The company that operates a chain of fitness centers in Hong Kong, Fitness First, has suspended operations from today and has begun liquidation proceedings.
Fitness First said on its website that it was a last resort that the company’s fitness center was unable to operate as usual due to the lengthy challenge. The management team, together with the parent company and shareholders, has been exploring and trying all possible avenues to sustain the business over the past few months, but has been unable to reverse the outcome.
The company appeals to cardholders who still hold valid service plan contracts as of today to check their emails to understand the arrangements made by the company.
