Calista Wong
The Straits Times
Sept 11, 2026
True Fitness and True Yoga in Singapore are undergoing liquidation and set to close, with their parent company Kontafarma China Holdings declaring that they cannot continue business owing to liabilities.
The Accounting and Corporate Regulatory Authority’s BizFile records as at Sept 11 lists both True Fitness’ and True Yoga’s statuses as “in liquidation – creditors voluntary winding up”.
Kontafarma China Holdings said in a bourse listing that provisional liquidators have been appointed, with extraordinary general meetings and creditors’ meetings scheduled in October.
“The True Singapore Group’s fitness and yoga centres in Singapore are intended to be closed as part of the process,…