Ever Harvest Group, the Hong Kong-based containership operator, has announced plans for a share issue with the fund issue to acquire more tonnage.

The company said it plans to issue around 350m shares at HKD 0.38 per share which could raise around HKD 133m ($17m).

It said about HKD 40.9m, or around 45% of the net proceeds would go towards adding three or four vessels to its fleet over the next two years.

However,