Metaspacex (HKG:1796) said it terminated a previously announced share offering in view of recent market conditions, according to a Hong Kong bourse filing Thursday.
Shares of the fitting-out services firm fell over 14% in late morning trade Friday.
The firm had previously announced plans to raise HK$50 million via the sale of 16.7 million new shares at HK$3.00 apiece to an independent investor.