Singapore Court Confirms GNC's Rights to Assume Former GNC Store Leases from LAC, Setting the Stage for Continued Growth in Singapore - Thailand PR News - [Banking](https://thailandbusinessnews.net/category/banking/) - [Companies](https://thailandbusinessnews.net/category/companies/) - [Economy](https://thailandbusinessnews.net/category/economy/) - [Press Releases](https://thailandbusinessnews.net/category/press-release/) - [PR Newswire](https://thailandbusinessnews.net/pr-newswire-updates/) - [Tech](https://thailandbusinessnews.net/category/tech/) - [Tourism](https://thailandbusinessnews.net/category/tourism/) - [Press Release](https://thailandbusinessnews.net/category/press-release/) # Singapore Court Confirms GNC's Rights to Assume Former GNC Store Leases from LAC, Setting the Stage for Continued Growth in Singapore ##### Up next ###### [The global campaign '7 Wonders of Future Cities' from New7Wonders starts on World Cities Day](https://thailandbusinessnews.net/press-release/the-global-campaign-7-wonders-of-future-cities-from-new7wonders-starts-on-world-cities-day/) Published on 31 October 2025 ##### Author ##### [ CISION PRNewswire ](https://thailandbusinessnews.net/author/cision/) ##### Tags - [PRNewswire](https://thailandbusinessnews.net/tag/prnewswire/) ![](https://mma.prnasia.com/media2/74548/general_nutrition_centers__inc__logo.jpg?p=medium600 "logo") Ruling reduces market confusion and reinforces GNC’s science‑backed leadership; company accelerates partnership with Watsons to deliver best‑in‑class wellness solutions for consumers PITTSBURGH, Oct. 31, 2025 /PRNewswire/ — [GNC](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4546057-1&h=1322408101&u=https%3A%2F%2Fwww.gnc.com%2F&a=GNC), the global leader in science‑backed health and wellness, welcomed the Singapore International Commercial Court’s ("SICC") [decision](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4546057-1&h=51633418&u=https%3A%2F%2Fwww.elitigation.sg%2Fgd%2Fs%2F2025_SGHCI_25&a=decision) to uphold [an arbitration award](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4546057-1&h=723199747&u=https%3A%2F%2Fwww.gnc.com%2Flearn%2Fnewsroom%2Fgnc-arbitration-awards.html%3Fsrsltid%3DAfmBOooOAhIIAn9A3qNbzAHE1YTk7qOBFJtwCwuAkK0OQLHtBDquNMUc&a=an+arbitration+award) requiring ONI Global Pte. Ltd. and LAC Global (Singapore) Pte. Ltd. (collectively, "ONI/LAC Global") to assign to GNC store leases previously operated by ONI/LAC Global as GNC franchise stores, and to pay approximately USD 46.9 million to GNC. The SICC’s decision marks an important milestone in bringing clarity to the Singapore market and reaffirms GNC’s commitment to protecting consumers while strengthening the brand’s presence across Singapore. The SICC’s [decision](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4546057-1&h=51633418&u=https%3A%2F%2Fwww.elitigation.sg%2Fgd%2Fs%2F2025_SGHCI_25&a=decision) aligns with the [arbitration award](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4546057-1&h=803555250&u=https%3A%2F%2Fwww.gnc.com%2Flearn%2Fnewsroom%2Fgnc-arbitration-awards.html%3Fsrsltid%3DAfmBOooOAhIIAn9A3qNbzAHE1YTk7qOBFJtwCwuAkK0OQLHtBDquNMUc&a=arbitration+award), reinforcing GNC’s commitment to safeguard consumers and restore brand leadership in Singapore. By affirming GNC’s rights to the relevant store leases, these rulings establish a clear framework for potential next steps. As a first step in relation to the assignment of the relevant store leases to GNC, the [arbitration award](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4546057-1&h=803555250&u=https%3A%2F%2Fwww.gnc.com%2Flearn%2Fnewsroom%2Fgnc-arbitration-awards.html%3Fsrsltid%3DAfmBOooOAhIIAn9A3qNbzAHE1YTk7qOBFJtwCwuAkK0OQLHtBDquNMUc&a=arbitration+award) requires ONI/LAC Global to hand over to GNC all lease agreements for 54 former GNC franchise store locations in Singapore. In the event landlord consent is required for the assignment of the relevant store leases, the [arbitration award](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4546057-1&h=803555250&u=https%3A%2F%2Fwww.gnc.com%2Flearn%2Fnewsroom%2Fgnc-arbitration-awards.html%3Fsrsltid%3DAfmBOooOAhIIAn9A3qNbzAHE1YTk7qOBFJtwCwuAkK0OQLHtBDquNMUc&a=arbitration+award) requires ONI/LAC Global to make all reasonable efforts to secure landlord consent as promptly as possible. ONI/LAC Global have appealed against the SICC’s decision. "The SICC’s decision helps eliminate confusion and ensures consumers can confidently access authentic, science‑backed GNC products," said Cheri Mullen, SVP Chief International Officer. "We are grateful for the court’s clarity. Our focus remains centered on serving customers, supporting partners, and advancing a disciplined expansion that reflects GNC’s best‑in‑class standards." As part of its growth strategy, GNC continues to expand access to its products through its partnership with Watsons – one of Asia’s leading health and beauty retailers – with the popular, growing [store-within-a-store](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4546057-1&h=1684078127&u=https%3A%2F%2Fwww.gnc.com%2Flearn%2Fnewsroom%2Fgnc-debuts-at-watsons-flagship-singapore.html&a=store-within-a-store) concept. Together, the companies are delivering a convenient, trusted shopping experience that blends Watsons’ retail footprint and omnichannel capabilities with GNC’s science‑backed product leadership. Consumers can expect curated assortments, knowledgeable guidance, and seamless access both in‑store and online via Watsons’ channels. "GNC’s partnership with Watsons has been instrumental in reconnecting Singapore consumers with GNC’s product mix and expertise," Mrs. Mullen added. "With the SICC’s decision, we are pleased to see clarification in the market that LAC and GNC are distinct, and LAC does not distribute GNC products." As implementation progresses, consumers in Singapore can shop with confidence at official GNC touchpoints, exclusively at Watsons stores and Watsons’ online platforms, knowing they are purchasing authentic GNC products supported by the brand’s science‑backed standards. About GNC GNC is a leading global health and wellness brand that provides customers with a wide variety of science-backed products and solution services to Live Well. The brand touches consumers worldwide by providing its products and services through company-owned retail locations, domestic and international franchise locations, digital commerce, and strong wholesale and retail partnerships across the globe. GNC’s diversified, multi-channel business model has worldwide reach and a well-recognized, trusted brand. By combining exceptional innovation, product development capabilities, and an extensive global distribution network, GNC manages a best-in-class product portfolio. [www.gnc.com](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4546057-1&h=4245843212&u=https%3A%2F%2Fwww.gnc.com%2F&a=www.gnc.com). Media contact: [Source link ](https://www.prnasia.com/story/archive/4811747_AE11747_0?rand=89749) ``` This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network ``` ##### You May Also Like [](https://thailandbusinessnews.net/press-release/bybit-web3-surpasses-1-million-wallet-users-introduces-keyless-wallet-for-unrivaled-security-and-simplicity/) ![Bybit Web3 Surpasses 1 Million Wallet Users, Introduces Keyless Wallet for Unrivaled Security and Simplicity](https://i0.wp.com/thailandbusinessnews.net/wp-content/uploads/2024/01/Bybit_Web3_Logo.jpg?resize=260%2C115&ssl=1 "Bybit Web3 Surpasses 1 Million Wallet Users, Introduces Keyless Wallet for Unrivaled Security and Simplicity") - [Press Release](https://thailandbusinessnews.net/category/press-release/) - [Tech](https://thailandbusinessnews.net/category/tech/) ## Bybit Web3 Surpasses 1 Million Wallet Users, Introduces Keyless Wallet for Unrivaled Security and Simplicity DUBAI, UAE, Jan. 19, 2024 /PRNewswire/ — Bybit, the world’s third largest… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - January 19, 2024 [](https://thailandbusinessnews.net/press-release/bukalapak-jabar-digital-service-and-vingroup-lead-the-charge-in-esg-winning-the-2023-asean-tech-for-esg-awards/) ![Bukalapak, Jabar Digital Service, and Vingroup Lead the Charge in ESG, Winning the 2023 ASEAN Tech for ESG Awards](https://i0.wp.com/thailandbusinessnews.net/wp-content/uploads/2024/03/1710406587_photo.jpg?resize=260%2C140&ssl=1 "Bukalapak, Jabar Digital Service, and Vingroup Lead the Charge in ESG, Winning the 2023 ASEAN Tech for ESG Awards") - [Press Release](https://thailandbusinessnews.net/category/press-release/) ## Bukalapak, Jabar Digital Service, and Vingroup Lead the Charge in ESG, Winning the 2023 ASEAN Tech for ESG Awards SINGAPORE, March 14, 2024 /PRNewswire/ — The 3 winning entries of the second… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - March 14, 2024 [](https://thailandbusinessnews.net/press-release/blockchain-com-debuts-bespoke-wealth-program-for-elite-investors-high-volume-trading-clients/) ![Blockchain.com Debuts Bespoke Wealth Program For Elite Investors & High-Volume Trading Clients](https://i0.wp.com/mma.prnasia.com/media2/2928480/New_BCDC_Logo_Logo.jpg?resize=260%2C140&ssl=1 "Blockchain.com Debuts Bespoke Wealth Program For Elite Investors & High-Volume Trading Clients") - [Press Release](https://thailandbusinessnews.net/category/press-release/) ## Blockchain.com Debuts Bespoke Wealth Program For Elite Investors & High-Volume Trading Clients Backed by Blockchain.com’s multi-billion dollar institutional BTC holdings, Blockchain Wealth provides high-net-worth… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - April 29, 2026 ##### Most Read - [![CMC REIT Steadily Advances Strategic Transformation in 2026 Interim Results](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/cmc-reit-steadily-advances-strategic-transformation-in-2026-interim-results/ "CMC REIT Steadily Advances Strategic Transformation in 2026 Interim Results") [CMC REIT Steadily Advances Strategic Transformation in 2026 Interim Results](https://thailandbusinessnews.net/press-release/cmc-reit-steadily-advances-strategic-transformation-in-2026-interim-results/ "CMC REIT Steadily Advances Strategic Transformation in 2026 Interim Results") - [![Hyundai Motor Company Charts Profit-Driven Growth Roadmap at 2026 CEO Investor Day](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/hyundai-motor-company-charts-profit-driven-growth-roadmap-at-2026-ceo-investor-day/ "Hyundai Motor Company Charts Profit-Driven Growth Roadmap at 2026 CEO Investor Day") [Hyundai Motor Company Charts Profit-Driven Growth Roadmap at 2026 CEO Investor Day](https://thailandbusinessnews.net/press-release/hyundai-motor-company-charts-profit-driven-growth-roadmap-at-2026-ceo-investor-day/ "Hyundai Motor Company Charts Profit-Driven Growth Roadmap at 2026 CEO Investor Day") - [![UOB Poll Finds SMEs Keen on AI but Struggle to Move Beyond Pilot Stage](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/uob-poll-finds-smes-keen-on-ai-but-struggle-to-move-beyond-pilot-stage/ "UOB Poll Finds SMEs Keen on AI but Struggle to Move Beyond Pilot Stage") [UOB Poll Finds SMEs Keen on AI but Struggle to Move Beyond Pilot Stage](https://thailandbusinessnews.net/press-release/uob-poll-finds-smes-keen-on-ai-but-struggle-to-move-beyond-pilot-stage/ "UOB Poll Finds SMEs Keen on AI but Struggle to Move Beyond Pilot Stage") - [![Meet Whole Earth Allulose: the 100% natural sugar swap](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/meet-whole-earth-allulose-the-100-natural-sugar-swap/ "Meet Whole Earth Allulose: the 100% natural sugar swap") [Meet Whole Earth Allulose: the 100% natural sugar swap](https://thailandbusinessnews.net/press-release/meet-whole-earth-allulose-the-100-natural-sugar-swap/ "Meet Whole Earth Allulose: the 100% natural sugar swap") - [![China Literature to Report First Half 2024 Financial Results on August 12, 2024](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/china-literature-to-report-first-half-2024-financial-results-on-august-12-2024/ "China Literature to Report First Half 2024 Financial Results on August 12, 2024") [China Literature to Report First Half 2024 Financial Results on August 12, 2024](https://thailandbusinessnews.net/press-release/china-literature-to-report-first-half-2024-financial-results-on-august-12-2024/ "China Literature to Report First Half 2024 Financial Results on August 12, 2024") - [![Smartkem Completes First Sale of its TRUFLEX® Semiconductor Materials to Chip Foundation under their Co-Development Agreement](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/smartkem-completes-first-sale-of-its-truflex-semiconductor-materials-to-chip-foundation-under-their-co-development-agreement/ "Smartkem Completes First Sale of its TRUFLEX® Semiconductor Materials to Chip Foundation under their Co-Development Agreement") [Smartkem Completes First Sale of its TRUFLEX® Semiconductor Materials to Chip Foundation under their Co-Development Agreement](https://thailandbusinessnews.net/press-release/smartkem-completes-first-sale-of-its-truflex-semiconductor-materials-to-chip-foundation-under-their-co-development-agreement/ "Smartkem Completes First Sale of its TRUFLEX® Semiconductor Materials to Chip Foundation under their Co-Development Agreement") ##### Subscribe via Email Enter your email address to subscribe and receive notifications of new posts by email. Email Address Subscribe [](https://thailandbusinessnews.net/press-release/ohmyhome-limited-announces-share-consolidation/) ## Ohmyhome Limited Announces Share Consolidation SINGAPORE, Aug. 27, 2026 /PRNewswire/ — Ohmyhome Ltd (NASDAQ: OMH) (the… [](https://thailandbusinessnews.net/press-release/simple-recycle-company-limited-recognized-for-building-a-digitally-enabled-circular-ecosystem-in-thailand/) ## Simple Recycle Company Limited Recognized for Building a Digitally Enabled Circular Ecosystem in Thailand SINGAPORE, Aug. 27, 2026 /PRNewswire/ — Simple Recycle Company Limited has been… [](https://thailandbusinessnews.net/press-release/ph-fintech-mynt-scales-gstocks-into-countrys-largest-online-retail-platform-for-local-stock-market/) ![Ph fintech Mynt scales GStocks into country's largest online retail platform for local stock market](https://i0.wp.com/mmx.prnasia.com/media/MS1976797/20260827024148EDT_image_1.jpg?resize=260%2C140&ssl=1 "Ph fintech Mynt scales GStocks into country's largest online retail platform for local stock market") ## Ph fintech Mynt scales GStocks into country's largest online retail platform for local stock market MANILA, Philippines, Aug. 27, 2026 /PRNewswire/ — Beyond powering frictionless… [](https://thailandbusinessnews.net/press-release/sunway-medical-centre-penang-receives-dual-honours-at-the-asia-pacific-enterprise-awards-apea-2026-regional-edition-for-healthcare-excellence-and-brand-leadership/) ## Sunway Medical Centre Penang Receives Dual Honours at the Asia Pacific Enterprise Awards (APEA) 2026 Regional Edition for Healthcare Excellence and Brand Leadership SINGAPORE, Aug. 27, 2026 /PRNewswire/ — Sunway Medical Centre Penang (SMCP) has…