Loss-making Taiwanese container line Yang Ming is lining up a stock issue to boost its finances.
The company said in a filing on Friday that it will sell 500m shares at a price yet to be determined.
The deal would bring in TWD 6.87bn ($226m) at the current level of TWD 13.75 each.
Yang Ming is reserving 50m shares for employees, while existing investors can buy the rest.
