World · Singapore Bureau
True Fitness and True Yoga liquidators process over 3,000 creditor claims
The liquidators overseeing the wind-down of True Fitness and True Yoga have received more than 3,000 claims from creditors. The process remains open, with claimants able to submit or adjust their claims through an online portal.
LSN Singapore ·
The joint liquidators handling the insolvency of True Fitness and True Yoga have processed over 3,000 creditor claims since the fitness and wellness chains entered administration, according to court filings.
Creditors affected by the collapse of the two operators remain able to lodge fresh claims or revise existing submissions through the RSM creditors' claims portal, which continues to accept documentation from claimants seeking recovery of outstanding amounts.
The scale of creditor interest underscores the widespread impact of the fitness chains' financial difficulties, which led to the suspension of operations and the appointment of liquidators to manage assets and settle liabilities. The exact timeline for the claims process and distribution to creditors has not been publicly specified.
Creditors are urged to monitor updates from the liquidators and ensure their claims are properly documented and submitted within any prescribed deadlines to preserve their recovery rights in the insolvency proceedings.