Audi recalling 1.16 million vehicles worldwide over coolant pump issue
Volkswagen AG's luxury unit Audi said on Tuesday that it was recalling 1.16 million vehicles worldwide because of concerns that an electric coolant pump could overheat or short-circuit from moisture within the pump and pose a fire risk.
KUALA LUMPUR (Oct 18): Based on corporate announcements and news flow today, stocks in focus on Thursday (Oct 18) may include Gabungan AQRS Bhd, PUC Bhd, Country Heights Holdings Bhd, Maxis Bhd, JAKS Resources Bhd and Bioalpha Holdings Bhd.
Gabungan AQRS Bhd posted an 80.7% spike in net profit to RM17.05 million in the third quarter ended Sept 30 from RM9.43 million a year ago, in tandem with higher revenue as its projects moved to more advanced stages of construction.
Investors, including UnderArmour founder Kevin Plank, want to build a bustling waterfront business center that will bring high-paying jobs and world renown to a now-blighted section of South Baltimore.