Kuala Lumpur, June 13, 2025 — Following its sudden withdrawal from the Mexican market, 1FIT Malaysia has officially announced that it will cease all operations and enter formal liquidation, citing insufficient funds and the inability to raise additional capital.
📌 Key Highlights from the Official Statement
In its announcement, 1FIT Malaysia confirmed the following:
-All services, including gym access and new memberships, are suspended as of June 13, 2025;
-Subscribers with remaining valid subscription time may apply for full or partial refunds via the google form.
-All refund requests will be processed in strict submission order and are subject to available funds under the liquidation procedure;
-Partner gyms and studios will be contacted directly with further instructions;
-The company emphasized that the closure is being carried out under a formal legal framework, and no individual is personally liable.
💰 Subscription Model Collapse Triggers Shutdown
1FIT adopted a “one subscription, citywide access” model, enabling users to visit multiple fitness centers for a single monthly fee. While appealing to users, this model created high operational risk—especially in terms of cash flow, as the company was obligated to compensate each gym per visit.
According to its official statement, the primary causes of the shutdown were:
-Inability to secure further investment;
-Insufficient capital to sustain operations.
In Malaysia, the business appears to have expanded faster than it could maintain financial balance, ultimately leading to its collapse.
✍️ Commentary: Legal Exit, but Brand Trust Erodes
While 1FIT Malaysia emphasizes that the wind-down will be handled with transparency, integrity, and respect, its simultaneous exits from multiple countries have damaged brand credibility. For many small and mid-sized gyms that relied on the platform, the sudden halt and uncertain payouts present tangible financial risk.
