Mr. Kyungsoo Choi, the Chairman of KRX and Mr. Jongdae Seo, CEO of Korea Appraisal Board have made a business agreement on joint development of real estate-based financial product investment index on December 14. The KRX and Korea Appraisal Board decided to develop a real estate investment index for the introduction of real estate-based financial products. - Two organizations agreed to develop a reliable and rational investment index by utilizing the skill and operational experience of the KRX in developing investment index for financial products and statistical data and research material of the real estate market of the Korea Appraisal Board. - Mr. Kyungsoo Choi and Mr. Jongdae Seo have made a statement that the real estate investment index development is the first cooperative business of the two institutions and hopefully it would provide an opportunity for the real estate and financial industries to move forward together. For more details, please refer to the attached file. |
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FTSE Mondo Visione Exchanges Index:
The KRX And KAB Agreed To Joint-Develop Real Estate-Based Financial Product Investment Index
Date 18/12/2015