Gym chains True Fitness Pte Ltd and True Yoga Pte Ltd have shut all their clubs in Singapore after being placed under provisional liquidation, adding to a string of fitness closures in the…
(Sept 11): Gym chains True Fitness Pte Ltd and True Yoga Pte Ltd have shut all their clubs in Singapore after being placed under provisional liquidation, adding to a string of fitness closures in the city-state in recent years.
The provisional liquidation came into effect from Sept 10, according to a closure notice posted on their mobile app. “All clubs’ operations will cease with immediate effect,” it said.
Records filed with Singapore’s Accounting and Corporate Regulatory Authority (ACRA) show the…