True Fitness and True Yoga recently declared an immediate cessation of all operations, attributing the decision to insurmountable debt. This abrupt shutdown has negatively impacted numerous staff members and gym patrons. Among those affected is a customer named Chen, who invested approximately S$21,000 in 2014 for "Lifetime Founder VIP" memberships for himself and his two daughters. Despite these premium packages, which included access to international branches, private lounges, and lockers, members were still required to pay an annual fee of S$107. Many other clients who purchased similar long-term agreements are now left without access to the facilities they paid for, highlighting the significant financial fallout caused by the gym chain's sudden insolvency.
Source : Mothership
Photo : Mothership
Aussi couvert par : Mothership
