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California Fitness gym chain chalked up losses of more than $25.6m
Published Fri, Aug 12, 2016 · 09:50 PM
Singapore
JV Fitness, the company that owns and operates the now-closed California Fitness gym chain in Singapore, had chalked up losses of more than $25.6 million as at June 30 this year, said a report by its provisional liquidators.
The company has total liabilities of $30.8 million and assets of $5 million, said the report by Tim Reid and Theresa Ng, who were officially appointed as liquidators by the High Court on Friday.
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