DEE Development Engineers (NSE:DEEDEV, BOM:544198) approved a preferential issue of up to 6.4 million equity shares at 502 rupees per share to raise about 3.20 billion rupees, according to an Indian bourse filing by the company.
The company will allot up to 398,406 shares worth about 200 million rupees to a promoter group entity and up to 5.6 million shares worth about 2.80 billion rupees to 23 non-promoter investors, the filing said.
Delta Electronics (TPE:2308) plans to begin small-volume shipments of its 800V high-voltage direct current (HVDC) architecture to Nvidia next quarter as the system moves into the verification stage, Taipei Times reported Thursday, citing the vice president of the power and system business group, Ares Chen.The 800V HVDC platform is expected to be deployed first in NVIDIA data centers before a broader rollout to other customers, depending on AI infrastructure demand. Delta is also ready for mass production and is developing a ±400V architecture, which has already completed verification Chen told the news outlet.The company said demand for liquid cooling remains strong, with capacity set to expand over 50% this year, and a shift toward liquid-to-liquid systems expected next year, the news outlet said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Authorities in Jiangxi, China approved two reagents manufactured by Tellgen (SHE:300642) subsidiary Jiangxi TellGen Life Technology, according to a Thursday filing with the Shenzhen bourse.The two reagents help with diagnosing osteoporosis.
(Corrects throughout to remove reference to Manulife US REIT and add Manulife Financial Corp's ticker)Manulife Financial Corp (HKG:0945) filed for the listing of SG$500 million worth of 2.88% subordinated bonds due 2036 on the Singapore bourse.The bonds will be listed and quoted in the Bonds Market on June 5, according to a filing with the Singapore Exchange on Thursday.