On November 9, the company that owns the copyright of Miss Universe - JKN Global - filed for bankruptcy in Thailand after missing the deadline to repay bonds worth 12 million USD.
According to The Nation , JKN Global has notified the Stock Exchange of Thailand of its decision to file for bankruptcy to seek protection from creditors. The company has also proposed a number of measures to restructure and improve its situation, including restructuring its business and finances, finding new sources of capital... and preparing a plan to ensure liquidity.
Miss Universe owner - Anne Jakapong Jakrajutatip.
JKN Global is owned by media mogul and transgender activist Anne Jakapong Jakrajutatip. In 2022, JKN bought the Miss Universe 2023 brand for $20 million and pledged to increase the value of the brand. Rumors about the company's financial picture have been circulating since late August, and the stock price has now dropped 80% in just one year.
The Miss Universe 2023 pageant is taking place in El Salvador with the participation of 85 beauties. Previously, some viewers thought that the pageant could be postponed because the owner was having financial problems.
The Miss Universe 2023 contest is taking place in full swing despite financial turmoil from the owner.
Moraya Wilson, Australia's representative at Miss Universe 2023, is also facing pressure to return her crown after it emerged that her parents' companies owed millions of dollars. News revealed that Miss Australia is the daughter of two investors who went bankrupt over a $45 million debt.
Miss Australia Moraya Wilson at the Miss Universe 2023 contest.
Currently, a citizen named Willy Bagatcholon has filed a petition on change.org asking Moraya Wilson to relinquish her title as Miss Universe Australia. In the petition, this person stated: "Given recent information that Moraya Wilson and her parents are involved in tax evasion of approximately $100 million, her character is not consistent with the message of Miss Universe."
Miss Australia, Moraya Wilson at the party on November 9.
Responding to News.com.au , Miss Australia denied any involvement with the controversial businesses and companies. She said: "I am a legal representative of the Miss Universe Australia organization and am worthy of representing Australian girls at this year's competition."
Currently, Moraya Wilson performs well in activities and is ranked in the top 10 most outstanding beauties by Globalbeauties .
(Source: Vietnamnet)
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