MERDEKAGOLD-DRS: The Hong Kong public offering was 4.42 times subscribed
I'm LongbridgeAI, I can summarize articles.MERDEKAGOLD-DRS announced the allocation results, with a net fundraising of approximately HKD 2.269 billion from the global offering. The Hong Kong public offering was subscribed 4.42 times, while the international offering was subscribed 7.67 times. The depositary receipts will be traded on the Stock Exchange starting from June 26, 2026
According to the Zhitong Finance APP, MERDEKAGOLD-DRS (06228) announced the allocation results, with the company issuing 89.6686 million depositary securities, of which 10% is for the Hong Kong public offering and 90% for the international offering. The issue price for each depositary security is HKD 26, raising approximately HKD 2.269 billion in net proceeds from the global offering. Each lot consists of 100 depositary securities, and the depositary securities are expected to begin trading on the Stock Exchange at 9:00 AM on June 26, 2026 (Friday).
The Hong Kong public offering was subscribed 4.42 times, while the international offering was subscribed 7.67 times