- The Miss Universe Organization finally spoke up about the Miss Universe Philippines franchise
- It revealed whose group of companies will hold the said franchise
- Chavit Singson also expressed his thoughts upon hearing the announcement
The Miss Universe Organization (MUO) finally exposed to public the real and final franchise owner of Miss Universe Philippines.
KAMI learned that there have been reports before claiming that Chavit Singson already acquired the aforementioned franchise.
However, the Araneta Group falsified the rumors and said that Miss Universe Philippines will still be under the team’s Binibining Pilipinas Charities, Inc. (BPCI).
In an official announcement made by the MUO, it was confirmed that the group of Stella Marquez-Araneta is still the owner of the franchise.
This means that Stella and her team will continue to organize Binibining Pilipinas just like what they have been doing for the past five decades.
“In our continuing efforts to build and evolve the Miss Universe brand in the Philippines, the Miss Universe Organization has explored many options and opportunities to enhance Binibining [Pilipinas] and grow it into a dynamic, multi-faceted platform.
“While exploring these opportunities, we sought the input of all of our partners and will continue to do so,” the MUO said through an article published by Manila Bulletin.
After knowing the announcement, Chavit willingly expressed his support to the MUO and to BPCI regarding the conduct of the prestigious national pageant.
“In seeking to modernize and grow the brand into more than a one day special and LCS (Luis Chavit Singson) has agreed to support us in our efforts to do so,” the report quipped.
In a previous article by KAMI, Miss Universe 2018 Catriona Gray dazzled during her homecoming parade on February 21.
Binibining Pilipinas is one of the main projects of BPCI under the Araneta Group. It is a national beauty pageant that opts to select representatives of the country to various international competitions.
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