Chủ sở hữu Miss Universe nộp đơn xin phá sản
The Thai owner of the Miss Universe pageant, which was once part of former US president Donald Trump's business empire (đế chế kinh doanh), has filed for bankruptcy (phá sản) a year after buying it for $20m (£16.4m).
JKN Global Group has said it would try to resolve (giải quyết) a "liquidity problem" (vấn đề thanh khoản).
Its chief executive, Anne Jakapong Jakrajutatip, is a transgender (chuyển giới) woman who bought the firm as the pageant became more inclusive.
But the firm has loaded up on debt which it is seeking to restructure (tái cấu trúc).
... Funding for the deal was raised through bonds but the firm missed a repayment deadline of around $12m which was due on 1 September.
In the past year, JKN's share price has fallen by more than 80%.
The Thai Bankruptcy Court has set the hearing date for the petition (đơn xin) for business rehabilitation on 29 January, according to the firm.
Under the ownership of JKN, the pageant has allowed mothers and married women to participate in the contest (cuộc thi) from this year.
The revised format will also feature at least two trans women for the first time after Marina Machete became the first transgender woman to win Miss Portugal and Rikkie Valerie Kolle was crowned Miss Netherlands in July.
The annual Miss Universe pageant, with a history spanning seven decades, is broadcast in more than 165 countries.
The Miss Universe Organization was co-owned by Mr Trump from 1996 to 2015.