$16m transaction with Mexican tycoon will help improve Thai media firm’s liquidity
JKN founder Jakkaphong “Anne” Jakrajutatip made global headlines in 2022 when she announced that her Bangkok-based media company had acquired the Miss Universe Organization. (Photo: JKN Global Group)
The struggling local media company JKN Global Group Plc has said it will sell a 50% stake in its Miss Universe business for $16 million (570 million baht).
The shares in JKN Legacy Inc, which owns the copyright to the beauty pageant, will be acquired by Legacy Holding Group USA Inc,…
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