Dear A.S.S. Editor
Will they or won't they? I am a member of the True Fitness chain, having just signed up in March this year. With news that True Fitness have closed all of their outlets in Thailand and Malaysia, but also announced an aggressive expansion plans in China.
Now, I am worried that these expansion plans were only rolled out to assure Singaporean members like myself that True Fitness are ok. But look at them. The reality is, they abruptly closed in Thailand and Malaysia. Isn't this signs of a company in financial trouble?
The company has stated that the Singapore outlets are totally a different legal entity from Thailand, and again gave the same reason for the closure of the Malaysian outlets. But this does not sound good. I worry that when tomorrow comes, after all the assurances given, which is actually not much anyways, then suddenly, True Fitness will also close their outlets here. And I will lose all of my money already paid to them.
It is too late to back out now. Can anyone help if this were to really happen? How can I get my money back?