True Fitness and True Yoga are shutting down due to fierce competition and mounting liabilities. Members have reported significant losses, totaling S$609,000. The closure is a result of the companies being unable to withstand the competitive market.
Further details about the shutdown are available from the source. The amount of losses reported by members gives an indication of the financial impact of the closure on those affected.
More information can be found through the source, which provides additional context about the situation surrounding True Fitness and True Yoga.
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