Showing 1 - 10 of 27
JKN sets out plan to repay bondholders
Business, Nareerat Wiriyapong, Published on 12/06/2024
» SET-listed JKN Global says it plans to repay all its liabilities owed to bondholders within five years after a strategic investor, Mexican businessman Raul Rocha Cantú, agreed to inject 1.75 billion baht to revive the debt-ridden owner of Miss Universe Organization (MUO).
JKN bondholders call for SEC probe
Business, Nuntawun Polkuamdee, Published on 20/02/2024
» Bondholders of JKN Global Group (JKN) are asking the Securities and Exchange Commission (SEC) to conduct an in-depth investigation and expedite the seizure of JKN's assets after the company announced the indefinite postponement of a bondholders' meeting.
JKN ordered to explain restructuring moves
Business, Nareerat Wiriyapong, Published on 02/02/2024
» The Stock Exchange of Thailand (SET) has ordered JKN Global Group (JKN) to clarify facts by next Tuesday regarding the company's shareholder restructuring and the share divestiture to a strategic partner, saying such information is not in line with its filings to the bourse.
JKN selling 50% of Miss Universe business
Published on 24/01/2024
» 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).
TCG Social Media files lawsuit against JKN Global
Business, Nareerat Wiriyapong, Published on 25/11/2023
» TCG Social Media Group, a gold-backed cryptocurrency platform, has filed a lawsuit against JKN Global Group demanding the owner of the Miss Universe Organization pay 1 billion baht in damages, as well as additional charges for asset embezzlement.
Crypto platform TCG sues Miss Universe owner JKN over coin scam
Nareerat Wiriyapong, Published on 24/11/2023
» TCG Social Media Group, the gold-backed cryptocurrency platform, has filed a lawsuit against JKN Global Group (JKN), demanding the owner of the Miss Universe Organization pay 1 billion baht in damages, as well as additional charges of asset embezzlement.
Miss Universe owner JKN files for debt rescue
Published on 09/11/2023
» Shares of JKN Global Group plunged by nearly 30% to a floor of 0.77 baht on Thursday after the owner of the Miss Universe Organization announced it had filed for business rehabilitation with the Central Bankruptcy Court.
JKN founder admits to 'forced selling' of shares
Business, Nuntawun Polkuamdee, Published on 08/09/2023
» The founder and largest shareholder of JKN Global Group says she sold nearly 100 million shares of the Miss Universe Organization operator through "forced selling" to comply with the margin accounting rules of the Stock Exchange of Thailand (SET) after its share price dropped by more than 50% in one week.
JKN shares plunge as debt holders demand payment
Business, Nareerat Wiriyapong, Published on 07/09/2023
» Shares of JKN Global Group plummeted by more than 8% on Wednesday after representatives of the company's debenture holders demanded cross-defaults from the SET-listed owner of Miss Universe Organization (MUO) to repay debts within 30 days.
JKN allays concerns over liquidity, bond payments
Business, Nareerat Wiriyapong, Published on 02/09/2023
» JKN Global Group Plc (JKN) insists its finances and liquidity remain sound, saying none of the next bond interest payments will be missed and the company is on track to meet its revenue target of more than 3 billion baht this year.