SINGAPORE: Months before the impending closures of True Group fitness chains in Malaysia and Thailand, then CEO Patrick John Wee Ewe Seng was still allowing the sale of new gym memberships of up to five years.
The lawsuit was brought against him by three Singapore-incorporated companies in the group - True Yoga, True Fitness and True Fitness . They also argued that Mr Wee conducted pre-sales for a new club in Plaza Damas, a development in Kuala Lumpur, that never opened, selling 50 such memberships from November 2016 to May 2017.
The plaintiffs said that Mr Wee failed to provide gym members in Thailand with alternative fitness facilities after the closure. For those in Malaysia, there was an arrangement to use CHI Fitness facilities, but this abruptly ended in January 2018. In his judgement, Justice Choo Han Teck agreed that Mr Wee had known that the True Group companies in Malaysia and Thailand were facing financial difficulties and impending closure since February 2017.
Source: Healthcare Press (healthcarepress.net)
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