Miss Universe Owner Files for Bankruptcy Days Before Transgender Contestants Are Set to Participate in Pageant

Miss Universe Owner Files for Bankruptcy Days Before Transgender Contestants Are Set to Participate in Pageant
The stage prior the 72nd Miss Universe Competition at Gimnasio Nacional José Adolfo Pineda in San Salvador, El Salvador, on Nov. 18, 2023. Hector Vivas/Getty Images
Katabella Roberts
Updated:

JKN Global Group, the Thai owner of the Miss Universe pageant, has filed for bankruptcy one year after buying it for $20 million and just days ahead of the 72nd Miss Universe pageant where transgender contestants are set to take to the stage.

The media company revealed the filing with a Thai bankruptcy court in a statement to the Thai Stock Exchange on Nov. 9, citing an ongoing “liquidity problem.”

Katabella Roberts
Katabella Roberts
Author
Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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