Showing 1 - 10 of 16
Asian equities mixed despite gains in Japan
Business, Published on 15/06/2024
» RECAP: Asian equities were mixed on Friday, with Japanese shares surging following the Bank of Japan's decision to delay a reduction in bond buying. However, Chinese and Australian market weakness dragged down the overall MSCI Asia Pacific Index.
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).
CPN sinks B400m into this year's Songkran festival campaign
Business, Post Reporters, Published on 04/04/2024
» Central Pattana (CPN) is investing 400 million baht in its "Thailand's Songkran Festival 2024" campaign, offering more than 1,000 events throughout the campaign.
Thai beauty pageant’s 900% rally defies warning, beats Miss Universe
Published on 23/02/2024
» A gravity-defying rally in Thailand’s beauty-pageant organiser Miss Grand International Plc (MGI) is finally seen petering out on concerns that the valuation has become overstretched.
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).
SEC tightens high-yield bond oversight as investment drops after defaults, Stark scandal
Published on 22/01/2024
» The Securities and Exchange Commission is stepping up supervision of high-yield bonds to boost payment safeguards and investor confidence after several recent defaults and a major accounting scandal rocked the market for speculative debt, SEC Secretary-General Pornanong Budsaratragoon said.
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.