Bangkok, JKN accepts sale of Miss Universe business. under negotiation But no conclusion has been reached after heavy market rumors that it was sold to Mr. Raul Rosa, a Mexican millionaire. Mr. Chakkraphong Chakrajutathip Chief Executive Officer and Managing Director of JKN Global Group Public Company Limited JKN explained to the Stock Exchange that In the case of news on online media The company would like to inform you that the company has taken steps to find investors with knowledge and ability. and sources of funds in order to make the company Able to achieve the management plan and develop the potential of the group of subsidiaries that organize competitions in the field of Beauty in the name of Miss Universe. The Company has contacted investors and funding sources with various business potential and has been studying the details of investors' investment proposals for some time. and is expected to A conclusion will be drawn on this matter in the future. For the news that there will be a press conferen ce tomorrow. The Company has not yet reached a conclusion on this matter and will inform you immediately when there is further progress. Reporters reported that At the moment there is news that JKN will sell the Miss Universe (MUO) business to Mr. Raul Rosa, a Mexican millionaire. It will be officially announced tomorrow. While Page is famous in the Philippine beauty industry Posted that ownership of the Miss Universe organization may change hands. Or there could be a joint venture soon between JKN and a Mexican businessman. As for negotiations to sell JKN's MUO, it must be brought into the business rehabilitation process as the company has filed with the bankruptcy court. At this time, the court has ordered the company to enter the process and to prepare a business rehabilitation plan to request approval from creditors to deal with all debt and property problems. At this time, JKN has stopped (Still) repaying all debts, including large bonds. The negotiation to sell MUO rights can be negotiated. But it mus t receive approval from creditors in the final step. Except that it is a negotiation to sub-sell the right to organize a contest in each country. This will be done in terms of normal business operations. Source: Thai News Agency