Korea's Hyundai Merchant Marine (HMM) is selling new stock to raise operating cash levels.
It will issue 2m new shares worth KRW 10bn ($8.85m) at KRW 5,000 each, it said in a filing.
They will be listed on 11 January.
In October, the company said it was selling KRW 1bn of bonds as it expands its fleet with 20 boxship newbuildings in Korea.
