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Jakapong "Anne" Jakrajutatip, CEO and biggest shareholder of JKN
Global Group Pcl (JKN), is a celebrity in Thailand, starring in
local versions of reality shows Project Runway and Shark Tank.
She has been outspoken about her experience as a transgender
woman and also set up the Life Inspired For Thailand Foundation
to advocate for the rights to dignity and opportunities for
transgender people.
The acquisition is "a strong, strategic addition to our
portfolio," said Jakapong, adding that Miss Universe, with its
content, licensing and merchandising opportunities, plans to
expand in Asia.
JKN produces its own shows and distributes content in Thailand
from abroad including documentaries and Bollywood dramas. Its
shares jumped nearly 10% in early trade on Wednesday.
The annual beauty contest run by the Miss Universe Organisation,
which was co-owned by Donald Trump between 1996 and 2002, is
broadcast in 165 countries and has been running for 71 years.
(Reporting by Chayut Setboonsarng; Editing by Kanupriya Kapoor)
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