Jakkaphong Jakrajutatip, chief executive and handling director JKN Global Group Plc (JKN). (File image: Pornprom Satrabhaya) JKN Global Group Plc (JKN) firmlyinsists its financialresources and liquidity stay sound, stating none of the next bond interest payments will be missedouton and the business is on track to satisfy its profits target of more than 3 billion baht this year. “The bond payment rescheduling was primarily triggered by a liquidity inequality and a absence of financing sources,” chief executive and handling director Jakkaphong Jakrajutatip informed a instruction on Friday, referring to the statement on Thursday that JKN cannot completely pay 609 million baht worth of debentures due on Friday. In a filing to the Stock Exchange of Thailand (SET), the owner of the Miss Universe Organization (MUO) stated it would pay 156.6 million baht, consisting of 146.62 million baht of principal and 9.98 million in interest, on Friday. The payment accounts for 26% of the overall, leaving an impressive balance of 443 million
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