MERDEKAGOLD-DRS (06228) has announced its initial public offering subscription period, which will run from June 17, 2026, to June 23, 2026.

The company plans a global offering of 89,668,600 sale depositary receipts.

The Hong Kong public offering will constitute 10% of the total, with the international offering making up the remaining 90%. An over-allotment option of up to 15% is also included.

The offer price for each depositary receipt will not exceed HK$26.60, with a board lot size of 100 receipts.

The depositary receipts are expected to commence trading on the Stock Exchange at 9:00 a.m. on Friday, June 26, 2026.