JKN sells all shares in "MN Beverage" and approves the use of Miss Universe rights to enter the Skincare & Spa market in the United States.
JKN Global Group Public Company Limited (JKN) Revealed that the meeting of the company's board of directors resolved to approve the sale of common shares in MN Beverage Company Limited (MN) which operates a factory producing bottled health drinks and provide services in developing beverage product formulas to outsiders The total amount that the company holds is 557,600 shares with a par value of 100 baht per share, or 60% of the total registered capital of MNB, with a total trading value of 55.76 million baht. It is expected that the operation will be completed within the 3rd quarter of 66.
As well as approving the exclusive use of the rights to the Miss Universe brand. (Non-Exclusive Licensing) to Miss Universe Skincare & Spa, a newly established company in the state of Delaware to expand the skincare and spa business under the Miss Universe brand. It is expected to begin operating in October 66. The total value of compensation for the exercise of rights is USD 11.5 million, or approximately 402.50 million baht. The company will receive payment in cash of USD 10 million, or approximately 350 million baht, and Shares in Miss Universe Skincare & Spa Company in the proportion of 30% or a total investment of 1.5 million US dollars or approximately 52.50 million baht.
There was also a resolution acknowledging the name change. JKN Metaverse Inc. which is a subsidiary in which JKN holds 100% of shares and restructures the Miss Universe Organization group in the United States. To be beneficial to management as follows
1) Change name JKN Metaverse Inc. เป็น JKN Legacy Inc. which was completed on January 18, 2566
2) JKN Legacy Acquire Miss USA BR which is a subsidiary in which JKN Universe holds 100% of shares.
3) JKN Legacy sells JKN Universe Franch Co. which is a subsidiary that holds 100% of shares for JKN Universe.
4) Changed the name of JKN Universe Franch Co to Miss Universe Organization Franch Co.
The company also informed that on March 31, 66 JKN Best Life Company Limited (JKN BL) which is a subsidiary in which JKN holds 100% of shares, purchases additional common shares in JKN High Shopping Co., Ltd. (JKN HS) (a subsidiary in which JKNBL holds 51% of shares) from the existing shareholder, namely Hyundai Home Shop Co., Ltd. Ping Network Company Limited, 28,500,000 shares, with a par value of 10 baht per share, accounting for 49%, price 2,850 baht, believes that it will create benefits in JKN BL's operations by sharing the use of resources that JKN BL has in a worthwhile manner and Because JKN HS has various systems such as a 24-hour call center, product delivery covers the entire country. which is ready to operate immediately Can promote the business of selling JKN BL products better.
