Popular Post snoop1130 Posted November 9, 2023 Popular Post Share Posted November 9, 2023 The Thai media company that owns the Miss Universe beauty pageant brand said on Thursday it has filed for bankruptcy while it tries to resolve a “liquidity problem”. JKN Global Group made the announcement in a statement to the Thai Stock Exchange two months after it missed a deadline to repay bonds worth around $12 million. The company, owned by media mogul and transgender rights campaigner Anne Jakapong Jakrajutatip, bought the pageant — previously owned by former US president Donald Trump — in 2022 for $20 million. Caption: File photo : Thai businesswoman and owner of Miss Universe pageant Anne Jakkaphong Jakrajutatip//AFP Full story: Thai PBS 2023-11-09 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe 4 Link to comment Share on other sites More sharing options...
Popular Post Lee65 Posted November 9, 2023 Popular Post Share Posted November 9, 2023 Not bad looking for a dude 1 1 2 1 1 Link to comment Share on other sites More sharing options...
Popular Post Chris Daley Posted November 9, 2023 Popular Post Share Posted November 9, 2023 She looks like a corpse. 1 1 4 Link to comment Share on other sites More sharing options...
Lucky Bones Posted November 9, 2023 Share Posted November 9, 2023 4 minutes ago, Chris Daley said: She looks like a corpse. Yup. A plastic corpse.🙃🙃 1 1 Link to comment Share on other sites More sharing options...
Popular Post nauseus Posted November 9, 2023 Popular Post Share Posted November 9, 2023 The Art of The Deal. 1 4 Link to comment Share on other sites More sharing options...
Popular Post Mr Meeseeks Posted November 9, 2023 Popular Post Share Posted November 9, 2023 Thai buys successful business for $20m. Just over a year later the company is bankrupt owing $12m+ 1 3 4 2 Link to comment Share on other sites More sharing options...
Popular Post Keep Right Posted November 9, 2023 Popular Post Share Posted November 9, 2023 Owned by Jakkaphong Jakrajutatip, a man that pretends to be a woman. Maybe he can make a few bucks to pay off his debts by standing under a coconut tree on Beach Road. 1 8 Link to comment Share on other sites More sharing options...
Popular Post spermwhale Posted November 10, 2023 Popular Post Share Posted November 10, 2023 9 hours ago, Keep Right said: Owned by Jakkaphong Jakrajutatip, a man that pretends to be a woman. Maybe he can make a few bucks to pay off his debts by standing under a coconut tree on Beach Road. If you feel this way, why do you even live in Thailand? They are an accepted part of society and for you to imply that they all are sex workers is disgusting. I'm sure the Thais absolutely love you, hater. Phobic much? 3 3 1 1 2 Link to comment Share on other sites More sharing options...
Popular Post PremiumLane Posted November 10, 2023 Popular Post Share Posted November 10, 2023 10 hours ago, Keep Right said: Owned by Jakkaphong Jakrajutatip, a man that pretends to be a woman. Maybe he can make a few bucks to pay off his debts by standing under a coconut tree on Beach Road. Imagine going through life being triggered by the fact that trans people exist, you poor little snowflake 3 2 2 2 4 Link to comment Share on other sites More sharing options...
hotchilli Posted November 10, 2023 Share Posted November 10, 2023 12 hours ago, snoop1130 said: The Thai media company that owns the Miss Universe beauty pageant brand said on Thursday it has filed for bankruptcy while it tries to resolve a “liquidity problem Have a chat with Srettha and ask for some tips, he has the same issue. Link to comment Share on other sites More sharing options...
daveAustin Posted November 10, 2023 Share Posted November 10, 2023 Most comments (boomers probably) will deride the op pic; like you guys would have the chance 😂. 2 1 Link to comment Share on other sites More sharing options...
Popular Post mikebell Posted November 10, 2023 Popular Post Share Posted November 10, 2023 1 hour ago, spermwhale said: They are an accepted part of society Thais deny prostitution exists whilst partaking to the full - in particular police-owned brothels. 1 1 1 Link to comment Share on other sites More sharing options...
PremiumLane Posted November 10, 2023 Share Posted November 10, 2023 1 hour ago, mikebell said: Thais deny prostitution exists whilst partaking to the full - in particular police-owned brothels. Now that's what I call a non-sequitur 1 Link to comment Share on other sites More sharing options...
lopburi3 Posted November 10, 2023 Share Posted November 10, 2023 (edited) Another report here. https://www.bbc.com/news/business-67376299 Edited November 10, 2023 by lopburi3 Link to comment Share on other sites More sharing options...
kimamey Posted November 10, 2023 Share Posted November 10, 2023 14 hours ago, Mr Meeseeks said: Thai buys successful business for $20m. Just over a year later the company is bankrupt owing $12m+ Of course we don't know which part of the business is underperforming, or if they all are. It may be the the Miss Universe sector is financially sound. I don't know how well it was doing before it was sold. Link to comment Share on other sites More sharing options...
Goat Posted November 10, 2023 Share Posted November 10, 2023 3 hours ago, mikebell said: Thais deny prostitution exists Which Thais deny prostitution exists? All Thais, some Thais or not really any Thais? Link to comment Share on other sites More sharing options...
kingstonkid Posted November 10, 2023 Share Posted November 10, 2023 28 minutes ago, kimamey said: Of course we don't know which part of the business is underperforming, or if they all are. It may be the the Miss Universe sector is financially sound. I don't know how well it was doing before it was sold. He might have bit off more than he could chew. The question, though, is going to be what the sponsors and national branches are going to say. The question is also how will this affect the prizes that the girls get. This is a person who had a streaming service and beauty supplies that they thought would sell. I also think that the feeling was that they could build off of the back of owning the Miss Universe. The challenge is that the costs out way, and it is not that big a brand. 1 Link to comment Share on other sites More sharing options...
John Drake Posted November 10, 2023 Share Posted November 10, 2023 (edited) JKN is overly ambitious. They not only undertook the CNBC studio work but also planned on their own extensive upgrade of studios for domestic production. Mainly, they had a profitable niche in importing Indian TV dramas as well as fare from elsewhere in SE Asia. Less productive was their attempt to export Thai programming. Anne is a formidable force, but sometimes dreams end up derailing good business decisions. It's all family owned and operated, and there apparently was nobody there able to say, "no." Edited November 10, 2023 by John Drake 1 Link to comment Share on other sites More sharing options...
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