Taiwan's Yang Ming Marine Transport is to boost its finances with a share offer worth up to $342m.
The container line and bulker owner said it will carry out a public book-building to sell up to 300m new shares.
The stock closed down 3.85% at TWD 32.50 ($1.14) in Taipei on Thursday.
"With the greatly strengthened financial structure, Yang Ming will be in a strong and resilient position to achieve sustainable development," the company said.
