Financial Supervisory Service Capital Market Special Judicial Police seized and searched SK Hynix's headquarters and others from today morning (30th).
The Financial Supervisory Service is known to have secured data from SK Hynix, the largest buyer of Fado, to see if the process of Fadu's own sales estimation was appropriate.
In August last year, Fadu was listed on the KOSDAQ market with a market capitalization of KRW 1 trillion, but its performance fell sharply immediately after the listing, raising allegations that it went public by inflating its expected sales.
Alphabiz Kim Minyoung (kimmy@alphabiz.co.kr)
