Pre-market trading for MERDEKAGOLD-DRS (06228) has commenced ahead of its scheduled listing on the Hong Kong exchange this Friday, June 26th. In the early pre-market session, the stock is indicated at HK$18.00. This represents a significant decline of 32.33% from its initial public offering price of HK$26.60. Based on a standard board lot of 100 shares, this translates to a loss of HK$860 per lot before accounting for any transaction fees or commissions.