Reporters reported that today (January 25 '24) the stock price JKN Global Group Public Company Limited or JKN At 11:59 am, it was at the level of 1.19 baht plus 0.20 baht, or 20.20%, the highest level was 1.24 baht, and the lowest level was 1.02 baht, with a trading value of 463.70 million baht.
As for JKN's stock price, it continues to rise after receiving positive news. Mr. Chakravong Chakrajottathip The CEO and Managing Director of JKN revealed that the company has drawn up a strategy to promote the Miss Universe Organization (MUO) business operating under the US-registered company JKN Legacy. Who is the operator of the Miss Universe Organization and holds the copyright to Miss Universe or Miss Universe. A brand that has been around for over 72 years and is respected around the world. To lead the brand to expand its business through a collaborative model with global strategic partners. Bringing experience and expertise together to drive the business by expanding the Miss Universe brand into premium products and services. For complete marketing to all regions of the world
Recently, JKN Legacy, a subsidiary of JKN Group, reached a strategic partnership agreement with “Mr. Raul Rocha Cantu” (Raoul Rocha Cantu), Chairman and CEO of Legacy Holding Group, a billionaire from Laos. America, which owns oil fields, hotels, real estate, and airports for private aircraft. By investing in a 50% stake in JKN Legacy, the investment value is US$16 million or 581.92 million baht, which reflects the potential of the Miss Universe brand very well. The company plans to use the funds received from this transaction to improve its liquidity and is working capital. To operate the subsidiary's business and support the rehabilitation of the company's business.
Mr. Raul Rocha Cantu will bring years of experience and expertise in business management. Come and support MUO's business by granting the rights to produce products, services or brands under the Miss Universe brand to entrepreneurs in Latin America. Interested in coming together to develop business in various products and services under the Miss Universe brand, which will be headquartered in Mexico. It is the third location responsible for taking care of the business in North America and South America. The main office in Thailand is responsible for the operations of Miss Universe in Thailand and all Asian countries and other countries. The office in New York, USA is responsible for managing the MUO (brand management) brand and developing the skills of The abilities of artists and beauty are queens (talent). Development)
“In the past, MUO's business has received interest from investors around the world who want to become business partners. Due to confidence in the potential of Miss Universe, a global brand with a long-standing fan base as the world's premier beauty pageant with the potential to expand to include a variety of Products and services. Global strategic partnership with “Mr. Raul Rocha Cantu”, a successful CEO and owner of several companies in Mexico, came together to work and put our trust in making the final business decision. “To push MUO to be stronger and drive the business strategy aggressively,” said Mr. Chakravong. Larger”.
After the joint investment, JKN will still have control over JKN Legacy, with the right to appoint 3 persons as specified by JKN (out of a total of 5 directors) to be directors of JKN Legacy, which shall be considered the majority at the board meeting JKN Legacy has the power to make the final decision In the management of JKN Legacy in this regard, Ms. Ann continues to serve as CEO of MUO, and more importantly of the Company Therefore, the financial statements of JKN Legacy, a subsidiary, can still be prepared as the Company's consolidated financial statements (consolidation) as usual.
Mr. Raul Rocha Chairman and CEO of Legacy Holding Group and joint venture partner of JKN Legacy said: “We are pleased to be a strategic partner with the Miss Universe Organization (MUO) and co-own the iconic and iconic Miss Universe brand. From being the number one beauty pageant in the world to inspiring women around the world for over 72 years.
From Legacy Holding Group, it is ready to offer experience and expertise in operating businesses in a variety of industries for over 35 years in 5 regions around the world. The entire real estate business group Industrial business Energy business Medical business Industrial area Marketing business Service business, aviation business, automobile business Entertainment business, etc., to jointly define the vision and business strategy with the aim of raising the greatness of the Miss Universe brand through the 10 core revenue generation model , which will make the value of Miss Universe's business several times higher than at present. And get a more comprehensive process than organizing a beauty pageant. Therefore, there is a further expansion of the Miss Universe brand scope to include products and services in all five groups: 1. Spa & Skin Care, 2. Cosmetics, 3. Perfumes, 4. Swimwear & Lingerie, and 5. Drinks. For consumers around the world
“Investment This time I will work with Ms. Ann Jackrabong to create a new chapter of success for MUO's business. They will jointly determine the direction of business operations as well as use a network of business partners and capital. Come and help support the development of products and services under the Miss Universe brand, and achieve the goals as The desired. Mr. Raoul said.
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