Fitness studio Haus Athletics shuts outlets; operating company in liquidation
Paige Lim
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).
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
CDL, Hong Realty outbid 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot
Evergrande’s liquidation prompts some PwC partners to shield assets, contemplate divorce
Private equity giant Carlyle can grow bigger but needs to stay on its toes: co-founder David Rubenstein