Former True Fitness, True Yoga workers attend job-matching session after sudden closure
It drew close to 40 attendees, with more than 100 job roles from over 60 companies offered.
Former True Fitness and True Yoga staff received job-matching assistance on September 17, approximately a week following the fitness chains' abrupt closure in Singapore. The event, organized by NTUC’s Employment and Employability Institute (e2i), National Instructors and Coaches Association (NICA), and Singapore Manual & Mercantile Workers’ Union (SMMWU), drew nearly 40 attendees and offered over 100 job roles from more than 60 companies. SMMWU’s membership team and NTUC-affiliated union members were present to support affected workers.
The job-matching session took place at the Devan Nair Institute for Employment and Employability. One attendee, a 36-year-old fitness instructor, said the session clarified job opportunities and career pathways within the fitness industry. Another participant, a project executive with 11 years of experience in the industry, commended the support provided by potential employers on-site.
True Fitness and True Yoga ceased operations on September 10, leaving numerous employees and freelancers seeking employment. Although non-unionized, some workers were SMMWU members. The union offered guidance on workplace matters and called on the companies to cooperate in providing support to impacted workers. The Singapore Fitness Alliance (SFA) collaborated with NICA and e2i to assist over 200 affected employees and freelancers in finding new jobs.
The closures occurred unexpectedly, with employees notified by email around 10:30 PM on September 10. Around 50 former employees convened at a liquidators’ meeting at the company’s office in Claymore Hill on September 11. True Fitness and True Yoga, part of the True Singapore Group under Hong Kong-listed Kontafarma China Holdings, reported a loss of HK$34.3 million (S$29.4 million) for the year ending December 31, 2025.
The parent company disclosed total assets of HK$149.7 million and liabilities of HK$555.5 million, leaving net liabilities of HK$405.8 million. Kontafarma provided cash funding to support the Singapore fitness business, but it continued to face liquidity pressure and owed about $2.3 million to an unnamed bank for a loan guaranteed by Kontafarma.
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