KRX Hopes For Bourse IPO in 2012

By Park Sae-jin Posted : March 11, 2011, 15:20 Updated : March 11, 2011, 15:20
Korea Exchange Executive Director Jae-Doo Cho said to Dow Jones Newswire Friday the bourse hopes to launch its own initial public offering as early as next year.

“It will be difficult to complete the IPO process this year, but we hope for maybe next year,” he told the Newswires on the sidelines of a Daiwa Securities Capital Markets Investment conference.

Last month, KRX Chairman Kim Bong-soo said the exchange is considering listing itself as part of its efforts to globalize its operations, the Newswire added.


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