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Shanghai Daily News Digest

20 health clubs to reopen after US$2.1m bail out   2014-10-22

 

 

TWENTY of the Congen Massage Healthcare Clubs that closed over the National Day holiday due to financial difficulties are set to reopen for business today.

The move comes after new owner Shanghai Kuailu Investment Group announced it had completed a cash injection of 13 million yuan (US$2.1 million) into the ailing business, STV reported yesterday.

All of the outlets will honor the prepaid membership cards previously sold to customers, said Kuailu President Bi Yue.

 


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