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Miss Universe owner clarifies: ‘We are not going through a business bankruptcy’

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Miss Universe, which recently crowned Sheynnis Palacios as the winner of the 72nd edition, is undergoing a series of changes, not only in terms of the pageant’s guidelines but also as a company. Anne Jakrajutatip, the owner of the competition, recently traveled to Mexico City for the official presentation of Cynthia de la Vega as Lupita Jones’s replacement as the director of the franchise in Mexico.

During this visit, she took the opportunity to clarify rumors about the financial status of the company, ensuring that it is not on the brink of bankruptcy.Asked about the economic situation of the organization she leads, Anne denied that it is going through a crisis. “I am very happy to be able to talk about it here with you. Much of the news being spread is false, what we call fake news.

There is a lot of controversy about me and my company, precisely because we are in a successful moment,” she told the press, as reported by Hoy Día (Telemundo).Nadia Ferreira responds to allegations that she prevented Miss Dominican Republic from being a Miss Universe finalistMiss Universe 2024: Check out the location of next year’s pageantMiss Universe 2023: Photos of the swimsuit competition“We are not going through a business bankruptcy but what we call business rehabilitation, which is a very different term from what is currently being said in the press,” explained the Thai businesswoman, refuting those speculations.Bankruptcy rumors surrounding Miss Universe intensified following the disclosure that JKN Global Group, the current owner of the renowned beauty pageant, declared bankruptcy in Thailand. The Thai company confirmed filing for “business rehabilitation,” a procedure akin to Chapter 11 of the United States Bankruptcy Code.

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