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The final IPO of Bursa Malaysia in 2024 saw VStar Capital surge by 46%.
VStar Capital $WINSTAR (0336.MY)$ Jumping on the last bus at the end of the year, it opened with a bang on its first day of trading, surging by 46% or 16 sen, finally closing at 51 sen.
V Star Capital opened strongly at 49 cents this morning, with a 40% premium over the IPO price of 35 cents, or 14 cents, with the first transaction volume of 4.78 million shares.
The CEO, Mr. Cai Wenfeng, expressed to the media after the bell-ringing ceremony: "We are delighted with today's impressive stock price performance, which is largely due to the strong support from the market investors, enabling us to achieve such excellent results."
The stock price on its first day of listing once climbed to 56.5 cents, a 61.43% increase over the IPO offering price of 35 cents, or 21.5 cents.
Although the stock price later experienced a slight retreat, it closed at 51 cents at the end of the day, with a premium of 16 cents or 45.71%, and a trading volume of 82.36 million shares, making it the second hottest stock of the day.
At the same time, Cai Wenfeng is also confident in the company's prospects after listing.
He explained: "The booming development of domestic construction and property, as well as the potential opportunities for solar energy projects brought by the National Energy Transition Plan (NETR), are all favorable factors that can drive the company's growth."
"We believe that the company will be able to adapt quickly to market changes, develop new products, and expand into new niche markets."
The rise in aluminum prices is beneficial to the core business.
VStar Capital is a holding company with four subsidiaries, namely VStar Venture, VStar Asset Management, VStar Philanthropy Foundation, and VStar Financial Services, covering a wide range of industries such as asset management, venture capital, philanthropy, and financial services.

$ProShares UltraPro Short QQQ ETF (SQQQ.US)$ If nothing unexpected happens, the accident will happen tonight. The trading volume these days is unexpectedly higher than August 5th, with a high turnover ratio, and the candle is not long enough... Rationally speaking, the candle should be a long white candle +10%... But yesterday's performance was very disappointing, many people are trying to avoid losses, and the selling pressure cannot be broken through.
I am... You are Buffet who has been shorting for a long time, value shorting, continuously adding positions and holding leveraged short positions on the Index for a long time, making investors experience unprecedented losses and despair, with a maximum unrealized loss of up to -70%.

Port freight volume surged in Malaysia. International shipping will continue the trend next year.
(Kuala Lumpur, 18th) As facing ongoing port congestion issues, major ports in Malaysia have experienced a surge in container throughput.
According to the report from Bernama, Westport Holdings $WPRTS (5246.MY)$ The container throughput in the first 9 months of this year has reached 8.11 million standard containers (TEUs), benefiting from the trade activities within the Asian region, accounting for approximately 66% of the total.
In terms of general cargo, Westport Holdings also handled 9.02 million metric tons of dry bulk and bulk commodities during the same period, including steel products, soybeans, corn, fertilizers, coal slag, and more.
As for Northport in Port Klang, it also achieved a new high this year. As of November 27th, a total of 3.33 million TEUs were handled, while the throughput of general cargo reached 11.42 million metric tons, similarly breaking records.
The trend is expected to continue, with shipping rates remaining high next year.
At the same time, market experts also predict that the global market's growth in shipping demand will continue until 2025, driven by factors such as potential tariff policies of the incoming US President Trump, along with the trend of rising shipping costs and expenses.
International shipping company - CMA CGM Taiwan branch director Lin John (transliteration), as well as maritime scholars and commentator Nazriqalif, told the Malaysian news agency that many trends significantly impacting the shipping industry in 2024 will continue into 2025.
"This includes the growth in demand for container shipping services, expansion of shipping volume, ...

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$RGTI 250103 9.00P$ Making money is not easy!