WILL WEAK CONSUMER LAWS PROTECT S’POREANS IF CALIFORNIA FITNESS CLOSES DOWN?

California Fitness under JV fitness had shut down their Hong Kong branches abruptly without notification.

The same will eventually happen to Singapore as California Fitness Singapore belong to the same group, JV fitness.

Is there any way that the relevant government sector can protect the existing gym members or the public from falling scam by getting a security bond from JV fitness beforehand?

In the event when it fold, we can get compensation/remaining gym fee?

Victim
A.S.S. Contributor