The Thai transgender tycoon Anne Jakrajutatipowner of the organization miss Universe, faces a serious problem; Her company JKN Global Group has filed for bankruptcy in her native Thailand, causing enormous uncertainty about what could happen to the future of the most important beauty pageant in the world.
Through a recent statement from JKN Global Groupit has been confirmed that the company applied to the Central Bankruptcy Court of Thailandenter into a process of restructuring their operations and the debt they currently have.
Thus, the company requests being able to delay the deadline for payment of debts, lower their interest and be able to sell assets to be able to settle some payments and continue operations in a structured way. However, the danger is very latent, since there are several shareholders that could proceed with legal claims.
Concern about the functioning of the miss Universe It is constant, but in the same statement it is assured that the contest will continue to operate normally and as planned. Anne Jakrajutatip acquired the franchise of the contest last 2022, when IMG Models sold the rights to it for more than 20 million dollars.
«JKN Global Group has announced a plan to refinance our debt and rehabilitate our business. “While our operating cash is intact and the company will continue to execute operations as planned, this is a necessary step in our growth to ensure our debt is paid down and the company remains financially healthy,” the statement read. release.
With respect to miss Universethe following was explained:
«The Miss Universe Organization, which is just one of our many lines of business, it is completely clean and will continue to work as planned. We look forward to three fantastic broadcasts next week,” he concluded.
The next edition The contest will take place on November 18. Currently, candidates from more than 85 countries are in the competition concentration in the city of San Salvador, The Saviora country that was announced as the venue for the final of Miss Universe 2022.
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