Eleeza Inc to take over Alexander outlets

Eleeza International Inc (宜麗國際) said yesterday it had signed an agreement with the debt-ridden Alexander Group (亞力山大集團) to reopen the failed fitness chain under a new name.

"The new company has no connection with Alexander, and Alexander founder Candy Tang (唐雅君) will not be involved," Eleeza International president Liang Mu-chun (梁木春) said.

"It will be a brand new health club, but with Alexander's existing equipment and outlets," Liang said, adding that the new company had no responsibility for Alexander's debts.

Liang said the new company planned to buy a total of eight outlets: seven Alexander Health Clubs and one Jun Spa (君 Spa).

"The company is hoping to start operating before the end of March," Jaclyn Tsai (蔡玉玲), a senior partner at the Taipei-based Lee, Tsai & Partners Attorneys-at-Law (理慈國際科技法律事務所), told reporters yesterday.

Tsai said the company would offer discounts to attract Alexander's old members, without giving further details.

However, Tsai said potentially deal-breaking negotiations on rights to equipment, operating licenses and premises still had to take place.

Tsai said Chen Wu-kang (陳武剛), chairman of Kelti International Co (克緹國際), had expressed an interest in investing in the new company.