Consumers have reported significant financial losses after the closure of fitness and yoga outlets. The Consumers Association received 241 complaints, with total losses exceeding S$609,000. These losses are attributed to unused memberships and packages. Some memberships were lifetime memberships that cost up to S$21,000.
The companies entered provisional liquidation, resulting in the closure of multiple outlets. Employees were also affected, with some owed wages and other payments.
Further details on the situation are available from the Consumers Association, which has been handling the complaints from affected consumers.
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