SINGAPORE - A gym which ceased operations unexpectedly in March allegedly owes a total of $3.8 million to its members, banks and other stakeholders.
Close to 700 members of Sky Fitness are estimated to be affected, some of whom have taken their case to the Small Claims Tribunal, Chinese evening daily Shin Min Daily News reported on Wednesday.
According to the Accounting and Corporate Regulatory Authority's records, the company has been in liquidation since April 21.
Affected members of the gym located at HarbourFront Tower Two have taken to the Internet to seek help and to discuss their next course of action.
Some claimed that they had signed up for packages with the gym as recently as February and felt cheated as they believe the gym was probably already in financial difficulties then.
One member was quoted by the Chinese paper saying: "The gym was still aggressively marketing their packages a few weeks before they closed, which I thought was not right".