Petition to Bankruptcy Court seeks to adjust interest rates and extend payment periods
JKN founder and major shareholder Jakkaphong “Anne” Jakrajutatip sold nearly 100 million shares in the company in September to comply with market rules following a steep price drop. (Photo: JKN)
JKN Global Group Plc, the SET-listed media company that owns the Miss Universe beauty pageant brand, has petitioned for debt rehabilitation as it seeks to solve a liquidity squeeze.
The business rehabilitation request was submitted to the Central Bankruptcy Court on Wednesday, JKN said in a
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