HAUS Lifestyle, which runs fitness studio chain Haus Athletics, has been placed into creditors’ voluntary liquidation. Both its outlets, at Cross Street Exchange and OUE Downtown Gallery, have been shut down.

Cameron Duncan and David Kim of restructuring specialist KordaMentha were appointed provisional liquidators on Apr 21, according to a creditors’ letter seen by The Business Times.

Some 268 provisional creditors, many of them studio members, are owed S$1.8 million in total. A creditors’ meeting was held on May 9 (Tuesday).