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World Fitness Services Ltd

World Fitness Services Ltd. (Ticker: 2762 TT), operating under the brand name "World Gym Taiwan" (WGT), is a recreational center operator, specifically focusing on fitness centers in Taiwan. Established in 2001, WGT is known for being the largest fitness center chain in Taiwan, boasting 46 locations and over 250,000 members. The company's fitness centers, primarily located in Taipei and New Taipei, are known for their comprehensive offerings in state-of-the-art, full-service health clubs.

World Fitness Services will be listed on the Taiwan Exchange on January 24, 2024. The company plans to offer 11.35 million shares at a price of TWD 132.00 per share (USD 4.2408). This IPO is expected to achieve a market capitalization of TWD 14.85 billion (USD 477.09 million) and a total offer size of TWD 1.50 billion (USD 48.13 million). Sinopac Securities Corp is managing the offering.

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