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20-07-2016, 10:50 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
I note in the last para that HK has arrested 2 of the executives and one of the directors is wanted and on the run. In Singapore gyms have repeatedly collected fees in advance and closed prematurely and nothing is done. CASE will give some gratuitous comment about assisting consumers and nothings gets done except collecting membership fee to listen to their story.
Anyone knows why HK always seem to more proactive in protecting their consumers?
http://theindependent.sg/california-...ms-are-closed/ (http://theindependent.sg/california-fitness-announces-past-midnight-that-all-its-spore-gyms-are-closed/)
California Fitness announces past midnight that all its Spore gyms are closed
By The Independent - July 20, 2016 8 2380
In a hasty announcement made just after midnight on Wednesday (July 20), California Fitness declared that it has ceased all its gym operations in Singapore. Tim Reif and Theresa Ng of Ferrier Hodgson have been appointed as Provisional Liquidators of JV Fitness Pte Ltd, by the order of the High Court on Jul 19, 2016, the press release said.
JV Fitness is the owner of California Fitness branches located at Bugis, Raffles Place and Novena. The press release said:
“JV Fitness does not have adequate liquid resources to continue its operations and therefore all outlets in Singapore will be closed from today until further notice. The Provisional Liquidators will quickly explore options that may be available to enable the business to operate but for time being, it is necessary to cease the operations of the fitness centres with immediate effect.”
Last Saturday California Fitness Singapore announced the closure of its its Raffles Club. The closure sparked fear that the gym’s woes in Hong Kong will follow its members here in Singapore.
South China Morning Post reported that the gym operator owes an estimated $22.6 million in rent and other operating costs. Two of the company’s senior executives were arrested on Monday. Its sole director Wong Lunis is on the run and is wanted by Hong Kong’s Customs and Excise Department.
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?233131-HK-Arrests-California-Fitness&goto=newpost).
I note in the last para that HK has arrested 2 of the executives and one of the directors is wanted and on the run. In Singapore gyms have repeatedly collected fees in advance and closed prematurely and nothing is done. CASE will give some gratuitous comment about assisting consumers and nothings gets done except collecting membership fee to listen to their story.
Anyone knows why HK always seem to more proactive in protecting their consumers?
http://theindependent.sg/california-...ms-are-closed/ (http://theindependent.sg/california-fitness-announces-past-midnight-that-all-its-spore-gyms-are-closed/)
California Fitness announces past midnight that all its Spore gyms are closed
By The Independent - July 20, 2016 8 2380
In a hasty announcement made just after midnight on Wednesday (July 20), California Fitness declared that it has ceased all its gym operations in Singapore. Tim Reif and Theresa Ng of Ferrier Hodgson have been appointed as Provisional Liquidators of JV Fitness Pte Ltd, by the order of the High Court on Jul 19, 2016, the press release said.
JV Fitness is the owner of California Fitness branches located at Bugis, Raffles Place and Novena. The press release said:
“JV Fitness does not have adequate liquid resources to continue its operations and therefore all outlets in Singapore will be closed from today until further notice. The Provisional Liquidators will quickly explore options that may be available to enable the business to operate but for time being, it is necessary to cease the operations of the fitness centres with immediate effect.”
Last Saturday California Fitness Singapore announced the closure of its its Raffles Club. The closure sparked fear that the gym’s woes in Hong Kong will follow its members here in Singapore.
South China Morning Post reported that the gym operator owes an estimated $22.6 million in rent and other operating costs. Two of the company’s senior executives were arrested on Monday. Its sole director Wong Lunis is on the run and is wanted by Hong Kong’s Customs and Excise Department.
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?233131-HK-Arrests-California-Fitness&goto=newpost).