According to the Zhitong Finance APP, MERDEKAGOLD-DRS (06228) has been listed for the first time, with an announcement showing a price of HKD 26.6 per share, totaling 89.6686 million shares issued, with a minimum trading unit of 100 shares. This global offering consists entirely of existing shares sold, and the issuer MERDEKA GOLD will not receive any net proceeds, with all funds belonging to the selling shareholders. As of the time of publication, there was no price change, remaining at HKD 26.6, with a transaction volume of HKD 149 million.

Public information shows that Merdeka Gold is a gold mining company listed on the Indonesia Stock Exchange and one of Asia's top pure gold producers. Its core asset, the Pani Gold Mine, is the largest primary gold mine in Indonesia, expected to rank among the top two primary gold mines in Asia by 2030. The company is a subsidiary of the Indonesian mining group MCG Holdings, which holds approximately 63.33% of the shares. The Pani Gold Mine is expected to achieve its first gold production in February 2026.

According to the mining license, the Pani Gold Mine has a mining rights area of 135 hectares, with mineral resources of 291.5 million tons, a gold grade of 0.75 grams per ton, a gold metal amount of 7 million ounces (218.6 tons), and ore reserves of 203.1 million tons, with a gold grade of 0.79 grams per ton, and a gold metal amount of 5.2 million ounces (160.5 tons)