Delta Electronics (TPE:2308) unit Delta Electronics (Thailand) (BKK:DELTA), has approved the reconstruction of Plant BP1 and Building BP1-P at an estimated cost of 3.2 billion baht, according to a Friday Taiwan Exchange filing.
Shares of the power and thermal management solutions provider were down nearly 4% in Taiwan and nearly 6% in Thailand in recent trading.
The reconstruction will support business development.
The project will be carried out on the company's own land, and the contractor will be announced once confirmed.