bodyType

customContents

entityId

entityUuid

articlePageQuery

filter

article

articleBaseAdvertisingInfoArticle

articleListArticle

articleSeoArticle

helpersCheckIsPostiesArticle

hooksArticleAcknowledgementGateOverlayArticle

hooksTrackPageViewArticle

hooksContentInterestArticle

articleLinkingDataContent

articleSchemaContent

liveArticle

advertZone

sentiment

contentLock

topics

types

sections

moreOnThisArticles

urlAlias

commentCount

sponsorType

authorLocations

authors

paywallTypes

corrections

displaySlideShow

multimediaEmbed

printHeadline

seriesContainer

socialHeadline

headline

flag

firstTopic

glossary

flattenTypeIds

publishedDate

additionalInfoBoxes

images

image

relatedLinks

relatedNewsletters

__typename

createdDate

sponsor

factSheets

series

disableOffPlatformContent

published

updatedDate

summary

subHeadline

body

keywords

copyrighted

customTimezone

liveContents

Eddie Lee

A Hong Kong court on Wednesday ordered the winding up of the parent company of shuttered gym chain California Fitness after the group failed to pay off the debt owed to a renovation company.
But an accountancy firm tasked with managing JV Fitness said a potential buyer was still interested in the chain’s assets.
Master Simon Lo Kit-man gave the liquidation order after BeSpark, which filed a petition in June to recoup losses from unpaid fees totalling about HK$7 million for renovation services provided to JV Fitness, told the court it had yet to receive the sum.
Members of failed Hong Kong gym chain shocked at proposal to sell their personal data
The renovation company was under the control of JV Fitness’s former owner Wong Ping-kuen, who sold the gym chain to his brother Wong Lun.
Other parties to the petition, including a former employee, did not raise an objection to the winding up of JV Fitness.
The operator of California Fitness, mYoga and Leap had about 64,000 members and 700 employees before it closed all its 12 outlets across the city in July.
It was said to have lost HK$117 million over the past two years.
I’m a victim too, says ex-owner of California Fitness
On Wednesday, ShineWing, the provisional liquidator responsible for managing JV Fitness, said its discussion with a potential investor would continue after the winding up order was made.
The potential investor was interested in buying JV Fitness’s assets, the provisional liquidator said.
ShineWing earlier said the gym chain’s members, as unsecured creditors who did not hold security, were unlikely to get a refund.
Should claims relating to debts be dealt with, JV Fitness’s secured creditors and former employees, who had not been paid, would be given priority, the provisional liquidator previously said.


Arnold 2.0: how Calum Von Moger played young Schwarzenegger to perfection in ‘Bigger’

Buyers rejoice, there’s finally a plan for Hong Kong’s gyms and beauty salons to offer a cooling-off period for service contracts

Consumer watchdog needs to be more dragon than paper tiger, say Hong Kong legislators

Fitness First accused of owing Hong Kong staff HK$2 million in back pay for public holidays

California Fitness

Hong Kong court orders winding up of California Fitness’ parent company

Closed doors at the California Fitness outlet in Wan Chai. Photo: Sam Tsang

News

Hong Kong

Law and Crime

Provisional liquidator says potential investor is interested in JV Fitness’ assets
