Hong Kong’s MTR Corporation accuses Physical of owing it HK$2.8 million in rent and fees
Corporation is seeking to recover HK$320,000, the sum remaining after deducting HK$2.48 million deposit paid by now-defunct gym chain in 2021
Hong Kong’s MTR Corporation has accused the owners of now-closed fitness chain Physical of owing it nearly HK$2.8 million (US$360,000) in rent and management fees, with some outstanding charges dating back to last December.
The rail giant, which also operates shopping centres, is seeking to recover more than HK$320,000 from Physical and its two directors, Luk Ngai-keung and Ho Yuk-wah, over its outlet in Telford Plaza, a mall in Kowloon Bay.
In a writ made public in the District Court on Tuesday, the plaintiff accused Physical Health Centre and its owners of owing it more than HK$2.79 million.
The sum comprises HK$1.2 million in rent between January and May, and HK$1.07 million in management fees between December and May.
Physical abruptly ended 38 years of business on September 6 after the Mandatory Provident Fund Schemes Authority accused it of not paying HK$3 million in contributions and arrears for 740 employees.
The MTR Corp had signed a contract with Physical over the lease of shop 701-712 on the seventh floor of Telford Plaza from May 2, 2021, to May 1 this year.
