Photo credit: Anne Jakrajutatip Instagram

In a move aimed at securing the long-term financial stability of JKN Global Group, the company's Founder & CEO has announced a comprehensive plan to refinance debt and undergo business rehabilitation.

This initiative, distinct from bankruptcy, seeks to preserve the continuity and integrity of the business, ensuring improved returns for creditors and investors through meticulous restructuring efforts.

Despite the need for financial realignment, the company assures stakeholders that its operating cash remains intact, and regular operations will continue as planned.

JKN Global Group, a diversified conglomerate with Miss Universe Organization among its many business lines, asserts that the latter is entirely unaffected by the financial adjustments and will continue its operations seamlessly.

The Founder & CEO emphasized the importance of the business rehabilitation program, stating, "Bankruptcy simply means your business is gone, but BUSINESS REHABILITATION program means JKN aims to preserve the continuity and integrity of the businesses, allowing JKN to generate improved returns for creditors and investors through restructuring efforts."

Stakeholders are assured that Miss Universe Organization, as one of JKN Global Group's key business lines, remains completely unaffected. The organization is set to proceed with three broadcasts next week.