The Miss Universe company is owned by Anne Jakkaphong Jakrajutatip.
A Miss Universe determine asserted that the organizer filed for bankruptcy as a result of the outrage over the transwoman’s participation in the conclusion. At a Fox News program, Emily Austin, the prosecutor of the 2022 Miss Universe, referred to it as “morally wrong.” The comment was made one day prior to the El Salvador competitors. The Miss Universe beauty pageant brand’s owner, a Thai media company, filed for bankruptcy protection last week after failing to pay on the securities batch on September 1 and resulting in cross-defaults on six other tranches.
The outrage over a transgender woman visiting Miss Universe and preaching,” Take the power back to women,”” was n’t be more of an oxymoron,” Ms. Austin said on Thursday’s Fox News program.
She continued,” I believe her organization in Thailand has financial problems of its own, but it’s inappropriate socially and politically. And people are beginning to notice that.
Two trans persons, Marina Machete and Rikkie Kolle, are scheduled to attend this year’s celebration. Kolle is the first trans Miss Netherlands, while Ms. Machete, a flight attendant, won Miss Portugal.
With Spain’s Angela Ponce, who did not make it to the playoffs, trans candidates participated in Miss Universe charm show for the first time in 2018.
Anne Jakkaphong Jakrajutatip, an Transgender activist and one of the wealthiest trans women in the world, is the owner of JKN Global Group, which purchased the show in 2022 for$ 20 million.
According to a speech from JKN, the company’s board of directors decided on November 7 to present the bankruptcy court of Thailand with an economic treatment plan.
According to the speech,” submitting the recovery petition will effectively resolve the Company’s liquidity issue under the legal framework and give good protection to all stakeholders.”
Operations likely proceed as planned, it was added.
With the Thai Stock Exchange issuing a warning for the stock, the price of JKN stock has decreased by more than 90 % from the previous month.
