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‘Ann-Chakrabongse’ leads JKN to successfully acquire Miss Universe.

26 October 2022 – Ann-Chakrabongse Chakrajutathib Chief Executive Officer and Managing Director of JKN Global Group Public Company Limited (JKN) disclosed that the Company has reached an agreement with the seller and entered into a share purchase agreement with precedent conditions for the acquisition of the entire business Miss Universe Organization. (Miss Universe Organisation) and the company has already paid for the acquisition of Miss Universe Organization as stated in the contract on October 25, 65

In addition, because the Board of Directors meeting has approved negotiations for the acquisition of the Miss Universe Organization (Miss Universe Organization) by IMG Worldwide, LLC, a company 100% owned by Endeavor Group Holdings, Inc., the total turnover is not over 20,000,000 US dollars (which includes this contract $14,000,000 and a license purchase agreement of USD 6,000,000) or not more than 800,000,000 baht (calculated from a trading value of not more than USD 20,000,000 Using Krung Thai Bank exchange rate Public Company Limited on June 27, 20 USD is equivalent to 35.46 baht and additional reserves. due to exchange rate fluctuations

and approve the assignment of directors authorized to bind the Company or the person assigned by that director has the power to negotiate and decide the details of conditions and take any necessary steps in the interest of acquiring all the business of the Miss Universe Foundation and sign a share purchase agreement and any other related documents as well as carrying out various actions as necessary and appropriate in relation to the matters mentioned above

The Company would like to inform that although the Board of Directors of the Company has decided to approve the negotiations and assignments related to the acquisition of all the issues of the Miss Universe Organization on June 27, 65, but because the facts are still uncertain and subject to change And such a transaction is an acquisition of assets abroad.

Therefore, it is necessary for the Company to exercise due diligence and care in studying the details and strictly comply with precedent foreign laws and conditions relating to the purchase and sale of assets in both parties Information to shareholders and the general public when the conditions precedent associated under the Miss Universe Foundation share purchase agreement have been completed.

The company The Miss Universe Organization (MUO) is considered a legendary organization. With a global reputation and image for more than 71 years, the Group will benefit from international branding awareness, which can be combined with the Group’s products. to grow rapidly and spread across the world Create opportunities to expand distribution channels on a global scale. able to strengthen and promote the successful action plan of being the Best Global Content Trading Company

The Company intends to generate income from various channels, namely 1. Franchise Fee 2. Hosting Fee 3. Production Fee 4. Sponsorship Fee 5. Marketing and Licensing Fee 6. Broadcast Fee 7. Program and Format Fee 8. Management Fee Talent 9. Ticket Sales, moreover, it can also be a Soft Power in building a good reputation for Thailand to be well-known and excellent around the world.

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