JKN Global Group Public Company Limited (SET:JKN) entered into the shares sale and purchase agreement to acquire Miss Universe L.P., LLLP. from IMG Worldwide, LLC for $14 million on August 8, 2022. The Board of Directors of JKN Global Group Public Company Limited held on June 27, 2022 has resolved to approve the negotiation in connection with the acquisition of Miss Universe Organization. The acquisition of Miss Universe will be a transfer of all shares in the LLC entities incorporated under the laws of Delaware, USA consisting of (1) IMG Universe, LLC (2) IMG Universe FranchCo, LLC, (3) Miss USA BR Productions, LLC, (4) MUO Productions, LLC and (5) Miss USA Productions OH, LLC. The Source of funds is JKN Global Group's working capital. The Raine Group LLC acted as financial advisor and Latham & Watkins LLP acted as legal advisor to IMG Worldwide, LLC.

JKN Global Group Public Company Limited (SET:JKN) completed the acquisition of Miss Universe L.P., LLLP. from IMG Worldwide, LLC on October 25, 2022. Amy Emmerich and Paula Shugart will continue with the organization as CEO and President, respectively.